Virtual Course

Advanced Public Utility Accounting

This practical course examines the more complicated aspects of accounting theory and practice to inform planning and decision-making and help execute your day-to-day responsibilities.
January 11 - 20, 2022
12:00pm EDT - 3:00pm EDT

Virtual Training

Join us as we hold this popular course as a series of four interactive virtual sessions. It’s a convenient way to 'attend' the course, while still having the opportunity to interact with the instructor, your industry peers, and earn 12.8 CPE credits. This course combines real-time presentations, case studies, polling and quizzes, and Q&A sessions.

Timing

Participate in four, real-time sessions from Noon – 3 p.m. on : Jan. 11, 13, 18, and 20. There will be a 15-minute break incorporated into each session.

Course Overview

Most of the crucial decisions that electric utilities make require financial information. Utility accounting staff must understand how accounting principles and practices impact financial reporting to internal and external stakeholders. This practical course examines the more complicated aspects of accounting theory and practice to inform planning and decision-making and help execute your day-to-day work more efficiently and effectively. Discuss how accounting principles and practices impact financial reporting to internal and external stakeholders. Learn about industry trends, new accounting standards, and strategies for ensuring future financial success.

Course Topics

  • Presentation of financial statements
  • Introduction to sustainability accounting standards
  • Using regulatory accounting to mitigate ratepayer and financial reporting impacts
  • Financial statement analysis and its role in strategic planning
  • Capital structure and financing utility infrastructure projects
  • Establishing strong internal controls to efficiently allocate resources and deter fraud
  • Governmental accounting standards board (GASB) pronouncements update
  • Accounting for contingencies, capitalized interest, asset impairments and asset retirement obligations
  • Update on implementing the new GASB Pension Standard

Sample Agenda and Learning Outcomes

Click here to view a sample agenda and learning outcomes [PDF].

Recommended for

Utility accounting and finance personnel with a basic knowledge of utility accounting theory and practice. 

Course Level

Intermediate/Advanced: No prerequisites; no advance preparation. 

Course Materials

The course manual will be accessed through APPA’s electronic document portal, which attendees will get access to a few days prior to the course. All sessions will be recorded and can be accessed through the document portal, in case you can’t attend the live events.

Accreditation

The following continuing education credits will be provided, after successfully completing all four live sessions. Completion certificates will be emailed out within two weeks of the last session. Classes will be recorded, though certificates can only be awarded to those who participate in the live events (click here to review requirements).

Recommended CEUs 1.2/PDHs 11/CPEs 12.8 (for all four sessions)
Field of Study: Accounting

Instructors

russRuss Hissom, CPA, Energy & Utilities Group, Baker Tilly

Russ has extensive experience in providing risk advisory and internal audit services, implementing and improving work order asset management systems, software selection and implementation projects, financial and compliance audits, management audits, business process and controls reviews, establishing succession planning programs, and operational and financial training for utilities. Russ is a co-author of APPA publications on Information Technology Governance, Advanced Public Utility Accounting, Sustainability Accounting Standards for Utilities and Enterprise Resource Planning System Selection Best Practices. Standards for Utilities and Enterprise Resource Planning System Selection Best Practices.

bethany ryersBethany Ryers, CPA, MAS is a Firm Director in Baker Tilly's energy practice with a focus on assurance and advisory services for power and utility organizations. Bethany has helped some of the country’s largest public power systems implement the latest governmental accounting standards. She is involved with a number of state electric, water and wastewater organizations and is also a member of the American Institute of Certified Public Accountants and several state accounting associations. Bethany is co-author of the APPA Advanced Public Utility Accounting publication.

Questions?

Contact us at [email protected].

Register Now!

Registration fees

  • $995 for members
  • $1,990 for nonmembers

Not a member? Join today and save on your course registration. Call Member Services at 202-467-2926 to learn more.

Group Discounts

Save an additional $50 on each when your organization registers 5 or more people. The larger your group, the more you save!  

Number of registrants

Discount
(per person)

Member
Registration Fee

Nonmember
Registration Fee

1-4

n/a

$995

$1,990

5-9

$50

$945

$1,940

10-14

$100

$895

$1,890

15+

$150 $845 $1,840

Your group discount will be automatically applied when you register a group of 5 or more people. Registrations must be submitted on the same order (at the same time) to qualify for the group discount; discounts cannot be retroactively applied to previous orders.

Cancellations/No-Show/Refunds/Substitutions

Registrants who cancel in writing on or before Jan. 4, 2021, are entitled to a refund of their registration fee, minus a $50 cancellation fee. Registrants who cancel after Jan. 4 will not receive a refund, but attendee substitutions will be allowed for this event only. Registrants and no-shows who do not cancel by Jan. 4 are responsible for the full registration fee and are not entitled to a refund.

Communication

  • 24 hours before: 
    • You’ll receive your Zoom log in link the day before class (sent from the APPA Academy’s Zoom account <[email protected]>)
    • You’ll also receive a final logistics email 24 hours in advance of the class (directly from the [email protected]). 
  • If you don’t receive this correspondence, email [email protected]

Questions?

Registration/Billing
Email: [email protected]

Schedule/Content/Accreditation
Email: [email protected]

Earn While You Learn!

Participate in virtual programs to earn Continuing Education Units (CEUs), Professional Development Hours (PDHs) and Continuing Professional Education credits (CPEs). This event is eligible for the following credits:

Recommended CEUs 1.2/PDHs 11/CPEs 12.8 (for all four sessions)
Field of Study: Accounting

What educational credits are available?

You can earn the following kinds of continuing education credits for attending the live this event—provided the following requirements are met:

Requirements for Successful Completion

  • Attendees are required to attend and participate in 90% for all four live events and complete an online evaluation at the end of each session
  • Partial credit cannot be given for partial attendance
  • Attendance is monitored by an APPA staff member during the event, through an online report log, and upon review of the post-event evaluation data
  • Completion certificates will be added to your personalized APPA web profile within two weeks of course completion (for those who meet the requirements)
  • Virtual sessions are recorded (attendees automatically receive access to recordings within a week of a live event), though continuing education credits can only be given for attending live events

IACET logoContinuing Education Units (CEUs): The American Public Power Association is accredited by the International Association for Continuing Education and Training (IACET) and is authorized to issue the IACET CEU. For information regarding certification status, attendance requirements and obtaining attendee transcripts, contact [email protected] or 202-467-2965. Verify our IACET Accreditation.

CPE logoContinuing Professional Education (CPE) Credits: The American Public Power Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org. Unless noted, there are no prerequisites for the courses offered and no advance preparation is required. Courses are group-internet based offerings at the basic program level (unless otherwise noted). Credit hours and areas of study for the courses are listed on the individual course pages. For more information regarding administrative policies, such as clarification of requirements, complaints, and refunds, please contact [email protected]

Professional Development Hours (PDHs): The American Public Power Association’s educational practices are consistent with the criteria for awarding Professional Development Hours (PDHs) as established by the National Council of Examiners for Engineering and Surveying (NCEES). Course eligibility and number of PDHs may vary by state.

Format and Log-In Information

This class will be offered on the Zoom meeting platform. Presented in four, three-hour interactive sessions, featuring real-time presentations, case studies, polling/quizzes, a small group breakout, and Q&A sessions. 

Communication

  • 24 hours before: 
    • You’ll receive your Zoom log in links the day before the class (sent from the APPA Academy’s Zoom account <[email protected]>)
    • You’ll also receive a final logistics email 24 hours in advance of the class (directly from the [email protected]). 
  • If you don’t receive this correspondence, email [email protected] 

New to Zoom?

If you haven't participated in a Zoom meeting before, please download the Zoom web client from the Zoom Download Center. This will enable you to access all of the Zoom tools and functionality vs. using the web version. Then, visit Zoom.us/test to ensure you are able to join a meeting. 

If you are not able to download the Zoom web client, you can still participate via your Internet browser. We recommend using Chrome for the best results. If you use your Internet browser, your functionality may be more limited (for example, you will only be able to see one video feed at a time), and you will need to create a Zoom account. (account creation is a free and straightforward process, but you will want to do this in advance so you do not miss any part of the meeting).

  • Internet access: You will need a strong Internet connection to run the Zoom meeting platform. 
  • Audio and webcam: You will need to enable computer audio to listen and speak (alternatively a call-in number will be provided) and you will need a webcam to fully engage in the small group breakout exercises and discussions. 

Privacy and Security

The American Public Power Association takes your privacy and security very seriously. For this reason, we have put the following security measures in place for this course:

  • A random Meeting ID
  • Password-protected
  • Enabled waiting room to screen meeting participants
  • Restricted screen sharing to hosts only

Code of Conduct

Participants agree to abide by the APPA Code of Conduct. If participants engage in unacceptable behavior as outlined in the code, the Association may take any action it deems appropriate, including but not limited to, expulsion from the current and future meetings, with no warning or refund.

Questions?

Registration/Billing
Email: [email protected]

Schedule/Content/Accreditation
Email: [email protected]