Power & Utilities Update, Jan 2016 | Deloitte Switzerland | Energy and Resources | Perspectives has been added to your bookmarks.
Power & Utilities Accounting, Financial Reporting, and Tax Update
This annual publication provides an update on accounting, tax, and regulatory matters relevant to the power and utilities industry.
January 2016 update
The Power & Utilities Accounting, Financial Reporting, and Tax Update includes the latest information on accounting, tax, and regulatory matters, including SEC, FASB, and tax updates, and focuses on specialized industry accounting matters frequently seen by P&U companies, including rate-regulated entities. The annual update also includes a section on accounting and reporting matters specific to renewable energy.
New sections in the January 2016 edition include:
- The new leases standard, expected to be issued in early 2016
- Alternative revenue programs
- Asset retirement obligations
Additionally, to address potential challenges in accounting and reporting related to topics on which the FASB has recently issued proposed guidance or final standards that are not yet effective or available for adoption, we have included a section about Board proposals and have highlighted nuances that could affect our industry.