199—16.1(476) Accounting—general information.
	16.1(1) Application of rules. These rules shall apply to any utility operating within the state of Iowa under the jurisdiction of the board pursuant to Iowa Code chapter 476, subject to the following conditions:
	a. 	A utility may request a waiver of any of the rules in this chapter by filing a request for waiver pursuant to 199—1.3(17A,474,476,78GA,HF2206).
	b. 	The adoption of these rules shall in no way preclude the board from altering or amending them, or from making such modifications with respect to their application as may be found necessary to meet exceptional conditions.
	c. 	These rules shall in no way relieve any utility from any of its duties under the laws of this state.
	16.1(2) Effect of rules. In prescribing uniform systems of accounts for public utilities, the board does not commit itself to the approval or acceptance of any item set out in any account for the purpose of fixing rates or in determining other matters before the board. The prescribed systems of accounts are designed to set out the facts in connection with all sources of funds including incomes and amounts due and receivable from each source, and the amount expended and due for each purpose distinguishing clearly all payments for operating expenses from those of new construction, extensions and additions to property; and to provide for balance sheets showing various assets and liabilities and various forms of proprietary interest under uniform classifications; and, therefrom, the board will determine, in connection with such matters as may be under advisement from time to time, what consideration shall be given to the various items in the several accounts.
	16.1(3) Implementation of rules. Rescinded IAB 6/25/03, effective 7/30/03.