07/13/2022
In the United States, FERC, or the Federal Energy Regulatory Commission, regulates electricity, natural gas, oil, and the entire hydropower industry.
As the commission has mandated that all of these companies submit their quarterly and annual accounts and operations information in XBRL, the companies are also leveraging the adoption of this new format to evaluate current processes, mitigate risks, and drive efficiencies and control within their FERC form filing procedures.
In this latest blog, let us understand Form 714, one of the complex forms responsible for collecting information for FERC.
Read more https://ez-xbrl.com/blog/understanding-ferc-form-714-electric-for-xbrl-submission/