47 CFR 32.26

§ 32.26 Materiality.

United States · 47 CFR — Telecommunication · Status: effective

Cite this

Citation: 47 CFR 32.26, § 32.26 Materiality, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/235241
Permanent ID: ys:prov:235241@1
SHA-256: 7195d3f401d30467bbb0060f92480dfa89283451fed63582e221d2dd854c20c4

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Full text

(a) Except as provided in paragraph (b) of this section, companies may abide by the materiality standards of GAAP when implementing this system of accounts. (b) For companies that receive High-Cost Loop Support, or Connect America Fund Broadband Loop Support, materiality shall be determined consistent with the general materiality guidelines promulgated by the Auditing Standards Board.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.