The Cost Standard for Public Utility Rate Levels

1939 ◽  
Vol 5 (3) ◽  
pp. 275
Author(s):  
Truman C. Bigham
Keyword(s):  
Public Utility ◽  
Utility Rate ◽  
The Cost

OBJECTIVES OF FINANCIAL REPORTING, ABORIGINAL COST, AND POOLING OF INTERESTS ACCOUNTING

2012 ◽  
Vol 39 (2) ◽  
pp. 45-80 ◽  
Author(s):  
Hugo Nurnberg
Keyword(s):  
Public Policy ◽  
Financial Reporting ◽  
Information Needs ◽  
Public Utility ◽  
Financial Reports ◽  
Policy Makers ◽  
Business Combinations ◽  
Decision Usefulness ◽  
Rate Base ◽  
Utility Rate

ABSTRACT Through the years, pooling of interest accounting was criticized as contrary to the decision usefulness objective of financial reporting and potentially misleading to stockholders and creditors, the assumed principal users of financial reports. This paper does not dispute those criticisms. It demonstrates, however, that there were some very good reasons for permitting pooling accounting for certain business combinations when the method was developed in the 1940s. At that time, the basic objectives of financial accounting encompassed stewardship and decision usefulness for multiple users, including public utility regulators and public policy makers. Pooling accounting developed in part to satisfy the information needs of public utility regulators who favored aboriginal (original historical) cost to determine the utility rate base; additionally, it was favored by public policy makers who sought lower utility rates (prices) to foster social and economic goals.

ON THE USE OF THE CAPM IN PUBLIC UTILITY RATE CASES

1977 ◽  
Vol 12 (3) ◽  
pp. 113-113
Author(s):  
Eugene F. Brigham ◽  
Roy L. Crum
Keyword(s):  
Public Utility ◽  
Utility Rate

The Cost of Capital to a Public Utility.

1975 ◽  
Vol 30 (1) ◽  
pp. 238
Author(s):  
J. Daniel Williams ◽  
Myron J. Gordon
Keyword(s):  
Cost Of Capital ◽  
Public Utility ◽  
The Cost

Public Utility Rate Making in Depression

1937 ◽  
Vol 52 (1) ◽  
pp. 113
Author(s):  
E. M. Bernstein
Keyword(s):  
Public Utility ◽  
Utility Rate
Sign in / Sign up

Export Citation Format

Share Document