IFRS 14/20 For Canadian Utilities: Navigating the New Rate Regulation Standard

The proposed IFRS 20 standard will fundamentally transform how Canadian utilities reporting under IFRS account for rate-regulated activities. This webinar brings together regulatory accounting expertise and technology insights to help you prepare for this significant change. Join Richard McCabe—a member of the IASB Consultative Group and reviewer of the proposed standard—alongside James Major, Director of Industry Strategy at PowerPlan, for an in-depth exploration of what IFRS 14/20 means for your organization. Whether you report under IFRS or US GAAP, you’ll gain valuable insights into the data, systems, and processes needed to ensure compliance and streamline your transition.

This seminar is also relevant for utilities reporting under US GAAP, as it addresses system requirements for fixed asset management and technology solutions that can automate processes currently executed manually through spreadsheets.

Request your personal demo to start the journey to NXT today.

Speakers:

Richard McCabe, CA, CPA, MBA

Richard is a semi-retired accounting executive with more than 40 years of experience as a Chartered Accountant. He currently serves as a member of the Consultative Group to the IASB on the recognition of regulatory assets and liabilities, providing direct input on the development of IFRS 14/20. Richard is the past Chair of the CEA (now Electricity Canada) Finance & Accounting Committee and brings extensive experience from the utility and energy marketing industries, including participation in numerous witness panels during rate applications. His unique perspective combines deep regulatory knowledge with practical implementation experience.

James Major, Director, Industry Strategy, PowerPlan

James brings extensive expertise in utility financial systems and regulatory compliance technology. As Director of Industry Strategy at PowerPlan, he works closely with asset-intensive organizations to optimize their fixed asset management, regulatory reporting, and financial processes. James specializes in helping utilities navigate complex accounting standards and implement technology solutions that drive efficiency and ensure compliance.