FERC's rational response to violations

In today's issue of APPA's Public Power Daily there's a brief article by Robert Varela on FERC's "rational responses" to violations and fines, in order not to jeopardize smaller utilities. This is consistent with our own experience with FERC on behalf of clients. We've also seen a similarly constructive attitude from RUS, which offers a bi-annual educational conference on accounting for utilities. Everyone seems to recognize that complying with FERC and other regulatory reporting requirements can be a challenge for resource-constrained utilities; the financial data needed either isn't readily available, or it's there but not in the right format. Stay tuned in the coming weeks for a special report on best practices for FERC and NERC compliance. Or take a look at our enterprise solution, which was recently certified by SAP.