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One-time enrollment · 12-month access
Enroll NowGroup pricing available →Master the FERC Uniform System of Accounts and build a strong foundation for utility finance, operations, and rate-making. Practical, plain-language training built for people who need to apply this knowledge on the job.
CPE Hours
The FERC Uniform System of Accounts (USoA) is the bedrock of electric utility accounting in the United States. Every transaction, every capital project, every financial report ties back to this foundational framework — and understanding it is essential for anyone working in utility finance, operations, or management.
This course gives you a clear, practical grounding in how the system is structured and how to apply it with confidence. Plain language, real utility examples, and interactive exercises make the material easy to use.
Confidently classify utility transactions using the FERC Uniform System of Accounts
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.
Sets the stage with why the FERC USoA matters, the course roadmap, and the central daily challenge: knowing where to record each transaction. | 1.1 – FERC Accounting 101 and the Importance of Electricity in Society | 1.2 – Course Roadmap | 1.3 – Course Learning Objectives | 1.4 – The Daily Puzzle: Where Do I Record Transactions?
A concise overview of the electric system — generation, transmission, distribution — so accounting decisions make sense in operational context. | 2.1 – How Electricity Works
Explains FERC's regulatory authority, why consistent accounting is required across the industry, and the economic importance of the electric sector. | 3.1 – Why FERC Makes the Rules | 3.2 – The Impact of the Electric Industry on the Economy
A guided tour of the USoA structure — account numbering conventions, major account groups, and how to find the right account for any transaction. | 4.1 – Navigating the FERC Uniform System of Accounts | 4.2 – Practical Uses for the FERC Uniform System of Accounts
Covers what the utility owns and owes versus its operating results, with interactive flip-card exercises and module review questions. | 5.1 – Balance Sheet and Income Statement Accounts | 5.2 – Exercise: Flip for the Right Account | 5.3 – Review Questions 1
Apply your knowledge to realistic utility accounting scenarios, including invoice classification exercises that reinforce the judgment skills used on the job every day. | 6.1 – Practice Scenarios | 6.2 – Exercise: Classify Those Invoices! | 6.3 – Review Questions 2
Consolidates key concepts and next steps | 7.1 – Key Concepts and Next Steps | 7.2 – Course Evaluation | 7.3 – Final Exam | 7.4 – Course Completion
