Before the
                Federal Communications Commission
                      Washington, D.C. 20554

In the Matter of                )
                                )
Implementation of the           )
Telecommunications Act of 1996: )  CC Docket 96-150
                                )
Accounting Safeguards Under the )
Telecommunications Act of 1996  )


                             ERRATA

                                   Released:  February 19, 1997

By the Chief, Common Carrier Bureau

     1.   On December 24, 1996, the Commission released a Report and Order in the
above captioned proceeding (FCC 96-490).  The Report and Order established accounting
safeguards that are necessary to satisfy the requirements of Sections 260 and 271 through
276 of the Communications Act of 1934, as amended by the Telecommunications Act of 1996
("1996 Act").  This errata amends the Report and Order in two respects.

     2.   First, pursuant to section 220(g) of the Communications Act, the Commission
must allow six months notice before alterations in the required manner or form of keeping
accounts are to take effect.  Paragraph 286 of the Report and Order orders that "the
requirements and regulations established in this decision shall become effective upon
approval by OMB of the new information collection requirements adopted herein, but no
sooner than thirty days after publication in the Federal Register."   The six-month provision
of section 220(g) of the Act was inadvertently omitted.  Accordingly, we amend paragraph 286
of the Report and Order to read as follows: "IT IS FURTHER ORDERED that the requirements
and regulations established in this decision with regard to Part 32 of our Rules, 47 C.F.R. Part
32, shall become effective upon approval by OMB of the new information collection
requirements adopted herein, but no sooner than six months after publication in the Federal
Register.  We will allow carriers to implement these rules at an earlier date and encourage
them to do so.  The remaining new and/or modified information collections established in
this Order shall become effective upon approval by OMB of the new information collection
requirements adopted herein, but no sooner than thirty days after publication in the Federal
Register."  We note that the Report and Order was published in the Federal Register on
January 21, 1997.

     3.   Second, paragraph 201 of the Report and Order states that "we will require
that the independent auditor's section of the audit report include a discussion of:  . . . (3) a
description of any limitations imposed on the auditor in the course of its review by the
affiliate or joint venture or other circumstances that might affect the auditor's opinion."  The
final word of this sentence "opinion" is hereby corrected to read "findings."

                         FEDERAL COMMUNICATIONS COMMISSION



                         Regina M. Keeney
                         Chief, Common Carrier Bureau