{"data":{"id":"us/47-cfr-32.26","jurisdiction":"us","citation":"47 CFR 32.26","heading":"Materiality.","body":"(a) Except as provided in paragraph (b) of this section, companies may abide by the materiality standards of GAAP when implementing this system of accounts.\n(b) For companies that receive High-Cost Loop Support, or Connect America Fund Broadband Loop Support, materiality shall be determined consistent with the general materiality guidelines promulgated by the Auditing Standards Board.","path":["Title 47—Telecommunication","CHAPTER I—FEDERAL COMMUNICATIONS COMMISSION","SUBCHAPTER B—COMMON CARRIER SERVICES","PART 32—UNIFORM SYSTEM OF ACCOUNTS FOR TELECOMMUNICATIONS COMPANIES","Subpart B—General Instructions"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-47.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:28Z","sha256":"96161c385a7c51fca877e55f105b608ac951b3678d5d03f5ac42d3416ebaeb22","source_id":"us-cfr","stale":true,"prev":"us/47-cfr-32.25","next":"us/47-cfr-32.27"},"notice":"GroundRules: Original legal text. Not legal advice."}