This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice ( for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Deloitte comment letter on IASB DP/2014/2 "Reporting the Financial Effects of Rate Regulation"

Published on: Jan 16, 2015

Deloitte responded to the International Accounting Standards Board’s Discussion Paper DP/2014/2 Reporting the Financial Effects of Rate Regulation. The purpose of the DP was to solicit feedback from constituents whether, and under which circumstances, financial effects arising from rate regulation should be accommodated in financial reporting.

We welcome the Board’s progress in addressing the issue of rate regulation. We believe it is critical that the output of this project is capable of dealing with the range of regulatory regimes in existence and agree that the hybrid scheme described as ‘defined rate regulation’ in the discussion paper captures many of the features of regulatory regimes encountered in practice. We recommend that the next step in the project be an accounting discussion paper preceding the development of any new Standard or amendment to existing standards.


Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.