Mastering Co-op and Utility Regulatory Accounting Learning Path
This learning path teaches how electric utilities and cooperatives can use regulatory accounting (ASC 980 for private utilities and co-ops and GASB 62 for public utilities) as a strategic tool to match revenues and expenses with approved customer rates and improve financial transparency. The courses include hands-on examples and best practices for implementation, expense deferrals, revenue deferrals, and real-world applications of regulatory accounting throughout the year.
All of the courses in every learning path are included with an annual membership!
About this learning path
This learning path provides a practical, real-world approach to applying regulatory accounting under ASC 980 and GASB 62 for electric utilities and cooperatives. Through hands-on examples and clear explanations, it shows how to align revenues and expenses with approved rates and manage financial volatility throughout the year. The courses are designed to help finance professionals confidently implement regulatory accounting in daily operations and support sound rate recovery and financial reporting.
Completing this learning path will give you the skills to:
Implement regulatory accounting under ASC 980 and GASB 62 to align expenses and revenues with customer rates. 
Recognize and record rate-recoverable transactions, including major storms, commodity swings, contributions in aid of construction, and other uncommon events. 
Use journal entries and disclosures that support financial reporting and rate recovery. 
Understand when to begin and discontinue regulatory accounting strategies and the financial impacts of those decisions.
Receive 6.50 hours of NASBA Certified Professional Education Credits (credits awarded for each class).
Earn a Power and Utilities Regulatory Accounting Expert Certificate and a verifiable digital badge upon completion—ready to add to your professional profile.
This learning path is for:
- Utility and cooperative finance and accounting professionals who record, report, and analyze financial results.
- Controllers, financial managers, and analysts involved in rate strategies and revenue recovery.
- Consultants advising utilities and co-ops on regulatory accounting and financial reporting. 
- Finance professionals seeking to deepen their understanding of how regulatory accounting can stabilize rates and financial outcomes.
- Auditors of cooperatives and utilities.
"This learning path finally made regulatory accounting practical instead of theoretical. The real-world examples showed exactly how to use ASC 980 and GASB 62 to manage financial volatility and align revenues and expenses with rates. It’s an excellent resource for any utility finance professional responsible for regulatory reporting and rate recovery."
Lisa
Controller
This learning path includes the following courses:
Applying Best Practices in ASC 980 and GASB 62 Regulatory Accounting - Expenses and Revenues
Value: $257.00 Included!
A major expense may have strained your electric financials. ASC 980 and GASB 62 help align expense recognition with electric rate recovery. These standards are practical, effective, and usable for co-ops and utilities of any size.(CPE credits - 3.50)
Advanced Topics in Regulatory Accounting - GASB 62 and ASC 980
Value: $177.00 Included!
Is there an elegant way to record electric accounting transactions with less volatility in your financials?ASC 980 and GASB 62 provide practical tools for capital items, obligations, rate recovery, and when to discontinue regulator.(CPE credits-2.00)
A Utility Accountant's Yearly Journey Using Regulatory Accounting
Value: $97.00 Included!
GASB 62 is your ally in aligning unexpected events with rate recovery from customers. Here’s a practical guide to implementing GASB 62, our top use cases, plus the GASB 62 song for your next Board meeting! (1.00 credits)
Taught by a nationally recognized utility accounting expert
Russ Hissom
CPA
Russ Hissom, CPA, is a national utility accounting and rate expert with 35+ years of experience helping electric cooperatives and electric, gas, water, wastewater, and broadband utilities improve accounting and work order processes, strengthen financial performance, enhance operational excellence, support strategy development and implementation, and design fair, sustainable rates.
Frequently Asked Questions:
This learning path is designed for accounting and finance professionals at electric utilities and cooperatives who are responsible for financial reporting, regulatory compliance, and rate recovery. It is especially valuable for controllers, finance managers, senior accountants, analysts, and consultants who want a practical, working understanding of regulatory accounting under ASC 980 and GASB 62.
This learning path includes a structured sequence of on-demand courses focused on applying regulatory accounting in real utility environments, covering expense and revenue deferrals, advanced regulatory accounting topics, and year-round implementation strategies.
Course access is unlimited after purchase.
This learning path adds to your knowledge, making your career skills deeper and giving you tools to provide value to your organization.
The information is taken from industry best practices, real-life examples, and the experience of the instructor in providing practical solutions to power and utilities organizations.
The course number of CPE hours are shown in the course description. You'll receive a course completion certificate that also shows the number of CPE hours when you complete 100% of the course and take the course quiz. CPE hours are computed based on a 50 minute presentation hour.
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.
All course materials can be downloaded for each lessons. These include course slides, exercises, and Excel templates that can be tailored to your organization.
This learning path covers the practical application of regulatory accounting for electric utilities and cooperatives, including ASC 980 and GASB 62 fundamentals, expense and revenue deferrals, regulatory assets and liabilities, treatment of unusual or non-recurring events, year-end and ongoing implementation strategies, and the relationship between regulatory accounting, rate recovery, and financial reporting.
This bundle provides a structured, progressive sequence of courses that build on one another, helping you understand not just individual accounting rules, but how all aspects of utility finance fit together. It is designed to develop well-rounded expertise in the business of an electric utility, not just isolated technical topics.
The courses are fully on-demand and self-paced, allowing you to complete the learning path on your own schedule. Most participants work through the material over several weeks, applying what they learn immediately to their day-to-day utility finance responsibilities.
Upon completion, participants earn a Power and Utilities Regulatory Accounting Expert Certificate and a verifiable digital badge. The certificate documents course completion for professional records, while the digital badge provides a shareable, online credential that can be added to professional profiles (such as LinkedIn) to demonstrate your expert knowledge in regulatory accounting.
This course also includes:
- $531 value - save 52% over individual course prices
- All course downloads and templates you can tailor to your organization
- 30 Days Money Back Guarantee
- Study on your own terms with 24/7 access
- Revisit any lesson as many times as you like
- Access from anywhere across multiple devices
We Have Served Over 1,000 Professionals from All Experience Levels!
What Our Students Say
Our students have grown their skills by taking our courses. Here are just a few of their stories.Course Accreditation, Requirements, and Refund and Cancellation Policy
Course #: AT-9, AT-10, ATG-2
Program Level: Basic
Area of Study: Accounting - Technical
Delivery: QAS Self Study
Prerequisites: None
Advanced Preparation: None
CPE Credits: 6.50 for all classes
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].
Companies and markets that we serve
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.
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