Sec.  32.11   Classification of companies.

   (a) For purposes of this section, the term “company” or “companies” means
   incumbent local exchange carrier(s) as defined in section 251(h) of the
   Communications Act, and any other carriers that the Commission designates by
   Order. Incumbent local exchange carriers' successor or assign companies, as
   defined in section 251(h)(1)(B)(ii) of the Communications Act, that are
   found to be non-dominant by the Commission, will not be subject to this
   Uniform System of Accounts.

   (b) For accounting purposes, companies are divided into classes as follows:

   (1)   Class   A.  Companies  having  annual  revenues  from  regulated
   telecommunications operations that are equal to or above the indexed revenue
   threshold.

   (2)   Class   B.  Companies  having  annual  revenues  from  regulated
   telecommunications  operations  that are less than the indexed revenue
   threshold.

   (c) Class A companies, except mid-sized incumbent local exchange carriers,
   as  defined by  Sec. 32.9000, shall keep all the accounts of this system of
   accounts which are applicable to their affairs and are designated as Class A
   accounts.  Class  A companies, which include mid-sized incumbent local
   exchange carriers, shall keep Basic Property Records in compliance with the
   requirements of  Sec.  Sec. 32.2000(e) and (f).

   (d) Class B companies and mid-sized incumbent local exchange carriers, as
   defined by  Sec. 32.9000, shall keep all accounts of this system of accounts
   which  are  applicable  to their affairs and are designated as Class B
   accounts. Mid-sized incumbent local exchange carriers shall also maintain
   subsidiary record categories necessary to provide the pole attachment data
   currently provided in the Class A accounts. Class B companies shall keep
   Continuing  Property  Records  in  compliance with the requirements of
    Sec.  Sec. 32.2000(e)(7)(i)(A) and 32.2000(f).

   (e) Class B companies and mid-sized incumbent local exchange carriers, as
   defined by  Sec. 32.9000 of this part, that desire more detailed accounting may
   adopt the accounts prescribed for Class A companies upon the submission of a
   written notification to the Commission.

   (f) The classification of a company shall be determined at the start of the
   calendar year following the first time its annual operating revenue from
   regulated telecommunications operations equals, exceeds, or falls below the
   indexed revenue threshold.

   [ 67 FR 5679 , Feb. 6, 2002, as amended at  69 FR 53648 , Sept. 2, 2004]