2005 Idaho Code - 61-524 — SYSTEM OF ACCOUNTS

                                  TITLE  61
                          PUBLIC UTILITY REGULATION
                                  CHAPTER 5
                             POWERS AND DUTIES OF
                         PUBLIC UTILITIES COMMISSION
    61-524.  SYSTEM OF ACCOUNTS. The commission shall have power to establish
a system of accounts to be kept by the public utilities subject to its
jurisdiction, or to classify said public utilities and to establish a system
of accounts for each class and to prescribe the manner in which such accounts
shall be kept: provided, that the system of accounts to be kept by railroad
corporations and common carriers shall conform to the rules and requirements
of the interstate commerce commission in all respects. It may also in its
discretion prescribe the forms of accounts, records and memoranda to be kept
by such public utilities, including the accounts, records and memoranda of the
movement of traffic as well as the receipts and expenditures of moneys, and
any other forms, records and memoranda which in the judgment of the commission
may be necessary to carry out any of the provisions of this act.
    The systems of accounts established by the commission and the forms of
accounts, records and memoranda prescribed by it shall not be inconsistent, in
the case of corporations subject to the provisions of the act of congress
entitled "An act to regulate commerce," approved February 4, 1887, and the
acts amendatory thereto, with the systems and forms from time to time
established for such corporations by the interstate commerce commission.
    Where the commission has prescribed the forms of accounts, records or
memoranda to be kept by any public utility not subject to the provisions of
the act of congress entitled "An act to regulate commerce," approved February
4, 1887, and the acts amendatory thereto, for any of its business, it shall
thereafter be unlawful for such public utility to keep any accounts, records
or memoranda for such business other than those so prescribed, or those
prescribed by or under the authority of any other state or of the United
States, excepting such accounts, records or memoranda as shall be explanatory
of and supplemental to the accounts, records or memoranda prescribed by the
commission.