Rate-regulated Activities – International Accounting Standards Board
Date recorded:
At its meeting on December 13-15, 2022, the IASB met to redeliberate the proposals in its Exposure Draft relating to: (a) the inflation adjustments to an entity’s regulatory capital base; and (b) the accounting for allowable expenses or performance incentives included in an entity’s regulatory capital base. The Board also discussed advice from the Consultative Group for Rate Regulation and the use of the direct (no direct) relationship concept in the IASB’s redeliberations of the proposed model. The IASB made tentative decisions related to (a) and (b). The IASB will continue to redeliberate the project proposals at future meetings.
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