Survey of financial reporting and accounting developments in the public utility industry. [Monograph]

Book · Tue Jan 01 04:00:00 EST 1980

OSTI ID:6734165

This survey summarizes financial reporting and accounting practices of a major segment of the public utility industry as shown in annual reports to stockholders for 1979. Financial reporting and accounting practices of public utility companies are continually undergoing changes as the result of pronouncements of the Securities and Exchange Commission, the Federal Energy Regulatory Commission, and the Financial Accounting Standards Board. Both the SEC through its proxy rules and the FERC through its orders have for some time required that financial statements appearing in published annual reports conform as to accounting principles and practices with the statements included in the prescribed annual reports to those commissions. Rate orders of state public utility commissions have also had their impact, under the principle of matching costs and revenues as promulgated by the Addendum to Accounting Principles Board Opinion No. 2.

• OSTI ID: 6734165
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200* -- Energy Planning & Policy-- Economics & Sociology
294003 -- Energy Planning & Policy-- Natural Gas
296000 -- Energy Planning & Policy-- Electric Power
ACCOUNTING
CAPITAL
ELECTRIC UTILITIES
FINANCING
GAS UTILITIES
PUBLIC UTILITIES
SURVEYS
WATER SUPPLY