---
kind: "section"
citation: "49 U.S.C. § 11142"
title: "49"
title_heading: "Transportation"
number: "11142"
heading: "Uniform accounting system"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/49/11142"
units:
  - "Subtitle IV — Interstate Transportation"
  - "Part A — Rail"
  - "Chapter 111 — Operations"
  - "Subchapter III — Reports and Records"
---

# §11142. Uniform accounting system


The [Board](/usc/49/10102.md?p=1) may prescribe a uniform accounting system for classes of [rail carriers](/usc/49/11141.md?p=1) providing [transportation](/usc/49/10102.md?p=9) subject to the jurisdiction of the [Board](/usc/49/10102.md?p=1) under this part. To the maximum extent practicable, the [Board](/usc/49/10102.md?p=1) shall conform such system to generally accepted accounting principles, and shall administer this subchapter in accordance with such principles.


## Source credit

(Added Pub. L. 104–88, title I, § 102(a), Dec. 29, 1995, 109 Stat. 834.)

## Notes

### Editorial Notes

### Prior Provisions

A prior section 11142, Pub. L. 95–473, Oct. 17, 1978, 92 Stat. 1425; Pub. L. 96–448, title III, § 301, Oct. 14, 1980, 94 Stat. 1934, related to uniform accounting system, prior to the general amendment of this subtitle by Pub. L. 104–88, § 102(a).

### Statutory Notes and Related Subsidiaries

### Effective Date

Section effective Jan. 1, 1996, except as otherwise provided in Pub. L. 104–88, see section 2 of Pub. L. 104–88, set out as a note under section 1301 of this title.