This study develops and calibrates a revenue accruals model. Changes in accounts receivable and deferred revenues are modeled using the respective income statement and cash flow numbers (i.e., revenues and cash flows from sales) that relate directly to the accruals' origination and reversal....

The Obama Administration’s creation of the Clean Power Plan to reduce greenhouse gas emissions from the electric power sector has renewed interest in possible state or regional adoption of cap-and-trade programs to meet mandatory reduction targets. The latest version of the National Surveys on...