Update on power and utilities accounting for rate-regulated activities under IFRS (Power and Utilities Alert 2012-6)
This Power and Utilities Alert describes recent developments regarding accounting for rate-regulated activities under International Financial Reporting Standards (IFRS). It includes observations related to discussions on rate-regulated activities held during an IFRS Interpretations Committee (the Committee) meeting on July 10, 2012.
This Alert supplements and updates Alert 2012-5.