The International Accounting Standards Board (IASB) is publishing this Discussion Paper to consult a wide range of stakeholders about:

• what features, if any, distinguish the economic environment in which some rate-regulated entities operate; and
• whether those features would best be reflected in general purpose financial Statements by modifying the requirements of International Financial Reporting Standards (IFRS) in any way.

This Discussion Paper does not include any specific accounting proposals. Instead, it considers the characteristics of rate-regulated activities and assesses how best to report these characteristics in a relevant and representationally faithful way in IFRS financial statements.

How to Comment

Comments can be submitted using one of the following methods:

1.       Electronically:                Click on http://www.icai.org/comments/asb/ to submit comment online                  

1.       Email:                          Comments can be sent to: commentsasb@icai.in

1.       Postal:                         Secretary, Accounting Standards Board,

                                                   The Institute of Chartered Accountants of India,

                                                   ICAI Bhawan, Post Box No. 7100,

                                                   Indraprastha Marg, New Delhi 110 002

You are requested to mention your contact number and Email address while submitting comments.