reached a tentative conclusion that if a rate-regulated enterprise initially fails to meet the regulatory asset recognition requirements described in the consensus reached on Issue 92-12 but meets those requirements in a subsequent period, then a regulatory asset related to Statement 106 costs should be recognized in the period in which those requirements are met. The issue is whether the tentative conclusion reached in Issue 92-12 should be affirmed and applied to all regulatory assets. An additional issue is whether it is necessary to continue to meet the probability criterion in paragraph 9 of Statement 71 following the initial recognition of a regulatory asset or whether regulatory assets should be subject to the same impairment assessment as for other assets. Copyright © 1993, Financial Accounting Standards Board Not for redistributio
To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.