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What is 18 cfr part 101?
18 CFR Part 101 refers to the Uniform System of Accounts prescribed for public utilities and licensees by the Federal Energy Regulatory Commission (FERC). It establishes accounting standards to ensure accurate financial reporting.
Who is required to file 18 cfr part 101?
Entities that are public utilities and licensees, as defined by the FERC, are required to file under 18 CFR Part 101.
How to fill out 18 cfr part 101?
To fill out 18 CFR Part 101, entities must follow the guidelines set out in the regulation, utilizing the prescribed forms and providing detailed financial statements and account information as specified.
What is the purpose of 18 cfr part 101?
The purpose of 18 CFR Part 101 is to establish a standardized accounting system for reporting financial data, which assists in regulatory oversight and promotes transparency in the operations of public utilities.
What information must be reported on 18 cfr part 101?
Filing entities must report financial accounting information, including balance sheets, income statements, and details regarding their assets, liabilities, revenues, and expenses.
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