Rate regulation: Difference between revisions
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imported>Doug Williamson (NEW ENTRY - in conjunction with IFRS 14 to explain terminology. Sources; 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/sta) |
imported>Doug Williamson (Minor wording clarification) |
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A framework for establishing the prices that can be charged to customers for goods and services | A framework for establishing the prices that can be charged to customers for goods and services. This framework is subject to oversight and/or approval by a rate-regulator. | ||
For example, many governments regulate the supply and pricing of particular types of activity by private entities, including utilities such as gas, electricity and water. | For example, many governments regulate the supply and pricing of particular types of activity by private entities, including utilities such as gas, electricity and water. | ||
Revision as of 14:08, 17 January 2015
A framework for establishing the prices that can be charged to customers for goods and services. This framework is subject to oversight and/or approval by a rate-regulator.
For example, many governments regulate the supply and pricing of particular types of activity by private entities, including utilities such as gas, electricity and water.
