02 — Capability · BC-1580.70
Regulatory Accounting & Reporting
Keep the books the way the regulator requires, turn completed work into the plant records it recognizes, and file the regulated financial reports that rate cases and price controls rely on.
- Utility Plant Accounting
- Uniform System of Accounts
- Regulatory Reporting Pack
In scope
- The regulated chart of accounts and plant records
- Capitalizing construction costs, overheads and carrying costs
- Annual regulated financial filings
Out of scope
- Fixed asset register and depreciation for financial statements (see BC-210, BC-210.20)
- Building the revenue requirement for a rate case (see BC-1580.10.10)
- Regulator relationships and other regulatory reporting (see BC-140.50)
Realized by · 0
- No product in the catalog yet.
Used in · 2
Build it · 0
- Nothing in the library points here yet.
Decomposes into · 3
- BC-1580.70.10Utility Plant RecordsUnitize completed work into the property units and accounts the regulator recognizes, and record retirements, so plant balances support the rate base.
- BC-1580.70.20Construction Cost CapitalizationApply overheads and the allowed carrying cost of funds to construction work in progress, and move it to plant when it goes into service.
- BC-1580.70.30Regulatory Financial FilingsPrepare and file the annual regulated financial reports, such as FERC Form 1 or regulatory accounts, and reconcile them with the statutory accounts.