Guidance Note on Accounting for Rate Regulated Activities

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Guidance Note on Accounting for Rate Regulated Activities (Second Edition : February, 2015) – (18-02-2015). ICAI Issued new Guidance Note on  Accounting for Rate Regulated Activities. Download Full Guidance note From below link.

link=http://220.227.161.86/25919asbrra170212.pdf

Content of Guidance Note on Accounting for Rate Regulated Activities

Paragraphs
Introduction 1-11
Background 1-2
Framework for Rate Regulation 3-4
Methods and Process of Rate Regulation 5-11
Objectives 12-13
Scope 14-20
Definitions 21
Accounting issues arising from Rate Regulation 22-23
Regulatory assets 24-26
Regulatory liabilities 27
Nature of regulatory assets and regulatory liabilities 28-29
Recognition 30-36
Measurement 37-38
Impairment 39
De-recognition 40-41
Presentation 42-44
Disclosures 45-51
Effective date 52
Transition 53
Appendix I, Illustrative Examples

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