Auditing power water and telecommunications industry
Are all p&u industry issues resolved in the AICPA Audit & Accounting Guide?
As of the date of this publication, all P&U industry issues addressed by the task force have been resolved and included in the AICPA Audit and Accounting Guide Revenue Recognition (the “AICPA Revenue Guide”)
Key Accounting Issues
How does the power and utilities industry affect the environment?
The power and utilities industry can have a significant impact on the environment
Decommissioning or environmental restoration work at the end of the useful life of a plant or other installation may be required by law, the terms of operating licences or an entity’s stated policy and past practice
What accounting issues are most significant for the utilities industry?
This publication examines the accounting issues that are most significant for the utilities industry
The issues are addressed following the utilities value chain: generation, transmission and distribution and issues that affect the entire entity
Generating assets are often large and complex installations
Nigerian state agency
The Lagos State Infrastructure Maintenance and Regulatory Agency (LASIMRA) is responsible for regulating utility infrastructure in Lagos state. The goal of the agency is to ensure that standards and effectiveness are maintained in infrastructural development. The agency is a parastatal established by the Lagos State government law NO 13 of July and published in the official gazette NO 23 volume 37 of 27th August, 2004, under the supervision of the Lagos State Ministry of Works and Infrastructure. LASIMRA was established by the then Governor Asiwaju Bola Ahmed Tinubu. The head office of the agency is located at 2 Yusuf Close, Off Bayo Ajayi Street Agidingbi, Ikeja,Lagos state.
Auditing power water and telecommunications industry
British energy company
Scottish Power is a vertically integrated energy company based in Glasgow, Scotland. It is a subsidiary of Spanish utility firm Iberdrola.
Telephone companies and internet service providers
The telecommunications industries within the sector of information and communication technology is made up of all telecommunications/telephone companies and internet service providers and plays a crucial role in the evolution of mobile communications and the information society.
Nigerian state agency
The Lagos State Infrastructure Maintenance and Regulatory Agency (LASIMRA) is responsible for regulating utility infrastructure in Lagos state. The goal of the agency is to ensure that standards and effectiveness are maintained in infrastructural development. The agency is a parastatal established by the Lagos State government law NO 13 of July and published in the official gazette NO 23 volume 37 of 27th August, 2004, under the supervision of the Lagos State Ministry of Works and Infrastructure. LASIMRA was established by the then Governor Asiwaju Bola Ahmed Tinubu. The head office of the agency is located at 2 Yusuf Close, Off Bayo Ajayi Street Agidingbi, Ikeja,Lagos state.
Scottish Power is a vertically integrated energy company
British energy company
Scottish Power is a vertically integrated energy company based in Glasgow, Scotland. It is a subsidiary of Spanish utility firm Iberdrola.
Telephone companies and internet service providers
The telecommunications industries within the sector of information and communication technology is made up of all telecommunications/telephone companies and internet service providers and plays a crucial role in the evolution of mobile communications and the information society.
