Rate-regulated Activities – International Accounting Standards Board

Date recorded:

At its meeting on February 20-23, 2023, the IASB met to discuss its plan to redeliberate the proposed recognition requirements in its Exposure Draft. The IASB was not asked to make any decisions on the plan. The IASB also started to redeliberate specific topics included in the plan relating to: (i) the threshold for the recognition of regulatory assets and regulatory liabilities; (ii) the relationship between an assessment of enforceability and the recognition of regulatory assets and regulatory liabilities; and (iii) the accounting for performance incentives, except those that relate to an entity’s performance over several periods (long-term performance incentives). Following a discussion, the IASB made tentative decisions with respect to (i), (ii)  and (iii) The IASB will continue to redeliberate the project proposals at a future meeting.

Review the IASB Update and podcast on the Board's Web site.

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