Course Library

Courses & Career Tracks for Utility & Cooperative Professionals

Certified, on-demand training built specifically for the utility sector: public power, investor-owned, municipal, and co-ops across electric, water, and wastewater. Choose a structured Career Track, take individual courses, or get a Pro Pass for everything—all self-paced and immediately actionable.

Group Training Available
NASBA Registered
50+
CPE Hours
200+
Co-ops & Utilities Served
Russ Hissom, CPA
Created by Russ Hissom, CPA
35+ years in utility accounting and rates · FERC, RUS, FASB, GASB, and NARUC · NASBA-registered CPE sponsor

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Career Tracks

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Career Track
Electric

New Electric Cooperative Accounting Professional

Build a career-ready foundation in electric cooperative accounting. Covers how the industry works, RUS standards, financial statements, and performance measurement.

4
Courses
7
CPE Hours
Career Track
Electric

New Electric Utility Accounting Professional

Build a career-ready foundation in electric utility accounting. Covers how the industry works, FERC standards, financial statements, and performance measurement.

4
Courses
6
CPE Hours
Career Track
Electric

Electric Utility Fundamentals for Leaders and Decision-Makers

Understand the utility without becoming an accountant. Built for board members, city council members, department heads, and consultants — covering how the industry works, financial statements, KPIs, and how electric rates are built. No accounting background required.

4
Courses
6
CPE Hours
Career Track
Water

New Water & Wastewater Accounting Professional Career Track

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

4
Courses
9
CPE Hours
Career Track
Electric

Experienced Co-op Accounting & Finance Professional Career Track

Go deeper into the topics that matter most at the controller and CFO level. Covers regulatory accounting, advanced construction accounting, asset impairments, KPIs, and rate studies — built for the electric cooperative environment.

6
Courses
12
CPE Hours
Career Track
Electric

Experienced Public Utility Accounting & Finance Professional Career Track

Go deeper into the topics that matter most at the controller and CFO level. Covers regulatory accounting, advanced construction accounting, asset impairments, KPIs, and rate studies — built for the public utility environment.

5
Courses
10
CPE Hours
Career Track
Electric

Experienced Investor-Owned Utility Accounting & Finance Professional Career Track

Go deeper into the topics that matter most at the controller and CFO level. Covers regulatory accounting, advanced construction accounting, asset impairments, KPIs, and rate studies — built for the investor-owned utility environment.

6
Courses
12
CPE Hours
Career Track
General/All Industries

AI Applications for Co-op & Utility Finance Professionals

Build practical AI skills for the finance office. Covers foundational concepts, board report automation, advanced prompting, and team implementation — no coding or technical background required.

3
Courses
5
CPE Hours
Career Track
Electric

Electric Co-op and Utility Construction Accounting Career Track

Master construction accounting under FERC and RUS standards. Covers work orders, standard units, advanced scenarios, fixed asset records, work order analysis, AFUDC, and CIAC — built for utilities and cooperatives alike.

6
Courses
11
CPE Hours
Career Track
Electric

Rates Professional

Build a complete foundation in utility rate-setting. Covers electric rate study fundamentals, water pricing strategy, and electric vehicle rate design — practical and applied for utility and cooperative rate professionals.

3
Courses
4
CPE Hours
Career Track
Electric

Mastering Regulatory Accounting Career Track

Use regulatory accounting as the strategic financial management tool it was designed to be. Five courses covering ASC 980, GASB 62, asset impairments, decommissioning, and rate recovery — built for the finance professionals responsible for making it work.

5
Courses
9
CPE Hours

Individual Courses

All Courses
FERC & RUS Accounting
Regulatory Accounting
Construction Accounting
Rates & Finance
Finance & Management
AI Applications
Water & Wastewater (all)
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Course
General/All Industries
AI Applications
Intermediate

Advanced AI Skills for Utility Finance Teams

Take your AI skills from basic prompts to production-ready workflows. This course covers advanced prompting techniques, complex financial analysis, high-stakes board and regulatory reporting, a systematic quality control process, AI agents and enterprise deployment, and how to roll AI out across your entire finance team.

$
197
2
CPE Hours
New
2/11/26
Course
General/All Industries
AI Applications
Basic

AI-Powered Financial Writing: Board Reports, Policies & Professional Communications

Learn to use AI to draft board-ready financial summaries and reports. Covers policies and procedures, professional emails, and training materials — with the human oversight skills to ensure accuracy and compliance.

$
147
1.5
CPE Hours
New
1/15/26
Course
General/All Industries
AI Applications
Basic

How AI Is Transforming Financial & Management Reporting

Master AI tools to transform your accounting and financial workflows. Learn to automate reporting, analyze data faster, write effective prompts, and build a secure AI workflow—all with conversational AI tools.

$
197
2
CPE Hours
New
1/5/26
Course
Electric
Construction Accounting
Intermediate

Electric Construction Accounting: Advanced FERC & RUS Topics

Go beyond the standard work order. This course tackles the complex, non-routine construction accounting scenarios that every utility eventually faces — from asset retirement obligations and depreciation to storm damage accounting and jointly-owned power plants.

$
297
3
CPE Hours
New
7/2/26
Course
Electric
Construction Accounting
Intermediate

Beyond the 3-Point: Advanced Cost Allocation Strategies

Go beyond the 3-point formula. Learn advanced cost allocation methodologies—activity-based costing, driver-based allocations, and hybrid approaches—plus the selection framework, and implementation roadmap, to make your cost allocation methods fair to internal departments and ratepayers.

$
147
1.5
CPE Hours
New
6/13/26
Course
Electric
Construction Accounting
Intermediate

Continuing Property Records: Mastering Fixed Asset Accounting

Learn to consolidate continuing property records without changing general ledger balances. Improve cost-of-service outcomes and reduce the accounting burden of maintaining excessive CPR detail.

$
147
1.5
CPE Hours
New
6/8/26
Course
Electric
Construction Accounting
Intermediate

Mastering Electric Construction Cost Accounting

Master the complete work order accounting process, from authorization to retirement. Covers capitalization and overhead allocation — built for utility and co-op finance professionals who need to get construction accounting right.

$
297
3
CPE Hours
New
3/23/26
Course
Electric
Construction Accounting
Basic

Work Order Analysis

Understand the complete work order process, start to finish. Learn to open a work order, issue materials, apply overhead, and close to plant — practical training for utility and co-op accounting professionals who need to apply this on the job.

$
147
1
CPE Hours
New
5/11/26
Course
Water and Wastewater
Construction Accounting
Basic

Mastering Water and Wastewater Construction Accounting

Turn invoices, timesheets, and contractor pay requests into accurate plant records. This course is based on practical applications and follows the capital construction process from the work order to the retirement of the plant it replaces - with downloadable templates you can put to work on your own projects.

$
327
3.6
CPE Hours
New
10/13/26
Course
General/All Industries
Construction Accounting
Basic

Accounting for Contributions in Aid of Construction (CIAC)

Learn how electric utilities account for customer payments toward construction. Classify cash and non-cash customer funding, record contributions under the FERC, RUS, NARUC, FASB and GASB frameworks, calculate the tax gross-up for investor-owned utilities, and support every balance in a review. One customer-funded substation carries through the whole course.

$
157
1.4
CPE Hours
New
10/17/26
Course
Electric
Construction Accounting
Basic

Accounting for the Allowance for Funds Used During Construction (AFUDC)

Learn how utilities and cooperatives capitalize the cost of funds used during construction. Compute the cost of capital AFUDC rate for borrowed and other funds, accrue it monthly on construction work in progress with semiannual compounding, and support the balance in a regulatory or audit review.

$
157
1.4
CPE Hours
New
10/28/26
Course
Electric
FERC & RUS Accounting
Basic

FERC Accounting 101

Master the FERC Uniform System of Accounts for utility finance and rate-making. Build a strong foundation with practical, plain-language training for people who need to apply this knowledge on the job.

$
147
1.5
CPE Hours
New
3/9/26
Course
Electric
FERC & RUS Accounting
Basic

Comprehensive Introduction to the Electric Industry: How the Power Business Really Works

A practical, in-depth introduction to the electric industry. Learn how power is produced, delivered, and regulated, how electric rates are developed, who does the work, and where the industry is headed.

$
147
1.5
CPE Hours
New
6/29/26
Course
Electric
FERC & RUS Accounting
Basic

RUS Accounting 101

Master the RUS Uniform System of Accounts for electric cooperative accounting. Build a solid foundation with practical, plain-language training designed for co-op finance and operations professionals.

$
197
2
CPE Hours
New
3/15/26
Course
Electric
Finance & Management
Intermediate

Cash Reserves and Financial Strength

Build the financial strength to weather storms and earn an investment-grade credit rating. This course walks through reserve targets, written financial policies, and the credit metrics rating agencies actually look at, so you can defend your reserve position at the board table and in a rate case.

$
147
1.5
CPE Hours
New
7/19/26
Course
Electric
Finance & Management
Basic

Introduction to Electric Utility Financial Statements

Learn to read and analyze electric utility and co-op financial statements with confidence. Whether you work in finance, operations, or governance, this course helps you ask better questions and make better decisions.

$
147
1.5
CPE Hours
New
6/15/26
Course
Electric
Finance & Management
Basic

Using KPIs in Managing Your Electric Co-op and Utility

Learn to select, calculate, and act on the KPIs that drive better decisions. Get practical tools, real benchmarks, and a clear framework for turning data into action at your electric co-op or utility.

$
147
1.5
CPE Hours
New
6/15/26
Course
Electric
Finance & Management
Basic

Strategies to Optimize Patronage Capital and Cash Reserves

Understand how patronage capital finances electric cooperatives. Learn to calculate optimal cash reserve levels, and connect retirement and reserve strategies to member rates and long-term financial health.

$
197
2
CPE Hours
New
7/24/26
Course
General/All Industries
Finance & Management
Basic

Utility Finance for Non-Financial Professionals

A plain-language introduction to utility finance and ratemaking. Built for board members and other non-financial staff who oversee a utility or cooperative — no accounting background required.

$
147
1.6
CPE Hours
New
9/9/26
Course
Electric
Finance & Management
Basic

Reading Utility Financial Statements for Non-Financial Professionals

You vote on rates, budgets, capital planning, and borrowing. The co-op and utility's financial statements are the report card behind every one of those decisions. This course shows you how to read them, with no accounting background needed.

$
157
1.6
CPE Hours
New
10/23/26
Course
General/All Industries
Finance & Management
Basic

Leases and SBITAs for Utilities: GASB 87 & GASB 96

GASB 87 and GASB 96 put leases and subscription-based IT arrangements on the balance sheet — and utilities have more of both than most governments, from fleet leases and SCADA subscriptions to fiber IRUs, pole attachments, and easements. Learn to classify a contract correctly, record the liability and the entries, work through the utility-specific scope calls that trip up GASB preparers elsewhere, and explain what the new liabilities mean for your debt ratio and bond covenants. This course provides the classification, journal entries, and rate impacts for municipal electric, gas, wastewater, and water utilities.

$
147
1.4
CPE Hours
New
11/2/26
Course
Electric
Rates & Finance
Basic

Developing Electric Vehicle Rates

Electric vehicles are reshaping utility load profiles. This course gives utility finance and rate professionals a practical grounding in EV rate design — from understanding EV load characteristics to building rate structures that recover costs fairly while encouraging smart charging behavior.

$
127
1
CPE Hours
New
4/1/26
Course
Electric
Rates & Finance
Basic

Co-op & Utility Rate Study Fundamentals: Revenue Requirements, Cost of Service & Rate Design

A practical introduction to the electric ratemaking process. Learn how revenue requirements are built, costs are allocated across customer classes, and rates are designed — plus what boards and management should ask when reviewing or approving a rate study.

$
197
2
CPE Hours
New
9/16/26
Course
Water and Wastewater
Rates & Finance
Basic

A Practical Guide to Water Pricing Strategies

Learn how water utilities build rates that are defensible, equitable, and recoverable. This course covers developing revenue requirements and allocating costs across customer classes — built for utility finance and accounting professionals.

$
127
1
CPE Hours
New
4/1/26
Course
Electric
Rates & Finance
Basic

The Large Load Playbook

Large loads — data centers, crypto mining, EV charging hubs — are reaching utilities of every size. Learn how to classify a large load, design a defensible cost-of-service rate, structure a service agreement that protects existing ratepayers, get the CIAC accounting right under FASB and GASB, and evaluate large-load policy decisions the way a commission will.

$
397
4.2
CPE Hours
New
9/2/26
Course
Electric
Regulatory Accounting
Basic

ASC 360: A Framework for Impairment Accounting at Utilities & Cooperatives

Learn to identify asset impairment triggers and apply the correct measurement methods under ASC 360. Record the accounting entries, then use ASC 980 to recover impairment losses through customer rates.

$
147
1
CPE Hours
New
7/6/26
Course
Electric
Regulatory Accounting
Basic

Advanced Topics in Regulatory Accounting — ASC 980 & GASB 62

Build on the fundamentals of regulatory accounting with advanced applications. Covers contributions in aid of construction, power plant decommissioning, pension obligations, revenue decoupling, and how to properly discontinue regulatory accounting when rate recovery is no longer probable.

$
197
2
CPE Hours
New
7/2/26
Course
Electric
Regulatory Accounting
Basic

GASB Guidelines for Asset Impairments, Decommissioning & Regulatory Accounting

Learn to identify, measure, and record asset impairments and retirement obligations under GASB 42 and GASB 83. Then use GASB 62 regulatory accounting to defer and recover those costs through customer rates.

$
147
1
CPE Hours
New
7/6/26
Course
Electric
Regulatory Accounting
Basic

Mastering Regulatory Assets: Your Roadmap to Smoother Ratemaking

Learn how to align expense and revenue recognition with approved customer rates. This course covers regulatory accounting under ASC 980 and GASB 62 — reducing financial volatility and improving the clarity of your financial statements.

$
297
3.5
CPE Hours
New
7/2/26
Course
Water and Wastewater
Water & Wastewater Accounting
Basic

Water and Wastewater Utility Accounting 101

Master the industry best practices for water and wastewater utility accounting. Build a repeatable framework for the accounting decisions that drive your daily transactions and rates — practical, plain-language training for people who need to apply this knowledge on the job.

$
197
2.2
CPE Hours
New
10/7/26
Group Training

Training programs for your entire team

Bring your finance team up to speed together. Live and on-demand group sessions covering the accounting, regulatory, and compliance topics utilities and co-ops need most.

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Your Instructor

Taught by a Nationally Recognized Power & Utilities Accounting Expert

Russ Hissom, CPA
Principal, UtilityEducation.com · 35+ Years of Industry Experience
Russ Hissom is a national utility accounting and rate expert with 35+ years of hands-on experience helping electric cooperatives and electric, gas, wastewater, water and broadband utilities improve accounting processes, strengthen financial performance, and design fair, sustainable rates. He has provided expert witness testimony before FERC, state commissions, and in arbitration proceedings — and has trained 1,000+ professionals nationwide.
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