Full Description

When the General Accounting Standards Boardissued Statement No. 34 in 1999, many utilitymanagers thought it meant big changes to theirwater rate-making principles and financial reportingrequirements. However, GASB 34 does not changethese principles. Although it puts forth new reportingstandards and definitions, AWWA Manual M1remains the preeminent guide for water utility ratemaking,regardless of the accounting rules presented byGASB 34. This article helps eliminate some of the confusionsurrounding GASB 34 and its relationship torate-making. Includes 4 references, figures.

Product Details

Edition: Vol. 96 - No. 1 Published: 01/01/2004 Number of Pages: 7File Size: 1 file , 640 KB