U.S. Code of Federal Regulations

Regulations most recently checked for updates: Aug 27, 2025

§ 1773.40 - Regulatory assets.

The auditor's audit documentation shall support that the auditor tested whether all regulatory assets 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 support that all regulatory assets have received RUS approval.

[89 FR 88635, Nov. 8, 2024]