Definition of Uniform system of accounts

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TeachMeFinance.com - explain Uniform system of accounts



Uniform system of accounts

The term 'Uniform system of accounts' as it applies to the area of energy can be defined as ' Prescribed financial rules and regulations established by the Federal Energy Regulatory Commission for utilities subject to its jurisdiction under the authority granted by the Federal Power Act'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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