Accounting for Rate-Regulated Activities!

By: PR Ramesh, Deloitte Haskins & Sells

February 25, 2012 / 17:30 IST

By: P R Ramesh, Chairman,Deloitte Haskins & Sells

Certain services like electricity distribution are rate-regulated i.e, the rates charged on the consumers are regulated by the concerned regulatory authority. Such regulation may take a variety of forms. Till recently, there is no guidance available in India on accounting for rate-regulated activities. ICAI has recently released the Guidance Note (the

first published: Feb 25, 2012 02:16 pm

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