Previous project
In July 2009, the IASB published for public comment the Exposure Draft (ED) Rate-regulated Activities. After reviewing the responses to that ED, the IASB decided that it could not resolve, in a timely manner, the complex, fundamental issues involved. The IASB suspended the project in September 2010.
As a result of the views received from its 2011 Agenda Consultation, the IASB, in September 2012, initiated a revised Rate-regulated Activities research project.
Current project
The IASB has published the Discussion Paper Reporting the Financial Effects of Rate Regulation as part of its active research programme. The Discussion Paper considers the common features of rate regulation and explores which of them, if any, create a combination of rights and obligations distinguishable from the rights and obligations arising from activities that are not rate-regulated. The Discussion Paper does not include specific accounting proposals. Instead, it explores several possible approaches that the IASB could consider when deciding how best to report the financial effects of a defined type of rate regulation.