Written by: Barbora Choi on Mon Mar 16
IFRS 20 Regulatory Assets and Regulatory Liabilities
Entities in regulated industries, such as water, heat, electricity (distribution & network), wastewater, household waste, and similar activities will be affected by the standard.
“Do not seek water, get thirst.”
If you wonder what the new IFRS 20 Regulatory Assets and Regulatory Liabilities is about - today's carousel is the best place to start ⏩.
IFRS 20 is expected to be issued in the second quarter of 2026 and will be effective for annual reporting periods beginning on or after 1 January 2029. It will replace IFRS 14 Regulatory Deferral Accounts.
Referencing the webcast and slides on the topic by the IASB:
https://lnkd.in/eJQ_VK9E
headline quote attributed to Rumi via Goodreads.
