When the General Accounting Standards Board
issued Statement No. 34 in 1999, many utility
managers thought it meant big changes to their
water rate-making principles and financial reporting
requirements. However, GASB 34 does not change
these principles. Although it puts forth new reporting
standards and definitions, AWWA Manual M1
remains the preeminent guide for water utility ratemaking,
regardless of the accounting rules presented by
GASB 34. This article helps eliminate some of the confusion
surrounding GASB 34 and its relationship to
rate-making. Includes 4 references, figures.
| Edition : | Vol. 96 - No. 1 |
| File Size : | 1
file
, 640 KB |
| Note : | This product is unavailable in Ukraine, Russia, Belarus |
| Number of Pages : | 7 |
| Published : | 01/01/2004 |
