EFRAG launches survey for preparers from rate-regulated non-energy sectors on expected IFRS X impacts
EFRAG has launched a new survey aimed at preparers from European rate-regulated entities operating outside the energy sector and likely to fall within the scope of the forthcoming IFRS X standard Regulatory Assets and Regulatory Liabilities. Specifically, the outreach targets organisations in the water industry, motorway and rail infrastructure, airport services, postal services, as well as any other rate-regulated sectors beyond gas and electricity. The deadline to provide feedback is 31 March 2026.
The survey seeks detailed information on the regulatory agreements applied by these entities in order to assess the potential impact of IFRS X on their IFRS financial statements. The results, together with the findings of the earlier energy-sector survey, will inform EFRAG’s preparatory work in anticipation of the European Commission's request for endorsement advice, expected in 2026.
The new IFRS Accounting Standard is expected to be issued in the second quarter of 2026. IFRS X will allow rate-regulated entities to recognise regulatory assets and regulatory liabilities in their statement of financial position, along with related changes in the statement of financial performance, subject to specific conditions. This is intended to provide a more faithful representation of financial performance by these entities.
The survey takes approximately 15 minutes to complete. Respondents are able to take a break (and save their answers) while completing the survey. A document containing the survey questions is also available, should respondents wish to consult it beforehand. While questions are conditional - with certain sections appearing depending on earlier response - the PDF document displays all questions.
For queries regarding the survey content, respondents may contact EFRAG Advanced Technical Manager, Ioana Kiss , or OIC Technical Manager, Silvia Persichetti.