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One-time enrollment · 12-month access
Enroll NowGroup pricing available →Build on the fundamentals of regulatory accounting with advanced applications — from contributions in aid of construction and power plant decommissioning to pension obligations, revenue decoupling, and how to properly discontinue regulatory accounting when rate recovery is no longer probable.
CPE Hours
Once you understand the fundamentals of ASC 980 and GASB 62, a range of more complex situations awaits — and this course addresses them directly. From the accounting for contributions in aid of construction and power plant decommissioning to long-term pension and post-employment benefit obligations, you'll learn how regulatory accounting applies beyond routine expense deferrals.
The course also covers revenue decoupling — an increasingly important topic as utilities manage volumetric revenue risk — and the financial statement disclosures required for all regulatory accounting items. Perhaps most critically, it walks through exactly how and when to discontinue regulatory accounting, including how to write off regulatory balances and present the financial impact clearly.
This is the natural follow-on to Mastering Regulatory Assets and the second course in the Mastering Co-op & Utility Regulatory Accounting Career Track.
Describe the fundamentals of regulatory accounting under private, electric cooperative, and municipal utility accounting standards (FASB ASC 980 and GASB)
Course materials are provided for informational and educational purposes only. They do not constitute legal, accounting, or professional advice. Users should consult their own qualified legal, accounting, or other professional advisors regarding their specific circumstances.
Course orientation and a recap of regulatory accounting fundamentals to set the stage for advanced topics. | 1. Welcome | 2. Course Overview | 3. What You'll Learn | 4. Recap of Regulatory Accounting Basics
Apply regulatory accounting to contributions in aid of construction and the decommissioning of power plants. | 1. Regulatory Accounting for CIAC and Power Plant Decommissioning
Use regulatory accounting to defer and recover long-term liabilities including pension and post-employment benefit costs. | 1. Regulatory Accounting for Long-Term Liabilities- | 2. Review Questions — Part 1
Understand revenue decoupling mechanisms and how regulatory accounting is applied to separate revenue recovery from volumetric sales. | 1. Regulatory Accounting for Revenue Decoupling
Learn when and how to discontinue regulatory accounting — including how to write off regulatory balances and present the financial statement impact. | 1. Discontinuing Regulatory Accounting
Review key takeaways | 1. Review Questions | 2. Course Summary & Your Next Steps | 3. Course Evaluation | 4. Final Exam
