---
kind: "section"
citation: "47 C.F.R. § 32.26"
title: "47"
number: "32.26"
heading: "Materiality."
url: "https://uscodex.org/cfr/47/32.26"
---

# §32.26. Materiality.

- (a) Except as provided in [paragraph (b)](#b) of this section, companies may abide by the materiality standards of GAAP when implementing this system of accounts.
- (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.

## Notes

### Amendments

[82 FR 20840, May 4, 2017]

### Authority

Authority: 47 U.S.C. 219, 220 as amended, unless otherwise noted.

### Source

Source: 51 FR 43499, Dec. 2, 1986, unless otherwise noted.

### Amendments

[82 FR 20840, May 4, 2017]