[Code of Federal Regulations]
[Title 47, Volume 2, Parts 20 to 39]
[Revised as of October 1, 1997]
From the U.S. Government Printing Office via GPO Access
[CITE: 47CFR32]

[Page 405-479]
 
                       TITLE 47--TELECOMMUNICATION
 
      CHAPTER I--FEDERAL COMMUNICATIONS COMMISSION (Continued)
 
PART 32--UNIFORM SYSTEM OF ACCOUNTS FOR TELECOMMUNICATIONS COMPANIES

                           Subpart A--Preface

Sec.
32.1  Background.
32.2  Basis of the accounts.
32.3  Authority.
32.4  Communications Act.

                     Subpart B--General Instructions

32.11  Classification of companies.
32.12  Records.
32.13  Accounts--general.
32.14  Regulated accounts.
32.15  [Reserved]
32.16  Changes in accounting standards.
32.17  Interpretation of accounts.
32.18  Waivers.
32.19  Address for reports and correspondence.
32.20  Numbering convention.
32.21  Sequence of accounts.
32.22  Comprehensive interperiod tax allocation.
32.23  Nonregulated activities.
32.24  Compensated absences.
32.25  Unusual items and contingent liabilities.
32.26  Materiality.
32.27  Transactions with affiliates.

           Subpart C--Instructions for Balance Sheet Accounts

32.101  Structure of the balance sheet accounts.
32.102  Nonregulated investments.
32.103  Balance sheet accounts for other than regulated-fixed assets to 
          be maintained.
32.1120  Cash and equivalents.
32.1130  Cash.
32.1140  Special cash deposits.
32.1150  Working cash advances.
32.1160  Temporary investments.
32.1180  Telecommunications accounts receivable.
32.1181  Accounts receivable allowance--telecommunications.
32.1190  Other accounts receivable.
32.1191  Accounts receivable allowance--other.
32.1200  Notes receivable.
32.1201  Notes receivable allowance.
32.1210  Interest and dividends receivable.
32.1220  Inventories.
32.1280  Prepayments.
32.1290  Prepaid rents.
32.1300  Prepaid taxes.
32.1310  Prepaid insurance.
32.1320  Prepaid directory expenses.
32.1330  Other prepayments.
32.1350  Other current assets.
32.1401  Investments in affiliated companies.
32.1402  Investments in nonaffiliated companies.
32.1406  Nonregulated investments.
32.1407  Unamortized debt issuance expense.
32.1408  Sinking funds.
32.1410  Other noncurrent assets.
32.1437  Deferred tax regulatory asset.
32.1438  Deferred maintenance and retirements.
32.1439  Deferred charges.
32.1500  Other jurisdictional assets--net.
32.2000  Instructions for telecommunications plant accounts.
32.2001  Telecommunications plant in service.
32.2002  Property held for future telecommunications use.
32.2003  Telecommunications plant under construction.
32.2005  Telecommunications plant adjustment.
32.2006  Nonoperating plant.
32.2007  Goodwill.
32.2110  Land and support assets.
32.2111  Land.
32.2112  Motor vehicles.
32.2113  Aircraft.
32.2114  Special purpose vehicles.

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32.2115  Garage work equipment.
32.2116  Other work equipment.
32.2121  Buildings.
32.2122  Furniture.
32.2123  Office equipment.
32.2124  General purpose computers.
32.2210  Central office--switching.
32.2211  Analog electronic switching.
32.2212  Digital electronic switching.
32.2215  Electro-mechanical switching.
32.2220  Operator systems.
32.2230  Central office--transmission.
32.2231  Radio systems.
32.2232  Circuit equipment.
32.2310  Information origination/termination.
32.2311  Station apparatus.
32.2321  Customer premises wiring.
32.2341  Large private branch exchanges.
32.2351  Public telephone terminal equipment.
32.2362  Other terminal equipment.
32.2410  Cable and wire facilities.
32.2411  Poles.
32.2421  Aerial cable.
32.2422  Underground cable.
32.2423  Buried cable.
32.2424  Submarine cable.
32.2425  Deep sea cable.
32.2426  Intrabuilding network cable.
32.2431  Aerial wire.
32.2441  Conduit systems.
32.2680  Amortizable tangible assets.
32.2681  Capital leases.
32.2682  Leasehold improvements.
32.2690  Intangibles.
32.3000  Instructions for balance sheet accounts--depreciation and 
          amortization.
32.3100  Accumulated depreciation.
32.3200  Accumulated depreciation--held for future telecommunications 
          use.
32.3300  Accumulated depreciation--nonoperating.
32.3400  Accumulated amortization--tangible.
32.3410  Accumulated amortization--capitalized leases.
32.3420  Accumulated amortization--leasehold improvements.
32.3500  Accumulated amortization--intangible.
32.3600  Accumulated amortization--other.
32.4000  Instructions for balance sheet accounts--liabilities and 
          stockholders' equity.
32.4010  Account payable.
32.4020  Notes payable.
32.4030  Advance billing and payments.
32.4040  Customers' deposits.
32.4050  Current maturities--long-term debt.
32.4060  Current maturities--capital leases.
32.4070  Income taxes--accrued.
32.4080  Other taxes--accrued.
32.4100  Net current deferred operating income taxes.
32.4110  Net current deferred nonoperating income taxes.
32.4120  Other accrued liabilities.
32.4130  Other current liabilities.
32.4210  Funded debt.
32.4220  Premium on long-term debt.
32.4230  Discount on long-term debt.
32.4240  Reacquired debt.
32.4250  Obligations under capital leases.
32.4260  Advances from affiliated companies.
32.4270  Other long-term debt.
32.4310  Other long-term liabilities.
32.4320  Unamortized operating investment tax credits--net.
32.4330  Unamortized nonoperating investment tax credits--net.
32.4340  Net noncurrent deferred operating income taxes.
32.4341  Net deferred tax liability adjustments.
32.4350  Net noncurrent deferred nonoperating income taxes.
32.4360  Other deferred credits.
32.4361  Deferred tax regulatory liability.
32.4370  Other jurisdictional liabilities and deferred credits--net.
32.4510  Capital stock.
32.4520  Additional paid-in capital.
32.4530  Treasury stock.
32.4540  Other capital.
32.4550  Retained earnings.

              Subpart D--Instructions for Revenue Accounts

32.4999  General.
32.5000  Basic local service revenue.
32.5001  Basic area revenue.
32.5002  Optional extended area revenue.
32.5003  Cellular mobile revenue.
32.5004  Other mobile services revenue.
32.5010  Public telephone revenue.
32.5040  Local private line revenue.
32.5050  Customer premises revenue.
32.5060  Other local exchange revenue.
32.5069  Other local exchange revenue settlements.
32.5080  Network access revenue.
32.5081  End user revenue.
32.5082  Switched access revenue.
32.5083  Special access revenue.
32.5084  State access revenue.
32.5100  Long distance message revenue.
32.5110  Unidirectional long distance revenue.
32.5111  Long distance inward-only revenue.
32.5112  Long distance outward-only revenue.
32.5120  Long distance private network revenue.
32.5121  Subvoice grade long distance private network revenue.
32.5122  Voice grade long distance private network revenue.
32.5123  Audio program grade long distance private network revenue.
32.5124  Video program grade long distance private network revenue.
32.5125  Digital transmission long distance private network revenue.

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32.5126  Long distance private network switching revenue.
32.5128  Other long distance private network revenue.
32.5129  Other long distance private network revenue settlements.
32.5160  Other long distance revenue.
32.5169  Other long distance revenue settlements.
32.5200  Miscellaneous revenue.
32.5230  Directory revenue.
32.5240  Rent revenue.
32.5250  Corporate operations revenue.
32.5260  Miscellaneous revenue.
32.5261  Special billing arrangements revenue.
32.5262  Customer operations revenue.
32.5263  Plant operations revenue.
32.5264  Other incidental regulated revenue.
32.5269  Other revenue settlements.
32.5270  Carrier billing and collection revenue.
32.5280  Nonregulated operating revenue.
32.5300  Uncollectible revenue.
32.5301  Uncollectible revenue--telecommunications.
32.5302  Uncollectible revenue--other.

              Subpart E--Instructions for Expense Accounts

32.5999  General.
32.6110  Network support expenses.
32.6112  Motor vehicle expense.
32.6113  Aircraft expense.
32.6114  Special purpose vehicles expense.
32.6115  Garage work equipment expense.
32.6116  Other work equipment expense.
32.6120  General support expenses.
32.6121  Land and building expense.
32.6122  Furniture and artworks expense.
32.6123  Office equipment expense.
32.6124  General purpose computers expense.
32.6210  Central office switching expenses.
32.6211  Analog electronic expense.
32.6212  Digital electronic expense.
32.6215  Electro-mechanical expense.
32.6220  Operator systems expense.
32.6230  Central office transmission expense.
32.6231  Radio systems expense.
32.6232  Circuit equipment expense.
32.6310  Information origination/termination expenses.
32.6311  Station apparatus expense.
32.6341  Large private branch exchange expense.
32.6351  Public telephone terminal equipment expense.
32.6362  Other terminal equipment expense.
32.6410  Cable and wire facilities expenses.
32.6411  Poles expense.
32.6421  Aerial cable expense.
32.6422  Underground cable expense.
32.6423  Buried cable expense.
32.6424  Submarine cable expense.
32.6425  Deep sea cable expense.
32.6426  Intrabuilding network cable expense.
32.6431  Aerial wire expense.
32.6441  Conduit systems expense.
32.6510  Other property, plant and equipment expenses.
32.6511  Property held for future telecommunications use expense.
32.6512  Provisioning expense.
32.6530  Network operations expenses.
32.6531  Power expense.
32.6532  Network administration expense.
32.6533  Testing expense.
32.6534  Plant operations administration expense.
32.6535  Engineering expense.
32.6540  Access expense.
32.6560  Depreciation and amortization expenses.
32.6561  Depreciation expense--telecommunications plant in service.
32.6562  Depreciation expense--property held for future 
          telecommunications.
32.6563  Amortization expense--tangible.
32.6564  Amortization expense--intangible.
32.6565  Amortization expense--other.
32.6610  Marketing.
32.6611  Product management.
32.6612  Sales.
32.6613  Product advertising.
32.6620  Services.
32.6621  Call completion services.
32.6622  Number services.
32.6623  Customer services.
32.6710  Executive and planning.
32.6711  Executive.
32.6712  Planning.
32.6720  General and administrative.
32.6721  Accounting and finance.
32.6722  External relations.
32.6723  Human resources.
32.6724  Information management.
32.6725  Legal.
32.6726  Procurement.
32.6727  Research and development.
32.6728  Other general and administrative.
32.6790  Provision for uncollectible notes receivable.

            Subpart F--Instructions for Other Income Accounts

32.6999  General.
32.7099  Content of accounts.
32.7100  Other operating income and expenses.
32.7110  Income from custom work.
32.7130  Return from nonregulated use of regulated facilities.
32.7140  Gains and losses from foreign exchange.
32.7150  Gains and losses from disposition of land and artworks.
32.7160  Other operating gains and losses.
32.7199  Content of accounts.
32.7200  Operating taxes.
32.7210  Operating investment tax credits--net.
32.7220  Operating Federal income taxes.

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32.7230  Operating state and local income taxes.
32.7240  Operating other taxes.
32.7250  Provision for deferred operating income taxes--net.
32.7299  Content of accounts.
32.7300  Nonoperating income and expense.
32.7310  Dividend income.
32.7320  Interest income.
32.7330  Income from sinking and other funds.
32.7340  Allowance for funds used during construction.
32.7350  Gains or losses from the disposition of certain property.
32.7360  Other nonoperating income.
32.7370  Special charges.
32.7399  Content of accounts.
32.7400  Nonoperating taxes.
32.7410  Nonoperating investment tax credits--net.
32.7420  Nonoperating Federal income taxes.
32.7430  Nonoperating state and local income taxes.
32.7440  Nonoperating other taxes.
32.7450  Provision for deferred nonoperating income taxes--net.
32.7499  Content of accounts.
32.7500  Interest and related items.
32.7510  Interest on funded debt.
32.7520  Interest expense--capital leases.
32.7530  Amortization of debt issuance expense.
32.7540  Other interest deductions.
32.7599  Content of accounts.
32.7600  Extraordinary items.
32.7610  Extraordinary income credits.
32.7620  Extraordinary income charges.
32.7630  Current income tax effect of extraordinary items--net.
32.7640  Provision for deferred income tax effect of extraordinary 
          items--net.
32.7899  Content of accounts.
32.7910  Income effect of jurisdictional ratemaking differences--net.
32.7990  Nonregulated net income.

                           Subpart G--Glossary

32.9000  Glossary of terms.

    Authority:  47 U.S.C. 154(i), 154(j) and 220 as amended, unless 
otherwise noted..

    Source:  51 FR 43499, Dec. 2, 1986, unless otherwise noted.

                           Subpart A--Preface