[Federal Register Volume 68, Number 125 (Monday, June 30, 2003)]
[Rules and Regulations]
[Pages 38641-38642]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-16323]


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FEDERAL COMMUNICATIONS COMMISSION

47 CFR Part 32

[WC Docket No. 02-269; CC Docket No. 00-199; CC Docket No. 80-286; CC 
Docket No. 99-301; FCC 03-141]


Federal-State Joint Conference on Accounting Issues

AGENCY: Federal Communications Commission.

ACTION: Final rule; delay of effective date.

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SUMMARY: This document further delays the effective date and the 
implementation of four previously adopted accounting and reporting rule 
changes from July 1, 2003, until January 1, 2004. The Commission 
extends the delay in order to avoid undue burdens associated with 
implementation of mid-year accounting and reporting requirement changes 
and to allow the Federal-State Joint Conference on Accounting Issues 
more time to formulate its recommendations to the Commission.

DATES: The effective date for amendments to 47 CFR 32.5200, 32.6562 and 
32.6620 published at 67 FR 5670 (February 6, 2002) is further delayed 
until January 1, 2004.

FOR FURTHER INFORMATION CONTACT: Jane E. Jackson, Associate Chief, 
Wireline Competition Bureau, (202) 418-1500.

SUPPLEMENTARY INFORMATION: This is a summary of the Commission's Order 
adopted June 20, 2003, and released on June 24, 2003. The full text of 
the document is available for public inspection and copying during 
regular business hours at the FCC Reference Information Center, Portals 
II, 445 12th Street, SW., Room CY-A257, Washington, DC 20554. This 
document may also be purchased from the Commission's duplicating 
contractor, Qualex International, Portals II 445 12th Street, SW., Room 
CY-B402, Washington, DC 20554, telephone (202) 863-2893, facsimile 
(202) 863-2898, or via e-mail [email protected].

Synopsis of Order

    On November 12, 2002, the Commission released an order, 67 FR 77432 
(December 18, 2002) further deferring until July 1, 2003, the effective 
date and implementation of four accounting and reporting requirement 
rule modifications previously adopted by the Commission as part of its 
biennial review of accounting requirements and Automated Reporting 
Management System (ARMIS) reporting

[[Page 38642]]

requirements, Report and Order, 67 FR 5670 (February 6, 2002), delayed 
at 67 FR 20052 (April 24, 2003). The Commission deferred the 
implementation of these four accounting and reporting requirement rule 
modifications in order to allow the Federal-State Joint Conference on 
Accounting Issues time to consider these and other accounting issues in 
formulating their recommendations to the Commission. These accounting 
and reporting rule changes are as follows: (1) The consolidation of 
Accounts 6621 through 6623 into Account 6620, with subaccounts for 
wholesale and retail; (2) the consolidation of Account 5230, Directory 
revenue, into Account 5200, Miscellaneous revenue; (3) the 
consolidation of the depreciation and amortization expense accounts 
(Accounts 6561 through 6565) into Account 6562, Depreciation and 
amortization expenses; and (4) the revised ``Loop Sheath Kilometers'' 
data collection in Table II of ARMIS Report 43-07.
    The Commission extends from July 1, 2003 to January 1, 2004, the 
current suspension of the implementation of these four accounting and 
reporting requirement rule modifications. The Commission extends the 
suspension in order to avoid undue burdens associated with 
implementation of mid-year accounting and reporting requirement changes 
on the affected carriers, the Commission, and state regulatory 
commissions and to allow the Federal-State Joint Conference on 
Accounting Issues more time to formulate its recommendations to the 
Commission.

List of Subjects in 47 CFR Part 32

    Communications common carriers. Uniform System of Accounts.

Federal Communications Commission.
Marlene H. Dortch,
Secretary.
[FR Doc. 03-16323 Filed 6-27-03; 8:45 am]
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