What You'll Learn!
2. Goals for this class
3. Your instructor
4. Course materials kickoff
5. What is GASB 62
6. Why use GASB 62?
7. Key takeaways
2. Implementation journal entries
3. Polar vortex
4. Deferred spikes in power costs
2. Distributed Energy Resource budget impact of deferrals
2. Debt coverage WITHOUT GASB 62
3. The income statement WITH GASB 62
4. Debt coverage WITH GASB 62
5. Key takeaways
6. Thank you!!
7. Course evaluation
8. Instructor contact information
2. GASB 62 - The intent standard
3. Common uses for GASB 62
4. Example from investor-owned utility audit report
5. A year in the life of a public power utility
2. Early retirement of generating unit
3. Contributions in aid of construction
2. Rate stabilization concepts
3. Rate stabilization journal entries
4. The Budget Meeting
5. The GASB 62 Song
6. Mark to market adjustments for commodity contracts
Over 600 professionals from all experience levels
Our students have grown their skills by taking our courses. Here are just a few of their stories.
Frequently Asked Questions
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.

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
Program Level: Basic
Area of Study: Accounting-(Governmental) - 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