CPE CREDIT for CPAs available for all States
Prerequisite — Completion of FAI’s Seminar for Non-Financial Professionals or a position at the utility in the finance, accounting or the rates area or an educational background including at least three classes in accounting. 22 CPE Credits for CPAs.
OUTLINE OF THE SEMINAR TOPICS
Rate of Return Regulation
– Basics of Ratemaking
– Determination of Rate Base
– Revenue Requirement Issues
Modifications to Rate of Return Regulation
– Adjustment Clauses, Trackers, Riders, Deferrals
– Rate Freezes, Decoupling
– Formula Ratemaking
Energy and Gas Adjustment Clauses
GAAP For Utilities
– Why and How GAAP Differs
– Plant Write-Offs
– Regulatory Assets and When to Remove Them
Capitalization Versus Expense
– GAAP, Tax, Ratemaking and Managerial Accounting
– Influences and Motivations
– Problems in Recovery of Plant Costs
– Retirement Units of Property
– Accounting for Plant Retirement
– Risks of Reserve Deficiency
– Asset Retirement Obligations
– Mass Property Accounting
Accounting for Income Taxes
– Permanent Differences
– Temporary Differences
A Problem of Definition
– Statement of Cash Flows
– Different Definitions for New Income, Op Inc and Cash Flow
CWIP and AFUDC
– AFUDC versus Interest Capitalization
HOTEL AND CITY INFORMATION
129 East Fremont Street
Las Vegas NV 89101
We have reserved a block of rooms at the hotel where the seminar will be held. Book early. The block of rooms well be held open until a month before the seminar. This is an AAA four diamond hotel but we negotiated a low weekday rate. To get the group rate click on the link below or call (800) 634-3454 and give them the Group Code. You will probably want to make a reservation arriving the day before the seminar.
For our May 24-26 Seminar — Room nights May 23-25
Click link: Golden Nugget May 23 or call and give them this Group Code GSFAI05 (the I in this group code is the capital letter I and the 0 is a zero)
For our Oct 11-13 Seminar — Room nights Oct 10-12
Click link: Golden Nugget or call and give them this Group Code GSFAI10C
If you are staying at the hotel, the newer tower is the Rush Tower. In any case, when you check in you should ask for a room away from Fremont Street (which can be noisy at night.)
We will have a Continental Breakfast each morning and Lunch will be provided and we hope you can join us for cocktails after class the first day.
Class begins at 8 AM ends at 4 PM (except last day we end at 3).
Dress is casual but you could bring a sweater or jacket as the temperature in the meeting room may vary.
For a list of organizations who have sent people to our classes, look at our previous participant list.