IFRS 20 Regulatory Assets and Regulatory Liabilities
Project Type:
Endorsement
Status:
Active
On 27 May 2026 the International Accounting Standards Board (IASB) published IFRS 20 Regulatory Assets and Regulatory Liabilities. IFRS 20 is effective for reporting periods beginning on or after 1 January 2029. Earlier application is permitted.
Background
IFRS 20 is a new IFRS Accounting Standard aimed at improving financial reporting for entities subject to a specific type of rate regulation.
In January 2021 the International Accounting Standards Board (IASB) published the Exposure Draft ED/2021/1 Regulatory Assets and Regulatory Liabilities (ED). The UKEB responded to this ED, see the Final Comment Letter - Regulatory Assets and Regulatory Liabilities below which was published on 4 August 2021.
Refer to this project webpage for details of the UKEB’s influencing project on the ED.
Outreach
Planned outreach will be reflected in the project initiation plan.
Rate Regulated Activities Technical Advisory Group
Access more information about the Rate Regulated Activities Technical Advisory Group.