PwC’s Power and Utilities Industry Group has developed this publication to assist management teams in understanding some of the SEC’s current focus areas as well as other financial reporting hot topics.
Most reporting entities in the power and utilities industry are getting ready to prepare their 2014 year-end financial statements. A key consideration in the reporting process is ensuring meaningful and transparent financial information is provided to investors. To assist reporting entities in meeting that challenge, we have prepared the attached 2014 SEC comment letter and disclosure trends for the power and utilities industry. This publication includes our views on relevant considerations in the preparation of the Form 10-K, information summarized from SEC staff comment letters issued to electric, natural gas, water, and co-generation registrants and certain information derived from our annual survey of financial reporting trends in the power and utilities industry.