How do these courses build my knowledge?
ASC 980 | GASB 62 Regulatory Accounting Learning Path
Any co-op or utility can use regulatory accounting and it is a key strategy tool for determining customer rates. The courses in this series show best practices and hands-on examples of ASC 980 and GASB 62, based on common and complex events. This learning path includes 3 courses, 6 hours of content, and 6.50 hours of professional education credits! (Total value - $701.00)
Your Price!
$337.00
What You'll Learn!
You'll learn that there is no difference between private sector regulatory accounting (ASC 980) and the public sector standard (GASB 62)
You'll learn how to implement regulatory accounting
What transactions should we pick and how do we calculate the regulatory amount for rate recovery?
We'll show journal entries and financial statement disclosures
You'll learn the regulatory accounting treatment of major storms, commodity swings, early retirement of assets, contributions in aid of construction, and rate stabilization reserves
You'll learn how regulatory accounting is a broad strategy, not just for one-off transactions
We'll show a "normal" utility and how regulatory accounting is used for "normal" and a few infrequent events
You'll learn strategies for selecting transactions
You'll learn the approval process needed to use regulatory accounting
You'll learn what the "exit period" is and why it's a necessary component
You'll learn regulatory accounting treatment for revenue decoupling, contributions, and long-term pension and post-employment benefits
You will learn the financial impacts of discontinuing regulatory accounting in your organization
Over 600 students from all skill levels
Our students have grown their skills by taking our courses. Here are just a few of their stories.
Russ Hissom, CPA
Frequently Asked Questions
What is included with the learning path and how long do I have access?
All video lessons and course downloads are included in the Learning Path. You have lifetime access to the Learning Path and future updates.
Where does the information come from in the courses?
The information is taken from industry best practices and the experience of the instructor in working with power and utilities organizations.
How do these courses add value to my organization and my career knowledge?
Knowledge is power (forgive the electric pun). But these courses adds to your knowledge, making your career skills deeper and giving you tools to provide value to your organization.
Are the courses eligible for continuing education credits?
Yes! Utility Accounting and Rates Specialists, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBAregistry.org.
Are there course downloads so I can follow along?
All of the course materials can be downloaded for each lesson. They are in pdf and Excel formats. You'll generally see them at the beginning of the course in the introduction section, Lesson 1, or scattered throughout the lessons as fitting the topic.
What if I have more questions?
We welcome your questions anytime. Just email [email protected]. Thanks!
Utility Accounting and Rates Specialists, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBAregistry.org.
Course Accreditation, Requirements, and Refund and Cancellation Policy
Course #: AT-3
Program Level: Basic
Area of Study: Accounting - Technical
Delivery: QAS Self Study
Prerequisites: None
Advanced Preparation: None
CPE Credits: 1.00
Last Reviewed: 8.1.24
Access Period: 12 months
Exam Questions: 5
Passing Grade: 70%
Retakes: Unlimited
Refunds and cancellations: Requests for refunds must be made in writing within 30 days for purchasing the course. No refunds will be granted after the qualified assessment has been completed. For any concerns, please contact us at 608 628 4020 or at [email protected].