Back to Winter Institute Courses
Thursday, February 13 – Friday, February 14
Thursday: 8:30 a.m. – 4 p.m.
Friday: 8 a.m. – 3:30 p.m.
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 pronouncements update
- Accounting for contingencies, capitalized interest, asset impairments and asset retirement obligations
- Update on implementing the new GASB Pension Standard
Sample Agenda/Learning Outcomes
Download a sample agenda and learning outcomes.
What to Bring
Bring a copy of your annual financial statement. Instructors will answer your questions on presentation and application of accounting policies and practices.
Course Level
Intermediate/Advanced: No prerequisites; no advance preparation. Recommended as a follow up to the Public Utility Accounting course.
Accreditation
Recommended CEUs 1.2/PDHs 11.75/CPEs 14
Field of Study: Accounting
Who Should Attend
Designed for accounting and finance personnel with a basic knowledge of utility accounting theory and practice.
Instructors
Russ Hissom, CPA, CIA, CISA, CRMA is a partner emeritus in Baker Tilly's energy practice with a focus on assurance and advisory services for power and utility organizations. 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 recent publications on Information Technology Governance, Advanced Public Utility Accounting, Sustainability Accounting Standards for Utilities and Enterprise Resource Planning System Selection Best Practices.
Bethany 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 recent publication Advanced Public Utility Accounting.
Register online and view a chart of the Winter Institute courses.
|
|
Registration received on/before Jan. 20 | Registration received after Jan. 20 | ||
| Members | Others | Members | Others | |
| Accounting | ||||
| Public Utility Accounting - Feb. 10-11 | $995 | $1,990 | $1,045 | $2,040 |
| Work Order & Asset Management - Feb. 12 | $625 | $1,250 | $675 | $1,300 |
| Advanced Public Utility Accounting - Feb. 13-14 | $995 | $1,990 | $1,045 | $2,040 |
| Cost of Service & Rate Design | ||||
| Basic Cost of Service - Feb. 10 | $625 | $1,250 | $675 | $1,300 |
| Intermediate Cost of Service - Feb. 11-12 | $995 | $1,990 | $1,045 | $2,040 |
| Strategic Rate Design: Trends & Distributed Generation Impacts - Feb. 13-14 | $845 | $1,690 | $895 | $1,740 |
| Key Accounts Certificate Program | ||||
| Key Accounts Certificate Program - Feb. 10-14* | $2,600 | $4,800 | $2,850 | $5,050 |
|
$625 |
$1,250 |
$675 |
$1,300 |
|
$625 |
$1,250 |
$675 |
$1,300 |
|
$625 |
$1,250 |
$675 |
$1,300 |
|
$845 |
$1,690 |
$895 |
$1,740 |
|
$350 | $350 | $350 | $350 |
|
Technical Training |
||||
| Underground Distribution Systems – Feb. 10-13 | $1,595 | $3,190 | $1,645 | $3,240 |
| Advanced Underground Distribution System – Feb. 13-14 | $625 | $1,250 | $675 | $1,300 |
*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, exam grading, and review of the post-course project. 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 Feb. 3, 2020, are entitled to a refund of their registration fee, minus a $50 cancellation fee. Registrants who cancel after Feb. 3 will not receive a refund, but attendee substitutions will be allowed for this event only. Registrants and no-shows who do not cancel by Feb. 3 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 Winter Education Institute will take place at the:
DeSoto Hotel
15 East Liberty Street
Savannah, GA 31401
Reservations
- Main telephone: 844-257-3520
- Group Rate: $199 (Single/Double) per night (plus tax)
- Check-in: 4 p.m.
- Check-out: 11 a.m.
- Parking: Valet Parking is $34/night
- Room Rate Cut-off Date: January 20
- Group Code: PUB
- Online Reservation Link: American Public Power Association 2020 Winter Institute
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 DeSoto Hotel. The hotel is located about 15 miles from the Savannah/Hilton Head airport (SAV). 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.
- Basic Cost of Service: Concepts and Rate Planning: Participants are encouraged to bring a laptop to work through in-class exercises.
- Intermediate Cost of Service: Implementation and Best Practices: Participants are required to bring a laptop with Excel and PowerPoint, to work through in-class exercises.
- Key Accounts Certificate Program: The last day of the certificate program focuses on the Customer Action Plan post-course requirement. The instructor will walk participants through the CAP development process, so they will have a portion of the plan completed when they leave class. Participants are asked to bring a 1) laptop and 2) information on a key account customer they intend to run through the CAP process. Attendees will receive more information on these requirements a week before the course.
Class Start/End Times
All classes will begin at 8:30 with the following exceptions:
- Public Utility Accounting will begin at 8:30 on Monday, and 8 a.m. on Tuesday
- Advanced Public Utility Accounting will begin at 8:30 on Thursday, and 8 a.m. on Friday
- Constructing, Operating and Maintaining Underground Distribution Systems: starts at 8 a.m. each day
- Advanced Topics in Underground Distribution Systems: starts at 1:30 p.m. on Thursday and 8 a.m. on Friday
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.
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 Feb. 3, 2020, are entitled to a refund of their registration fee, minus a $50 cancellation fee. Registrants who cancel after Feb. 3 will not receive a refund, but attendee substitutions will be allowed for this event only. Registrants and no-shows who do not cancel by Feb. 3 are responsible for the full registration fee and are not entitled to a refund.
Where and when are the next Education Institutes?
Spring Institute
May 4-8, 2020
Hyatt Regency
Columbus, Ohio
Fall Institute
Sept. 28-Oct. 3, 2020
Renaissance Seattle
Seattle, Washington
Questions?
Contact us at [email protected] or call 202-467-2977.
