World Accounting Report
Rate-regulated activities
The IASB’s project on rate-regulated activities was on the agenda for its last two meetings. In May, the Board had an educational
session to review progress to date; last month, it had a second educational session focusing on the differences in the model
being developed from that used in US GAAP; finally, during a third session, the Board took some decisions. This article pulls
together the key issues that emerged.