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New Water & Wastewater Accounting Professional Career Track

Build a career-ready foundation in water and wastewater utility accounting - from the NARUC Uniform Systems of Accounts to construction accounting, overhead rates, and plant records.

2
Courses
|
6
CPE Hours
|
NASBA Registered
|
Certificate of Completion
$

397

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Also included with annual membership
$504
 value · save
21%
Team Pricing
3 seats · Save 15%
$1,017
Buy 3 Seats
5 seats · Save 20%
$1,587
Buy 5 Seats
Putting a team through this track? Group pricing and a shared portal are available →

2

Courses

6

CPE Hours

5.0★

Average Rating

1,000+

Professionals Served

Build the foundation your water and wastewater career requires

This track is designed for professionals entering the water and wastewater utility industry or moving into accounting, finance, or project roles. Two courses build in a logical sequence - first the NARUC Uniform Systems of Accounts and the capital-versus-expense framework that drives daily transactions, then the full life of a capital dollar from work order to plant in service and retirement.

You finish with the skills to classify transactions with confidence, build documented overhead rates, and keep plant records that stand up to audit and support your rates.

Who This Track Is For

  • New water and wastewater accountants
  • Finance staff moving into the water and wastewater industry
  • Engineers and project managers who approve contractor pay requests
  • Finance directors and controllers responsible for plant in service and overhead policy
  • Auditors and consultants working with water, sewer, or combined utilities

How You'll Learn

✓
Short Lessons, Not Long Lectures - Focused video lessons you can fit around your workday.
✓
Interactive Videos - Questions, activities and interactive content inside each video keep you engaged.
✓
Hands-On Practice - Exercises let you test your judgment and reinforce key points.
✓
Job-Ready Toolkits - Downloadable tools and guides for future reference or on the job.
✓
Practical Applications - Apply concepts to realistic situations.
✓
Built-In Reinforcement - Review questions throughout the course support retention of the material.

What You'll Achieve

✓
Navigate the NARUC Uniform Systems of Accounts for water and wastewater utilities
✓
Classify transactions as capital or expense using a repeatable three-question framework
✓
Take a construction project from CWIP to plant in service with a defensible account distribution
✓
Build documented labor, stores, equipment, and administrative overhead rates
✓
Record construction interest under GASB 89 and account for contributed capital
✓
Earn 5.80 NASBA CPE hours and the foundation to add value to your organization and career
Courses in This Track

Recommended sequence

Courses can be taken in any order based on your priorities.
1

Water and Wastewater Utility Accounting 101

A practical guide to the NARUC Uniform Systems of Accounts - classify water and wastewater transactions with confidence using a repeatable framework.

2.20
CPE Credits
2

Mastering Water and Wastewater Construction Accounting

Take every construction dollar from work order to plant in service under GASB and NARUC, with six downloadable overhead and allocation templates.

3.60
CPE Credits

What Our Students Say

“
★★★★★

"This was an incredible overview! I cannot wait to share this with others. I LOVED how you explained things. You have great speaking and explanation skills."

Nicole
“
★★★★★

"I came looking for an introduction to utilities course and I'm glad I took this one. Russ explained everything really well. I will be taking more courses!"

Kritant
“
★★★★★

"I just recently started a job with a utility and am taking some courses to learn as much as possible. Will definitely be taking another course!"

Jennifer

Your Instructor

Russ Hissom, CPA

Principal, UtilityEducation.com — 35+ Years of Utility Accounting Experience

Russ Hissom is a nationally recognized expert in utility accounting and ratemaking, with more than 35 years of experience helping electric utilities and cooperatives navigate FERC, RUS, FASB, and GASB accounting standards. As founder of UtilityEducation.com, Russ has built a comprehensive CPE curriculum drawing on decades of hands-on work with regulatory accounting, construction accounting, and rate case support for investor-owned utilities, public power, and electric cooperatives.

Frequently Asked Questions

What is included?
+

All video lessons, downloadable course materials, exercises, and the six downloadable overhead and allocation templates for both courses.

How long do I have access?
+

12 months from the date of purchase. Study at your own pace, on your own schedule - from desktop, tablet, or mobile.

Is this Career Track eligible for NASBA Continuing Education credits?
+

Yes - each course in this career track is eligible for NASBA Continuing Professional Education (CPE) credits as shown on the course description. Upon successful completion of each class and a passing grade of 70% or more on the final exam, you'll receive a Certificate of Completion that meets NASBA documentation standards.

How does this career track help my organization and career?
+

The two courses take you from knowing where a transaction belongs to producing the plant records and overhead rates that support your rates and your audit. That gives you skills that add value to your utility from day one.

Does this track use practical examples?
+

Yes - the courses use real transactions faced by water and wastewater utilities, including a real year of water main replacement projects.

Have more questions?
+

Email or call 608-628-4020. We welcome questions anytime.

ENROLL TODAY

Take Your Utility Finance Expertise to the Next Level

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