# 14 CFR § 1-1: Sec. 1-1 Applicability of system of accounts and reports

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-14-1-1

## Section

- **Citation:** 14 CFR § 1-1
- **Heading:** Sec. 1-1 Applicability of system of accounts and reports
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 14—Aeronautics and Space > CHAPTER II—OFFICE OF THE SECRETARY, DEPARTMENT OF TRANSPORTATION (AVIATION PROCEEDINGS) > SUBCHAPTER A—ECONOMIC REGULATIONS > PART 241—UNIFORM SYSTEM OF ACCOUNTS AND REPORTS FOR LARGE CERTIFICATED AIR CARRIERS > General Accounting Provisions

## Text

Each large certificated air carrier shall keep its books of account, records and memoranda and make reports to the BTS in accordance with this system of accounts and reports. The BTS reserves the right, however, under the provisions of sections 49 U.S.C. 41701 and 41708, to expand or otherwise modify the classes of carriers subject to this system of accounts and reports.
[ER-1400, 50 FR 11, Jan. 2, 1985, as amended at 60 FR 66723, Dec. 26, 1995]

## Nearby sections

- [14 CFR § 1-1 Sec. 1-1 Applicability of system of accounts and reports.](https://www.frixlaw.com/law-library/statutes/ecfr-14-1-1.md)
- [14 CFR § 1-2 Sec. 1-2 Waivers from this system of accounts and reports.](https://www.frixlaw.com/law-library/statutes/ecfr-14-1-2.md)
- [14 CFR § 1-3 Sec. 1-3 General description of system of accounts and reports.](https://www.frixlaw.com/law-library/statutes/ecfr-14-1-3.md)
- [14 CFR § 1-4 Sec. 1-4 System of accounts coding.](https://www.frixlaw.com/law-library/statutes/ecfr-14-1-4.md)
- [14 CFR § 1-5 Sec. 1-5 Records.](https://www.frixlaw.com/law-library/statutes/ecfr-14-1-5.md)
- [14 CFR § 1-6 Sec. 1-6 Accounting entities.](https://www.frixlaw.com/law-library/statutes/ecfr-14-1-6.md)
- [14 CFR § 1-7 Sec. 1-7 Interpretation of accounts.](https://www.frixlaw.com/law-library/statutes/ecfr-14-1-7.md)
- [14 CFR § 1-8 Sec. 1-8 Address for reports and correspondence.](https://www.frixlaw.com/law-library/statutes/ecfr-14-1-8.md)
- [14 CFR § 2-1 Sec. 2-1 Generally accepted accounting principles.](https://www.frixlaw.com/law-library/statutes/ecfr-14-2-1.md)
- [14 CFR § 2-2 Sec. 2-2 Basis of allocation between entities.](https://www.frixlaw.com/law-library/statutes/ecfr-14-2-2.md)
- [14 CFR § 2-3 Sec. 2-3 Distribution of revenues and expenses within entities.](https://www.frixlaw.com/law-library/statutes/ecfr-14-2-3.md)
- [14 CFR § 2-4 Sec. 2-4 Accounting period.](https://www.frixlaw.com/law-library/statutes/ecfr-14-2-4.md)
- [14 CFR § 2-5 Sec. 2-5 Revenue and accounting practices.](https://www.frixlaw.com/law-library/statutes/ecfr-14-2-5.md)
- [14 CFR § 3 Section 3 Chart of Balance Sheet Accounts](https://www.frixlaw.com/law-library/statutes/ecfr-14-3.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-14-1-1. Check the current official text before relying on it. Not legal advice.