Alaska Statutes.
Title 42. Public Utilities and Carriers
Chapter 5. Alaska Public Utilities Regulatory Act
Section 451. System of Accounts and Reports.
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AS 42.05.451. System of Accounts and Reports.

(a) The commission may classify the public utilities under its jurisdiction and prescribe a uniform system of accounts for each class and the manner in which the accounts and supporting records shall be kept.

(b) A public utility shall maintain its accounts on a calendar year basis unless specifically authorized by the commission to maintain its accounts on a fiscal year basis. Within 90 days after the close of its authorized annual accounting period, or additional time granted upon a showing of good cause, a public utility shall file with the commission a verified annual report of its operations during the period reported, on forms prescribed by the commission.

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Last modified 9/3/2005