[Federal Register: April 2, 2007 (Volume 72, Number 62)]
[Notices]
[Page 15685]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr02ap07-59]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. RM95-4-000]
Revision to Uniform System Accounts, Form, Statements, and
Reporting Requirements for Natural Gas Companies; Notice of Correction
March 23, 2007.
AGENCY: Federal Energy Regulatory Commission.
ACTION: Notice of Correction to FERC Forms No. 2 and 2-A.
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SUMMARY: The Federal Energy Regulatory Commission is making corrections
to the General Information Instruction for its FERC Form 2-A. to bring
them back in accordance with requirements of its regulations and Order
No. 581. By this notice, the Commission is requiring the filing of a
CPA Certification Statement with the original and each copy of FERC
Form No. 2 and 2-A rather than allowing such filings 30 days after the
filing of the forms. The Commission is also allowing submittal in a
flexible format.
FOR FURTHER INFORMATION CONTACT: Jeffrey W. Honeycutt, Division of
Financial Regulation, Federal Energy Regulatory Commission, 888 First
Street, NE., Washington, DC 20246, (202) 502-6505.
SUPPLEMENTARY INFORMATION:
1. In Order No. 581, the Commission revised section 158.11 of the
Commission's regulations, Report of Certification,\1\ to require the
filing of the letter or report of the independent accountant's
certifying approval (CPA Certification Statement) with the original and
each copy of the FERC Form No. 2 or FERC Form No. 2-A rather than
allowing such filings within 30 days after filing the FERC Form Nos. 2
or 2-A. Additionally, the Commission changed General Information
Instruction III to replace the CPA Certification Statement with a
flexible format that enabled the respondent's independent accountant to
prepare its certification statement in accordance with current
standards of reporting and still attest as to the conformity of listed
schedules with the Commission's Uniform System of Accounts and the
Chief Accountant's published accounting releases.\2\
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\1\ 18 CFR Sec. 158.11 (2006).
\2\ Revisions to Uniform System of Accounts, Forms, Statements,
and Reporting Requirements for Natural Gas Companies, Order No. 581,
60 FR 53,019 (October 11, 1995), FERC Stats. & Regs. ] 31,026
(1995), order on reh'g, Order No. 581-A., 61 FR 8,860 (March 6,
1996), FERC Stats. & Regs. ] 31,032 (1996); see 18 CFR Sec. 158.10.
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2. Subsequent to implementing the revisions required by Order No.
581, in the conversion to the current electronic submission format,
eForms, the General Information Instruction concerning the CPA
Certification Statement requirements was inadvertently changed to allow
the certification to be submitted within 30 days after the filing of
the FERC Form Nos. 2 or 2-A, and to remove the flexible format.
3. Therefore, to bring the General Information Instruction back
into accord with the requirements of the Commission's regulations and
Order No. 581, General Information Instruction III to the FERC Form
Nos. 2 and 2-A is corrected as follows. The clause allowing for the CPA
Certification Statement to be submitted within 30 days after the filing
date of the FERC Form Nos. 2 or 2-A is deleted. The clause directing
the standardized format of the CPA Certification Statement is also
deleted, allowing the independent auditor to use a flexible format as
prescribed in Order No. 581. The corrected paragraph, prescribed in
Order No. 581, thus will read as follows:
For the CPA certification, submit with the original submission
of this form, a letter or report (not applicable to respondents
classified as Class C or Class D prior to January 1, 1984) prepared
in conformity with current standards of reporting which will: * * *
Finally, we will direct the Secretary to publish this notice in the
Federal Register
By direction of the Commission.
Philis J. Posey,
Acting Secretary.
[FR Doc. E7-5890 Filed 3-30-07; 8:45 am]
BILLING CODE 6717-01-P