Public Utilities have rates set by State and Federal commissions to ensure that they recover prudently incurred costs and earn a reasonable rate of return that does not overly burden the ratepayer. Navigate FASB, FERC, FPSC (as an example of a State Commission) and SEC websites, Discuss the changing outlook for the Utility industry and the possible accounting implications, Identify financial reporting tools common to the Utility industry, Benchmark Course Participants’ Utility and Accounting Knowledge, Property, Plant and Equipment (PP&E) largest asset balance, PP&E is the primary driver when determining rates, Typical Revenue Streams – Vertically Integrated Utility, Define “above the line”, “below the line”, Estimating revenue for usage since last bill date, Contributions in Aid of Construction (CIAC), Allowance for Funds Used During Construction (AFUDC), Purchased Power and Fuel Adjuster Clause (PPFAC), Requirements that allow application of guidance, Accounting for Regulatory Assets and Liabilities, Cost deferral unique to regulatory accounting, Deferral of gains and losses when retiring certain debt, If recovery is Probable but not Currently Approved in Base Rates, Identify Utility Specific Accounts and Disclosures. Regulation and Compliance; Including the latest city, state and federal regulations affecting the water industry. Master of Business Administration – University of Phoenix This foundational course is designed around the Federal Energy Regulatory Commission (FERC) Uniform System of Accounts (USoA), covering every relevant FERC account. If this event is of interest you may also be interested in this related event, Utility Tax Accounting, November 17-18, 2020. Rev. IPU Power Grid School. Course Length: 2 days . March 22 – 25, 2021. Webcasts. The international training program is an intensive, two-week course specifically tailored to the professional requirements of utility regulators and regulatory staff. Including the latest tech trends - 5G, Starlink, broadband expansion, etc. Natural Gas Messaging Research Presentation, Statistical Resources for Financial Analysts, International Members and International Affiliates. 1 hour break for lunch. EEI and AGA will be conducting their annual four-day programs on public utility accounting. The course is designed to enhance the economic, technical, and policy skills required for implementing policies and managing sustainable regulatory systems for infrastructure sectors. Infographic: What's in My Natural Gas Bill? Separate meeting invitations will be sent for the morning and afternoon sessions of the course. The Natural Gas LDC course will be held December 7-11, 2020 live-remote via Zoom only. For Non-Financial Professionals and for Attorneys. Learn about accounting from a top-rated finance instructor. Review the proper usage of each account, the role of accounting in public utilities, preparation of FERC-based income statements and balance sheets, the supporting charts of accounts, and proper coding for all FERC account activities. Udemy. Why are long-term assets listed before current assets? Location: Virtual Event - Webinar, You do not need to have an existing Teams account in order to participate in the broadcast – the course will play in your browser and you will have the option of using a microphone to speak with the room and ask questions, or type any questions in via the chat window and our on-site representative will relay your question to the instructor. November 19 Edison Electric Institute Washington, DC. Business and Accounting Seminars is a collection of 11 training courses, with wide topics dealing with Real-Life Accounting and Modern HR Practices. Delivery Methood: Group-Live Location American Gas Association 400 North Capitol Street, NW Suite 450 Washington, DC 20001, Representing energy companies that deliver natural gas, Copyright © 2020 American Gas Association, Natural Gas: Critical Energy for American Communities, AGA Response to The Weather Channel Video about Natural Gas Cooking, AGA Submits Comments on PHMSA’s Proposed Farm Tap FAQs, PHMSA Responds to AGA's Petition on the Transmission Rule, AGA Submits Comments on Massachusetts Straw Proposal for Requiring PE Design Approvals, PHMSA Responds to AGA’s Petitions on the Plastic Pipe Regulation, AGA Submits Comments on PHMSA's Proposed Rulemaking for the Installation of Automatic Shut-off and Remote Controlled Valves (ASV/RCVS), AGA Submits Comments on the Federal Aviation Administration's (FAA) ANPRM AND NPRM, AGA Submits Response to PHMSA's Proposed Revisions to the NPMS Program, AGA Submits Comments to PHMSA's Notice of Review Guidance, Petition to Reconsider Plastic Pipe Rulemaking, AGA Submits Comments on Reassessment Interval Extension, AGA Submits Petition to Modify Collection of User Fees, AGA Submits Comments on the Risk Modeling Report, Operator Qualification (OQ), Cost Recovery, Accident and Incident Notification, and Other Pipeline Safety Changes, Pipeline Safety: Safety of Gas Transmission Pipelines, MAOP Reconfirmation, Expansion of Assessment Requirements and Other Related Amendments, Natural Gas Utility Process Safety Management Clearinghouse, National Association of State Fire Marshals (NASFM) Materials on CSST, Plastic Pipe Database Collection Initiative, Field Worker Assault Prevention Initiative Resources, Being in the Right Place at the Wrong Time Forums, Pipeline Construction Inspection Practices, Natural Gas Workers and Natural Gas Fires, Communication During Emergency Situations, 2020 Best Practices Kick Off Meeting, January 21 - 23, 2020, Phoenix, AZ, 2020 Best Practices Virtual Follow Up Meeting, June 2 - 4, 2020, 2020 Virtual Best Practices Emergency Response and Preparedness Roundtable Presentations, 2020 Virtual Best Practices Main and Service New & Replacement Roundtable Presentations, 2020 Virtual Best Practices System Regulation and Over-Pressure Protection Roundtable Presentations, Best Practices Distribution Integrity Management Program (DIMP) Roundtable, November 5 - 7, 2019, New Orleans, LA, Best Practices Operations Qualifications &Technical Training Roundtable, October 22 - 24, 2019, Sherwood, OR, Best Practices Collection & Maintenance Of As-Builts Roundtable, September 10 - 12, 2019, Charlotte, NC, Gas Utility Operations Best Practices Vehicular Safety, Operation and Driving Roundtable, October 24-26, 2017, Tulsa, OK, Gas Utility Operations Best Practices Damage Prevention, Locating and Cross Bores Roundtable, September 12-14, 2017, Chicago, IL, Gas Utility Operations Best Practices Leak Survey & Leak Management Roundtable, August 29-31, 2017, Newark, NJ, Gas Utility Operations Best Practices Follow-Up Meeting, June 13-15, 2017, Boston, MA, Communications, Marketing, Community and Consumer Affairs, COVID-19: Simplifying The Facts About Tests, Prevention, & Mitigation, CFTC and other Financial Regulators Filings, De Minimis Exception to the Swap Dealer Definition, AGA's Gas ESG Metrics Are Now Available for Member Company Voluntary Use, NPC North American Natural Gas Resource study, Safety During a Hurricane: What You Need to Know, Basking In The Comfort Of Natural Gas Hearth Products, Cooking With Natural Gas: Precise Control In A Stylish Package. 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