IFRS News
Editorial analysis of the latest IFRS, IASB and ISSB developments — exposure drafts, amendments, and sustainability reporting.
Preparing for IFRS 20: Key Implementation Steps for Rate-Regulated Entities
Following the issue of IFRS 20 Regulatory Assets and Regulatory Liabilities on 27 May 2026, the IFRS Foundation has released video guidance and supporting materials to help rate-regulated entities begin their implementation journey. Effective for annual periods beginning on or after 1 January 2029, IFRS 20 requires significant changes to systems, data, and financial statement presentation for utilities, telecommunications operators, and other regulated infrastructure entities.
24 Jun 2026
IASB Issues IFRS 20 Regulatory Assets and Regulatory Liabilities
On 27 May 2026, the IASB issued IFRS 20 Regulatory Assets and Regulatory Liabilities, superseding IFRS 14 and effective for annual periods beginning on or after 1 January 2029. The standard fills a gap in IFRS reporting by requiring entities subject to rate regulation to recognise regulatory assets and liabilities arising from timing differences between IFRS 15 revenue and total allowed compensation. Measurement uses a cash-flow-based technique discounted at the regulatory interest rate.
27 May 2026