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)


All of the courses in every learning path are included with an annual membership!

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$257.00

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Included Courses

Applying Best Practices of ASC 980 and GASB 62 Regulatory Accounting
Applying Best Practices of ASC 980 and GASB 62 Regulatory Accounting
ASC 980 | GASB 62 Regulatory Accounting for Liabilities and Revenues
ASC 980 | GASB 62 Regulatory Accounting for Liabilities and Revenues
A Utility Accountant's Yearly Journey Using Regulatory Accounting
A Utility Accountant's Yearly Journey Using Regulatory Accounting
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

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.

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What Comes With This Training Path?
30 + course video lessons

Video lessons are short and to the point, providing 6 hours of content.

Library of templates and guides

The courses include downloads, spreadhseets, templates, and quizzes.

Certificate of completion included with each course

A certificate of completion is provided on completion of each course.

We provide high-quality and in-depth content

The course materials provide best practices and industry insights from our years of experience in assisting electric cooperatives and power and utilities companies.

You can take the courses at your pace

Binge watch all of the courses or take your time on the topics.

Courses can be watched anywhere at anytime

Watch any course on desktop, table, or phone using the course app.

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Russ Hissom, CPA

Course instructor

Hi, I'm Russ Hissom and I've been an instructor for national organizations in the industry since 1990 and was a partner in a national accounting and consulting firm for over 20 years. I have the privilege of serving electric cooperatives and power and utilities organizations across the United States and Canada with accounting, rate, and financial consulting services, and expert testimony at FERC and state utility commissions.

I've used my experience to design courses for all experiences levels of professionals and board members. The courses range from the foundational areas you need to know to operate the accounting, finance, and rates side of the business to the more complex financial analysis tools required to be successful. All courses are based on industry best practices, showing a practical approach so you can apply them in your organization. I hope you'll take a class and see what I mean!

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].

How do these courses build my knowledge?

Instructor

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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I have questions!
Help & FAQ
What is included with the courses and how long do I have access?
All video lessons and course downloads are included in all courses. You have lifetime access to the courses 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 add 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!

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