Rural Associations File Comments on Part 32 Accounting Rules

Today, NECA, WTA, NTCA and ERTA filed comments on response to the FCC’s Further Notice of Proposed Rulemaking reviewing the Part 32 Uniform System of Accounts. As stated in the comments, the rural associations support “reducing administrative burdens whenever possible and thus have no objection to the Commission’s proposal to consolidate Class A and B accounting systems, or to more fully align the USOA with GAAP, for price cap carriers…however, full adoption of GAAP for RLECs at the current time may result in unpredictable changes in RLECs’ rates and USF high cost mechanisms.”