Table of Parts
Sec. 32.1 Background.
Sec. 32.2 Basis of the accounts.
Sec. 32.3 Authority.
Sec. 32.4 Communications Act.
Subpart B—General Instructions
Sec. 32.11 Classification of companies.
Sec. 32.12 Records.
Sec. 32.13 Accounts—general.
Sec. 32.14 Regulated accounts.
Sec. 32.15 [Reserved]
Sec. 32.16 Changes in accounting standards.
Sec. 32.17 Interpretation of accounts.
Sec. 32.18 Waivers.
Sec. 32.19 Address for reports and correspondence.
Sec. 32.20 Numbering convention.
Sec. 32.21 Sequence of accounts.
Sec. 32.22 Comprehensive interperiod tax allocation.
Sec. 32.23 Nonregulated activities.
Sec. 32.24 Compensated absences.
Sec. 32.25 Unusual items and contingent liabilities.
Sec. 32.26 Materiality.
Sec. 32.27 Transactions with affiliates.
Subpart C—Instructions for Balance Sheet Accounts
Sec. 32.101 Structure of the balance sheet accounts.
Sec. 32.102 Nonregulated investments.
Sec. 32.103 Balance sheet accounts for other than regulated-fixed assets to
Sec. 32.1120 Cash and equivalents.
Sec. 32.1170 Receivables.
Sec. 32.1171 Allowance for doubtful accounts.
Sec. 32.1191 Accounts receivable allowance—other.
Sec. 32.1220 Inventories.
Sec. 32.1280 Prepayments.
Sec. 32.1350 Other current assets.
Sec. 32.1406 Nonregulated investments.
Sec. 32.1410 Other noncurrent assets.
Sec. 32.1438 Deferred maintenance and retirements.
Sec. 32.1500 Other jurisdictional assets—net.
Sec. 32.2000 Instructions for telecommunications plant accounts.
Sec. 32.2001 Telecommunications plant in service.
Sec. 32.2002 Property held for future telecommunications use.
Sec. 32.2003 Telecommunications plant under construction.
Sec. 32.2005 Telecommunications plant adjustment.
Sec. 32.2006 Nonoperating plant.
Sec. 32.2007 Goodwill.
Sec. 32.2110 Land and support assets.
Sec. 32.2111 Land.
Sec. 32.2112 Motor vehicles.
Sec. 32.2113 Aircraft.
Sec. 32.2114 Tools and other work equipment.
Sec. 32.2121 Buildings.
Sec. 32.2122 Furniture.
Sec. 32.2123 Office equipment.
Sec. 32.2124 General purpose computers.
Sec. 32.2210 Central office—switching.
Sec. 32.2211 Non-digital switching.
Sec. 32.2212 Digital electronic switching.
Sec. 32.2220 Operator systems.
Sec. 32.2230 Central office—transmission.
Sec. 32.2231 Radio systems.
Sec. 32.2232 Circuit equipment.
Sec. 32.2310 Information origination/termination.
Sec. 32.2311 Station apparatus.
Sec. 32.2321 Customer premises wiring.
Sec. 32.2341 Large private branch exchanges.
Sec. 32.2351 Public telephone terminal equipment.
Sec. 32.2362 Other terminal equipment.
Sec. 32.2410 Cable and wire facilities.
Sec. 32.2411 Poles.
Sec. 32.2421 Aerial cable.
Sec. 32.2422 Underground cable.
Sec. 32.2423 Buried cable.
Sec. 32.2424 Submarine & deep sea cable.
Sec. 32.2426 Intrabuilding network cable.
Sec. 32.2431 Aerial wire.
Sec. 32.2441 Conduit systems.
Sec. 32.2680 Amortizable tangible assets.
Sec. 32.2681 Capital leases.
Sec. 32.2682 Leasehold improvements.
Sec. 32.2690 Intangibles.
Sec. 32.3000 Instructions for balance sheet accounts—Depreciation and
Sec. 32.3100 Accumulated depreciation.
Sec. 32.3200 Accumulated depreciation—held for future telecommunications use.
Sec. 32.3300 Accumulated depreciation—nonoperating.
Sec. 32.3400 Accumulated amortization—tangible.
Sec. 32.3410 Accumulated amortization—capitalized leases.
Sec. 32.3999 Instructions for balance sheet accounts—liabilities and
Sec. 32.4000 Current accounts and notes payable.
Sec. 32.4040 Customers' deposits.
Sec. 32.4070 Income taxes—accrued.
Sec. 32.4080 Other taxes—accrued.
Sec. 32.4100 Net current deferred operating income taxes.
Sec. 32.4110 Net current deferred nonoperating income taxes.
Sec. 32.4130 Other current liabilities.
Sec. 32.4200 Long term debt and funded debt.
Sec. 32.4300 Other long-term liabilities and deferred credits.
Sec. 32.4320 Unamortized operating investment tax credits—net.
Sec. 32.4330 Unamortized nonoperating investment tax credits—net.
Sec. 32.4340 Net noncurrent deferred operating income taxes.
Sec. 32.4341 Net deferred tax liability adjustments.
Sec. 32.4350 Net noncurrent deferred nonoperating income taxes.
Sec. 32.4361 Deferred tax regulatory adjustments—net.
Sec. 32.4370 Other jurisdictional liabilities and deferred credits—net.
Sec. 32.4510 Capital stock.
Sec. 32.4520 Additional paid-in capital.
Sec. 32.4530 Treasury stock.
Sec. 32.4540 Other capital.
Sec. 32.4550 Retained earnings.
Subpart D—Instructions For Revenue Accounts
Sec. 32.4999 General.
Sec. 32.5000 Basic local service revenue.
Sec. 32.5001 Basic area revenue.
Sec. 32.5002 Optional extended area revenue.
Sec. 32.5003 Cellular mobile revenue.
Sec. 32.5040 Private line revenue.
Sec. 32.5060 Other basic area revenue.
Sec. 32.5081 End user revenue.
Sec. 32.5082 Switched access revenue.
Sec. 32.5083 Special access revenue.
Sec. 32.5100 Long distance message revenue.
Sec. 32.5200 Miscellaneous revenue.
Sec. 32.5230 Directory revenue.
Sec. 32.5280 Nonregulated operating revenue.
Sec. 32.5300 Uncollectible revenue.
Subpart E—Instructions for Expense Accounts
Sec. 32.5999 General.
Sec. 32.6110 Network support expenses.
Sec. 32.6112 Motor vehicle expense.
Sec. 32.6113 Aircraft expense.
Sec. 32.6114 Tools and other work equipment expense.
Sec. 32.6120 General support expenses.
Sec. 32.6121 Land and building expense.
Sec. 32.6122 Furniture and artworks expense.
Sec. 32.6123 Office equipment expense.
Sec. 32.6124 General purpose computers expense.
Sec. 32.6210 Central office switching expenses.
Sec. 32.6211 Non-digital switching expense.
Sec. 32.6212 Digital electronic switching expense.
Sec. 32.6220 Operator systems expense.
Sec. 32.6230 Central office transmission expense.
Sec. 32.6231 Radio systems expense.
Sec. 32.6232 Circuit equipment expense.
Sec. 32.6310 Information origination/termination expenses.
Sec. 32.6311 Station apparatus expense.
Sec. 32.6341 Large private branch exchange expense.
Sec. 32.6351 Public telephone terminal equipment expense.
Sec. 32.6362 Other terminal equipment expense.
Sec. 32.6410 Cable and wire facilities expenses.
Sec. 32.6411 Poles expense.
Sec. 32.6421 Aerial cable expense.
Sec. 32.6422 Underground cable expense.
Sec. 32.6423 Buried cable expense.
Sec. 32.6424 Submarine and deep sea cable expense.
Sec. 32.6426 Intrabuilding network cable expense.
Sec. 32.6431 Aerial wire expense.
Sec. 32.6441 Conduit systems expense.
Sec. 32.6510 Other property, plant and equipment expenses.
Sec. 32.6511 Property held for future telecommunications use expense.
Sec. 32.6512 Provisioning expense.
Sec. 32.6530 Network operations expense.
Sec. 32.6531 Power expense.
Sec. 32.6532 Network administration expense.
Sec. 32.6533 Testing expense.
Sec. 32.6534 Plant operations administration expense.
Sec. 32.6535 Engineering expense.
Sec. 32.6540 Access expense.
Sec. 32.6560 Depreciation and amortization expenses.
Sec. 32.6561 Depreciation expense—telecommunications plant in service.
Sec. 32.6562 Depreciation expense—property held for future telecommunications
Sec. 32.6563 Amortization expense—tangible.
Sec. 32.6564 Amortization expense—intangible.
Sec. 32.6565 Amortization expense—other.
Sec. 32.6610 Marketing.
Sec. 32.6611 Product management and sales.
Sec. 32.6613 Product advertising.
Sec. 32.6620 Services.
Sec. 32.6621 Call completion services.
Sec. 32.6622 Number services.
Sec. 32.6623 Customer services.
Sec. 32.6720 General and administrative.
Sec. 32.6790 Provision for uncollectible notes receivable.
Subpart F—Instructions For Other Income Accounts
Sec. 32.6999 General.
Sec. 32.7100 Other operating income and expenses.
Sec. 32.7199 Content of accounts.
Sec. 32.7200 Operating taxes.
Sec. 32.7210 Operating investment tax credits—net.
Sec. 32.7220 Operating Federal income taxes.
Sec. 32.7230 Operating state and local income taxes.
Sec. 32.7240 Operating other taxes.
Sec. 32.7250 Provision for deferred operating income taxes—net.
Sec. 32.7300 Nonoperating income and expense.
Sec. 32.7400 Nonoperating taxes.
Sec. 32.7500 Interest and related items.
Sec. 32.7600 Extraordinary items.
Sec. 32.7899 Content of accounts.
Sec. 32.7910 Income effect of jurisdictional ratemaking differences—net.
Sec. 32.7990 Nonregulated net income.
Sec. 32.9000 Glossary of terms.
Authority: 47 U.S.C. 154(i), 154(j) and 220 as amended, unless otherwise
Source: 51 FR 43499, Dec. 2, 1986, unless otherwise noted.