FERC and RUS Accounting for Electric Construction

Electric Impairment Accounting Using ASC 360 and GASB 42

As the power supply base of the electric industry moves to more renewables, you might find some of your traditional supply assets are not economical. These uneconomical assets might be impaired for accounting purposes. How do you determine the amount of an impairment, and more importantly, determine how to recover an impairment loss in electric rates? We show you how.

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