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PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA ENERGY DIVISIONAgenda ID: 17875 RESOLUTION E5022 December 5, 2019, R E S O L U T I ON Draft Resolution E5022. Modifies and approves AL 3992E
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01
Gather all the necessary information related to subsequent events in the California energy crisis.
02
Start by providing a detailed background of the energy crisis and its causes.
03
Discuss the key events and milestones that occurred during the crisis.
04
Explain the impact of these events on California's energy system, economy, and residents.
05
Analyze the response and actions taken by the government, regulatory bodies, and energy companies.
06
Present any legal or policy changes that were implemented as a result of the crisis.
07
Conclude by discussing the current state of California's energy system and any lessons learned from the crisis.

Who needs subsequent events-californias energy crisis?

01
Researchers and scholars studying energy crises and their impact on the economy.
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Government officials and policymakers involved in energy planning and regulation.
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Energy companies and industry professionals looking to understand the factors contributing to the crisis.
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Residents of California who want to gain insights into the events that led to the energy crisis.
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Subsequent events refer to significant occurrences that happen after the reporting period but before the financial statements are issued. In the context of California's energy crisis, this may involve updates or changes in policies, regulations, or financial conditions that affect energy providers or utilities.
Entities such as public utilities, energy providers, and companies impacted by California's energy crisis that are required to prepare financial statements typically need to file disclosures regarding subsequent events.
Filling out subsequent events involves identifying events that have occurred after the balance sheet date, evaluating their financial impact, and providing detailed disclosures in the financial statements about these events.
The purpose is to ensure that all relevant and significant information that could affect the understanding of the financial position and performance of the entity is disclosed, giving stakeholders an accurate picture of the entity's circumstances.
Entities must report details about the nature of the event, the date it occurred, and the potential financial impacts it may have on the financial statements, along with any regulatory or operational implications.
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