Iowa Admin. Code r. 199-16.5

Current through Regsiter Vol. 46, No. 26, June 12, 2024

Rule 199-16.5 - Uniform systems of accounts-telephone

Local exchange utilities subject to regulation by the board shall keep accounts consistent with generally accepted accounting principles (GAAP) or the accounting regulations adopted by the Federal Communications Commission. Each local exchange utility shall indicate in its annual report which method of accounting it has adopted and the location of the accounting records associated with Iowa operations.