IASB Exposure Draft Contracts for Renewable Electricity – UKEB Final Comment

The UKEB has published its Final Comment Letter and Feedback Statement in response to the IASB’s Exposure Draft on Contracts for Renewable Electricity. The letter highlights the risks of the proposed departure from principle-based accounting requirements but recognises the strong stakeholder feedback in support of a pragmatic solution. Thank you to all stakeholders for their contributions to the development of this letter.