⚡Updates to RUS Electric Borrowers' Accounting Requirements
The Rural Utilities Service (RUS or the Agency), an agency of the Rural Development (RD) mission area within the U.S. Department of Agriculture (USDA), is issuing a final rule with comment to update the accounting requirements for RUS Electric Program borrowers. These changes include adding new accounts to the Uniform System of Accounts (USoA), deleting obsolete accounts and clarifying instructions and definitions for the new and some existing accounts. In addition, new accounts and general instructions are being added for partially extinguished or forgiven debt.
Learn More⚡Combined Notice of Filings from FERC on Accounting Requests
The Department of Energy, through the Federal Energy Regulatory Commission, announces a Combined Notice of Filings related to accounting requests, particularly involving asset abandonment by Equitrans, L.P. This notice invites public engagement and outlines procedures for protests and interventions, emphasizing the importance of compliance with regulatory requirements.
Learn More📃Notice of Filings from Federal Energy Regulatory Commission
The Federal Energy Regulatory Commission has issued a Combined Notice of Filings, highlighting a request from Double E Pipeline, LLC to amend its accounting entries related to depreciation rates. The notice outlines specific dates for public comments and procedures for filing interventions or protests, ensuring stakeholders have a voice in regulatory processes.
Learn More📄Removal of Obsolete Regulations on Federal Grants and Contracts
This DFR removes obsolete grant and contract regulations in the Department of Labor's regulations. These grant and contract regulations were superseded by the Office of Management and Budget's (OMB's) Guidance for Grants and Agreements, codified in the Code of Federal Regulations, which the Department of Labor adopted and gave regulatory effect to in 2014.
Learn More⚡Combined Notice of Filings by the Federal Energy Regulatory Commission
This document from the Department of Energy outlines recent filings by various utility companies concerning accounting and compliance related to transmission facility transfers, corporate filings, and electric rates. It emphasizes the importance of regulatory procedures for utility companies involved in significant asset transactions, offering details on comment dates and relevant processes for public participation.
Learn More⚡Insights on Energy Sector Filings and Business Implications
The Department of Energy and the Federal Energy Regulatory Commission released a combined notice regarding multiple filings, including accounting requests, corporate transactions, and rate proposals. These notifications highlight significant transactions and regulatory approvals within the electric utility landscape, emphasizing the need for compliance and participation before specific comment dates.
Learn More📈Combined Notice of Filings for Energy Company Acquisitions
The Federal Energy Regulatory Commission has published a notice regarding multiple accounting requests for proposed journal entries related to the acquisitions of energy companies by DTM Interstate Transportation, LLC. Business owners and executives are encouraged to review these filings and engage in the comment process if applicable.
Learn More📉Treasury Direct Final Rule on Eliminating Unnecessary Regulations
Pursuant to an Executive order, the Department of the Treasury (Treasury) is conducting a review of existing regulations, with the goal of reducing regulatory burden by revoking or revising existing regulations that meet the criteria set forth in the Executive order. In support of that objective, this direct final rule streamlines titles 12 and 31 of the Code of Federal Regulations (CFR) by removing regulations that are no longer necessary or no longer have any current or future applicability.
Learn More🛢️Combined Notice of Filings from the Department of Energy
The Department of Energy's Federal Energy Regulatory Commission issues a Combined Notice of Filings, detailing recent requests for approval from LA Storage, LLC, and Gillis Hub Pipeline, LLC. The notice outlines important dates, filing requirements, and the process for public engagement in the regulatory proceedings, emphasizing participation in the Commission's processes.
Learn More📊SEC Rescinds Guidance on Crypto-Assets - SAB 122 Insights
This staff accounting bulletin ("SAB") rescinds the interpretive guidance included in Section FF of Topic 5 in the Staff Accounting Bulletin Series entitled Accounting for Obligations to Safeguard Crypto-Assets an Entity Holds for its Platform Users ("Topic 5.FF").
Learn More