The International Accounting Standards Board (IASB) issued IFRS 14, Regulatory Deferral Accounts, in January 2014. The Accounting Standards Board (ASB) of the Institute of Chartered Accountants of India (ICAI), at its 210th meeting, considered and finalised the Exposure Draft of corresponding Ind AS 114, Regulatory Deferral Accounts, and decided to invite comments from various stakeholders. The said Exposure Draft can be accessed/downloaded on the Institute's website namely, www.icai.org at the following link:
The Board invites comments on any aspect of the Exposure Draft. Comments are most helpful if they indicate the specific paragraph or group of paragraphs to which they relate, contain a clear rationale and, where applicable, provide a suggestion for alternative wording.
Comments should be submitted in writing to the Secretary, Accounting Standards Board, The Institute of Chartered Accountants of India, ICAI Bhawan, Post Box No. 7100, Indraprastha Marg, New Delhi – 110 002, so as to be received not later than September 15, 2014. Comments can also be sent by e-mail at email@example.com.
Further clarifications on any aspect of this Exposure Draft may be sought by e-mail to firstname.lastname@example.org