Regulatory deferral account and Stagflation: Difference between pages

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imported>Doug Williamson
(NEW ENTRY - Created in response to IFRS 14 to define terminology. Source:http://www.ifrs.org/Current-Projects/IASB-Projects/rate-regulated-activities-interim-IFRS/Documents/Feedback-Statement-IFRS-14-January-2014.pdf and http://www.iasplus.com/en/st)
 
imported>Doug Williamson
(Link with Deflation and Hyperinflation pages.)
 
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The balance of any expense (or income) account that would not be recognised as an asset or a liability in accordance with Financial Standards, but qualifies for deferral because it is included, or is expected to be included, by a rate regulator in establishing the rate(s) that can be charged to customers
A situation in which rapid inflation is accompanied by stagnating or declining output and employment.


Rate regulations allow the supplier to recover specified costs and other amounts through the prices charged to customers. To protect the interests of customers, rate regulation may defer the recovery of these amounts in order to reduce price volatility.


The supplier usually keeps track of these deferred amounts in separate regulatory deferral accounts until they are recovered through future sales of the regulated goods or services.
== See also ==
 
* [[Deflation]]
 
* [[Hyperinflation]]
==See also==
* [[Inflation]]
* [[Rate regulation]]
* [[IFRS 14]]

Revision as of 14:07, 13 March 2017

A situation in which rapid inflation is accompanied by stagnating or declining output and employment.


See also

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