Course

Public Utility Accounting (CANCELLED)

Part of the Spring Education Institute. This foundational course is designed around the FERC Uniform System of Accounts, covering every relevant FERC account.
May 4 - 5, 2020
Columbus, Ohio

This event has been cancelled

Given the evolving situation with regard to COVID-19 and travel restrictions issued by some member utilities, APPA has made the decision to cancel the Spring Institute (May 4-8 in Columbus, Ohio). APPA will issue a full refund to all registrants.

Please cancel your hotel reservations directly with the hotel. Hotel contact information is available on the Hotel tab.

We hope to reschedule the event for later in the summer and to offer some virtual options for these classes. Details will be provided as they are finalized.

Please feel free to reach out to us at [email protected] with any questions or concerns.


Back to Spring Institute Courses

Monday, May 4 – Tuesday, May 5

Monday: 8:30 a.m. – 5 p.m.
Tuesday: 8 a.m. – 4 p.m.

Course Overview

This foundational course is designed around the Federal Energy Regulatory Commission (FERC) Uniform System of Accounts (USoA), covering every relevant FERC account. 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. Learn about the role of accounting in public utilities, FERC accounting procedures, the uniform systems of accounts, and utility accounting subsystems. 

Prepare a FERC Income Statement based off of a test case and then apply your knowledge during an in-class exercise, which addresses the proper coding for all FERC account activities. The instructor will also compare and contrast how investor owned utilities utilize the system vs. municipal utilities. 

Course Topics

  • Accounting for operating revenues and expenses
  • Introduction to utility property and plant accounting
  • Introduction to FERC uniform system of accounts
  • Applicability of generally accepted accounting principles to public utilities
  • Financial statement structure and presentation
  • Capital vs. expense determination
  • Allocation of indirect or common costs
  • Accounting for unbundled services

Sample Agenda/Learning Outcomes

Download a sample agenda and learning outcomes.

Course Level

Basic: No prerequisites; no advance preparation. Recommended as a prerequisite to the Advanced Public Utility Accounting course. 

Accreditation

Recommended CEUs 1.3/PDHs 13/CPEs 15
Field of Study: Accounting

Who Should Attend

Designed for those who are new to public utility accounting practices or unfamiliar with the FERC accounting structure.

Instructor

Jerry McKenzie is a Senior Manager with the MGT Consulting Group and the author of the Public Utility Accounting instructional manual, as well as APPA’s publications entitled “Unbundling Electric Distribution-Related Services” and “Costing Electricity Generation in a Competitive Environment: Principles & Procedures.” He has an extensive 35+ year background in cost accounting concepts and practical applications. Having worked in both the private electric utility sector and the municipally owned environment, Jerry brings a broad, and somewhat unique perspective to this course. He has extensive knowledge of the Federal Energy Regulatory Commission’s (FERC) statutes and regulations and has taught on a variety of subjects dealing with Public Utility Accounting.

Registration Fees

Register online or complete the registration form and email it to [email protected].
 

View a chart of the Spring Institute courses.

 

Registration received on/before April 13

Registration received after April 13

 

Members

Others

Members

Others

Accounting

Public Utility Accounting – May 4-5

$1,045

$2,090

$1,095

$2,140

Work Order & Asset Management – May 6

$675

$1,350

$725

$1,400

Advanced Public Utility Accounting – May 7-8

$1,045

$2,090

$1,095

$2,140

 

Financial Planning, Rate Design, and Cost of Service

Cost of Service Workshop: Implementation and Applications – May 4-5

$1,045 $2,090 $1,095 $2,140

Financial Planning and Future Rate Design Strategies – May 6-7

$1,045 $2,090 $1,095 $2,140

 

Distributed Energy Resources New!

Distributed Energy Resources Fundamentals:
Concepts and Planning – May 5       

 $675

$1,350 

$725

$1,400

Electric Vehicles 101: Getting Ready for
Transportation Electrification – May 6

 $675 $1,350  $725 $1,400

Preparing for Energy Storage: Trends and
Practical Applications – May 7-8   

$895

 $1,790

$945

$1,840

 

Public Power Manager Certificate Program

Public Power Manager Certificate Program – May 4-8*

$2,900

 $5,800

 $3,050

$5,950

  • Strategic Trends and Challenges – May 4 (morning)

$350

$700

$400

$750

  • Financial Planning, Budgeting, and Performance– May 4 (afternoon)

$350

$700

$400

$750

  • Strategic Leadership for Public Power - May 5-8

$2,100

$4,200

$2,250

$4,350

  • Public Power Management Certificate Program Enrollment Fee**

$350

$350

$350

$350

 

Technical Training

  • Applied Electrical Distribution Theory – May 4

$675

$1,350

$725

$1,400

  • Electrical Distribution Principles, Applications and Improvements – May 5-8

$1,845

$3,690

$1,895

$3,740

*Includes all required courses and the program enrollment fee—everything you need to participate in and graduate from the certificate program.

**The program enrollment fee covers the cost of study material, review of the post-course project, and graduation plaque. This fee is included in the program package price.

Travel Arrangements

Travel arrangements and costs are the responsibility of the participants (including hotel parking, WiFi, incidentals, etc.). The Association will not reimburse for changes in travel expenditures regardless of the cause.

Meals

A light breakfast, afternoon snack, and beverage breaks are included in the registration fee. All other meals are on your own.

Internet Access

WiFi may only be available in hotel common areas (sleeping rooms and hotel lobby, and will not be available in APPA meeting rooms). Please make arrangements to use cellular data on your device or bring a MiFi or Internet hotspot for personal use. APPA will not provide a password for WiFi.

Name Badges

Name badges can be picked up at the Association's registration desk at the hotel starting at 7:30 a.m.

Cancellations/No-Show/Refunds/Substitutions

Registrants who cancel in writing on or before April 27, 2020, are entitled to a refund of their registration fee, minus a $50 cancellation fee. Registrants who cancel after April 27 will not receive a refund, but attendee substitutions will be allowed for this event only. Registrants and no-shows who do not cancel by April 27 are responsible for the full registration fee and are not entitled to a refund. Cancellations must be made in writing and emailed to [email protected].

Hotel

The 2020 Spring Education Institute will take place at the:

Hyatt Regency Columbus
350 N High Street
Columbus, OH 43215

Reservations

  • Phone: (614) 463-1234
  • $173 (Single/Double) per night (plus 17.5% tax)
  • Room Rate Cut-off Date: April 13, 2020
  • Group Code: G-AMPP
  • Online Reservation Link: Book Your Reservation
  • Check-in: 3 p.m.
  • Check-out: Noon
  • Valet Parking: $33/day, Self-Parking: $20/overnight

Please note: It is possible that the block of rooms could sell out prior to April 13, so make your hotel reservations early.

Internet Access

WiFi may only be available in hotel common areas (sleeping rooms and hotel lobby) and will not be available in meet­ing rooms. Please make arrangements to use cellular data on your device or bring a MiFi or Internet hotspot for personal use. The Association will not provide a password for WiFi.

Location

All courses will be held in the Hyatt Regency Columbus. The hotel is located about six miles from the John Glenn Columbus International Airport (CMH). Please contact the hotel for transportation options.

Travel Arrangements/Hotel Parking

Travel arrangements and costs associated with hotel parking are the responsibility of the participants. The Association will not reimburse for changes in travel expenditures regardless of the cause.

Need Assistance?

If you require assistance with hotel/travel arrangements, please contact Meeting Services at 202-467-2941 or [email protected]

 

Frequently Asked Questions

What to Bring

If you are enrolled in one of the following courses, please note the items to bring with you. If your course is not listed, you do not have to bring anything.

  • Advanced Public Utility Accounting: Bring a copy of your annual financial statement. Instructors will answer your questions on presentation and application of accounting policies and practices.
     
  • Cost of Service Workshop: Implementation and Applications: Participants are required to bring a laptop with Excel and PowerPoint, to work through in-class exercises.
     
  • Applied Electrical Distribution Theory: Participants are required to bring their own scientific calculator or calculator app on smartphone, laptop or tablet computer.
     
  • Distribution Principles, Applications and Improvements: Participants are required to bring their own laptop or tablet computer with scientific calculator app and wireless internet capability. Attendees are encouraged to bring copies of distribution planning criteria and design guides from their utility for class reference and discussion.
     
  • Strategic Leadership for Public Power: Participants are required to complete some pre-coursework and bring the following items to class (details will be emailed in advance of the class):
    • Copies of your ACCESS Leadership Questionnaires
    • Completed pre-course learning plan

Class Start/End Times

All classes will begin at 8:30 with the following exceptions:

Registration/Name Badges

Name badges can be picked up at the Association's registration desk at the hotel starting at 7:30 a.m.

Meals

A light breakfast, afternoon snack, and beverage breaks are included in the registration fee. All other meals are on your own.

Hotel & Location

Click here for hotel and location information.

What is the conference dress code?

The attire for the Institute ranges from business casual to casual--whatever you're comfortable in. Meeting room temperatures vary, so prepare to dress for cool conditions.

Cancellations/No-Show/Refunds/Substitutions

Registrants who cancel in writing on or before April 27, 2020, are entitled to a refund of their registration fee, minus a $50 cancellation fee. Registrants who cancel after April 27 will not receive a refund, but attendee substitutions will be allowed for this event only. Registrants and no-shows who do not cancel by April 27 are responsible for the full registration fee and are not entitled to a refund.

Where and when are the next Education Institutes?

Fall Institute
Sept. 28-Oct. 3, 2020
Renaissance Seattle 
Seattle, Washington

Winter Institute
January 25-29, 2021
Hyatt Regency
San Antonio, Texas

Questions?

Contact us at [email protected] or call 202-467-2977.