Iowa Admin. Code r. 761-800.3

Current through Register Vol. 47, No. 13, December 25, 2024

Rule 761-800.3 - Accounts

All railroads operating in Iowa, except those whose accounts are regulated by the Surface Transportation Board, shall maintain accounts using the generally accepted accounting principles of the financial standards accounting board. The accrual method of accounting shall be used.

This rule is intended to implement Iowa Code section 327C.42.