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APPA to offer courses at Fall Institute on financial planning, cost of service, and accounting


From the August 7, 2014 issue of Public Power Daily

Originally published August 7, 2014

By Lee Krinzman
Manager, Education
The American Public Power Association's Fall Education Institute, set for Sept. 29-Oct. 3, in Scottsdale, Ariz., will offer a series of courses designed for accounting, cost of service, and finance personnel at public power utilities.

•    Public Utility Accounting, Sept. 29-30, is aimed at those who are new to utility accounting practices or are unfamiliar with the Federal Energy Regulatory Commission's accounting structure. It covers accounting procedures, uniform system of accounts and utility accounting subsystems. 

•    Work Order and Asset Management Accounting, Oct. 1, offers tips on how to streamline processes that support work order asset management accounting and job costing. 

•    Advanced Public Utility Accounting course, Oct. 2-3. Participants will learn about the more complex aspects of accounting theory and practice. 

•    Basic Cost of Service and Retail Rate Design, Sept. 29-30. This course covers traditional industry approaches to utility costing and pricing. Participants will learn where and how information is obtained, how a utility's costs are incurred, and how to develop allocation factors. 

•    Intermediate Cost of Service and Retail Rate Design, Sept. 30-Oct. 1. This course features exercises and practical applications using a fully functional cost-of-service/unbundling and rate design model in Excel. 

•    Advanced Cost of Service and Retail Rate Design, Oct. 2. Participants will go through the process of developing a marginal cost rate and learn how traditional cost-of-service studies are used to support aspects of a marginal cost study. 

•    Financial Planning for Municipal Utilities, Oct 3. Participants will learn why financial planning is critical to the success of public power utilities and will develop a long-term rate track to help ensure the utility’s financial stability. 

Attendees can earn professional certification credits by attending these courses. Each two-day class provides 15 continuing professional education credits (CPEs). The one-day courses are worth 7.5 CPEs. APPA also offers continuing education units (CEUs) and professional development hours (PDHs). 

The Fall Institute includes eight other in-depth courses on key accounts management, overhead distribution systems, and a new course on operations improvement and benchmarking. In addition, APPA's annualPublic Power Leadership Workshop will be held Oct. 1-3. The program is designed for general managers and CEOs (particularly those new to their jobs), as well as those on track for executive management positions. All events will be held at the Scottsdale Resort and Conference Center.

There is a $100 discount for those who attend more than one course (or register with a colleague) and a $50 early registration discount for those who register by Sept. 8. 

For more information, visit the APPA website, or contact Meghan Riley at 202/467-2919 or MRiley@PublicPower.org.
 

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