Webinar Description
Learn all about FERC capital and expense accounting. Know when to capitalize a transaction vs. expense it and why it matters. Discuss which costs should be included for capitalized assets. Review common examples and learn how to create journal entries for these transactions. See what is to be recorded when assets are taken out of service. Review these and other common accounting situations in an electric utility.
Topics
- When to capitalize transactions and when to expense
- Which costs should be included in capitalized assets and common examples for each
- How to create journal entries for these transactions
- What is recorded when assets are taken out of service?
Recommended for
Accounting professionals new to public power utility accounting or wanting to explore the FERC accounting structure.
Speaker
- Russ Hissom, Partner Emeritus, Baker Tilly
Russ has been with Baker Tilly since 1983 and is a recognized leader in the energy practice with a focus on assurance and advisory issues for utilities. He is a national speaker, author, and trainer on internal audit, risk assessment, utility rates, and other financial topics.
Series Description
Join this three-part webinar series to fully understand how using the Federal Energy Regulatory Commission system of accounts as your foundation can benefit your utility. If you’re new to the electric utility industry, you can start with the basics of FERC accounting and evolve to more complex applications. Learn practical lessons to apply to daily accounting situations, as well as more involved issues that frequently arise.
Contact Us
Have questions? Contact 202/467-2997 or [email protected].
Registration/Fee Information
Individual webinars: $109 for Association members; $209 for nonmembers
Please click on a webinar title to register individually:
- Electric Utility Business and FERC Accounting 101: February 27
- Capitalization in FERC Accounting: March 12
- Best Practices for Complex Utility Transactions: April 2
The 3-part series (discounted price): $275 for members; $550 for nonmembers
- Register for the series.
- Webinars are recorded and available for playback, in case you miss the live version.
Contact Us
Have questions? Contact 202/467-2997 or [email protected].
Username/Passwords
You will need a username and password to register. If you need assistance, please contact our web services staff.
How to Join a Webinar
- Log-in information will be sent out the morning of each event. If you do not receive the reminder email, call 202-467-2997 or email [email protected]).
- Registration is for one phone line and one computer. If you have multiple employees participating from the same location, all can listen in via speaker phone, though only the person who is registered can earn a completion certificate.
- You may use voice over internet protocol (VoIP) instead of a phone line. This option allows you to listen to the webinar audio through your computer’s microphone and speakers.
- Submit your questions for the speaker before the webinar — email them to [email protected]. You may also ask questions using an online chat feature during the webinar.
Accreditation
- Each webinar is worth CEUs 1/ PDH .1/ CPE 1.2 credits
- CPE Field of Study: Specialized Knowledge
- Registrants are required to log into the audio and web portions of the webinar and participate for at least 45 minutes of the event, in order to receive a completion certificate.
- The completion certificate is only available to the person who registered for the webinar. Attendance is confirmed by the webinar report log.
- Links to all handouts and an audio recording will be sent out shortly after the webinar.
Contact Us
Have questions? Contact 202/467-2997 or [email protected].