Financial Accounting Institute
Finance & Accounting Education for the Utility Industry
Self-Paced Utility Finance and Accounting Training, Coming Soon
Dr. Joel Berk’s webinars — in digestible modules, on your schedule. Plus new interactive features, quizzes, and content on AI’s impact on the utility industry.
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Accounting is the Language of Business…
…but utility finance, accounting and rate regulation isn’t taught in schools.
Accounting is used to set rates for utilities — making it more important than at most companies. FAI has 40 years of teaching utility finance and accounting.
Over 1,000 courses have been attended by over 40,000 people from more than 500 organizations since 1982.
Coming In 2026: Self-Paced Webinars
Two interactive video courses with quizzes and updated content on AI’s impact on utility industry.
Non-Financial Professionals Webinar
Q3 2026 — Self-Paced
For professionals without much finance or accounting background: attorneys, regulatory staff, and operations staff. Anyone could benefit from understanding how utilities make money. Joel Berk’s foundational curriculum on utility finance and accounting, with new interactive quizzes and updated content on AI in the utility industry.
Financial Professionals Webinar
Q4 2026 — Self-Paced
For professionals who work in finance and accounting: accountants, rate analysts, controllers, and others. Deeper modules on utility-specific accounting, ratemaking, and reporting — including new content on AI’s impact.
Why Train With FAI
Advance Your Career
Anyone at a utility benefits from understanding finance and accounting — from attorneys to operations staff to executives.
Be Entertained
Joel Berk makes dry topics fun and interesting — and now his teaching in a self-paced, digestible webinar format. See others’ reactions! →
Learn Utility Accounting
Understand how regulated utility businesses actually make money — and how regulation, ratemaking, and the four sets of books fit together.
Four Free Resources
Free Mini-Course on Utility Accounting
Learn the basics with four free resources, including a video of Joel Berk teaching the fundamentals.
- Course Book: “Utility Financial Statements — Concepts and Analysis”
- Video: Joel Berk presenting “Four Sets of Books”
- Glossary: Utility finance & accounting terms
- Article: “Utility’s Four Sets of Books”
- Quiz – BONUS: Which webinar is right for you?
Participant Testimonials
From over 2,500 in our archive.