7 CFR 1773.45 - Regulatory liabilities.

Regulations last checked for updates: Feb 07, 2026

Title 7 - Agriculture last revised: Jul 29, 2026

View all text of Subpart E [§ 1773.38 - § 1773.49]

§ 1773.45 - Regulatory liabilities.

The auditor's audit documentation shall support that all regulatory liabilities comply with the requirements of FASB Accounting Standards Codification (ASC) 980 or GASB Statement (GASBS) 62, as appropriate. For electric auditees only, the auditor's audit documentation shall document whether all regulatory liabilities have received RUS approval.

[89 FR 88635, Nov. 8, 2024]

authority: 7 U.S.C. 901

source: 83 FR 19907, May 7, 2018, unless otherwise noted.

cite as: 7 CFR 1773.45