EFRAG seeks input from preparers of financial statements of rate-regulated entities by 18 December 2020
The IASB is developing a new accounting model to give users of financial statements better information about a company's incremental rights and obligations arising from its rate-regulated activities.
As a key input into an early-stage analysis of possible impacts EFRAG is seeking the input of preparers of financial statements of rate-regulated entities. The analysis aims to assess possible impacts of the new accounting model for preparers.
The outreach will be conducted through a survey questionnaire which will take approximately 30-45 minutes to complete and where needed through follow-up interviews. To participate in the process, please either complete the online registration which can be accessed here or contact us on RRA@efrag.org in order for us to send you the relevant information.
A pdf version of the complete questionnaire can be found here. Responses to the online version of the questionnaire are encouraged.
For a quick overview of the proposed new accounting model, a
presentation has been prepared for you.