What You'll Learn!
1. The electric system
2. How utilities finance construction projects
3. The utility of today
4. The utility of the future
1. The role of regulation
2. FERC
3. NERC
4. Power markets
1. Overview
2. Plant instructions
3. Capital and maintenance - what's the difference?
1. Solar accounts
2. Wind accounts
3. Computer hardware and software classification
1. Speaking accounting
2. The goal of financial statements
3. Who writes the accounting rules?
4. The FERC Uniform System of Accounts
5. Capital credits
1. The attributes of a good chart of accounts
2. Users of financial information
3. The FERC Uniform System of Accounts
1. Assets
2. Net position
3. Plant in service
4. Liabilities
5. Revenues
6. Expenses
1. Quiz on course materials
2. Certificate of completion and course evaluation
Over 3,000+ enrollments from all skill levels
Our students have grown their skills by taking our courses. Here are just a few of their stories.
Frequently Asked Questions
All video lessons and course downloads are included in the course. You have lifetime access to the course and future updates.
Knowledge is power (forgive the electric pun). But this course adds to your knowledge, making your career skills deeper and giving you tools to provide value to your organization.
All of the course materials can be downloaded for each lesson. They are in pdf and Excel formats. You'll generally see them at the beginning of the course in the introduction section, Lesson 1, or scattered throughout the lessons as fitting the topic.
The information is taken from industry best practices and the experience of the instructor in working with power and utilities organizations across the United States and Canada.
The course is eligible for CPE for number of CPE hours shown in the course description. You'll receive a course completion certificate that also shows the number of CPE hours when you complete 100% of the course and take the course quizzes. CPE hours are computed based on a 50 minute presentation hour. All of our online courses are modeled on the guidelines of the AICPA and NASBA Statement on Standards for Continuing Professional Education (CPE) Programs. Courses are not NASBA certified, but many states do not require NASBA certification for all courses claimed for CPE. Final approval of a course for CPE credits is based on the requirements of each states’ regulatory body. We would recommend checking the state website for your license for specific requirements.
We welcome your questions anytime. Just email [email protected]. Thanks!
Ted
FERC Uniform System of Accounts
This is a well thought out, easy to understand course for beginners. Thank you Russ!
Erica
Ferc Accounting 101
I found it very helpful as a new employee needing to learn/understand FERC Accounting. I look forward to the next class
Shuja
Great course for beginners.
Great course for beginners.
Lisa
solid introduction to FERC accounting
New to the industry so trying to understand acronyms and how the accounting is done for this industry
Kendra
Great Course
Great Overview of Utility Accounting
Tara
The title is a good description of the course materials.
Course was very informative.
Carolyn
Basic Overview
Course provided a high level overview of the FERC USOA. Helpful if unfamiliar with regulatory acctg. Would replace review of power markets with a deeper dive into the account structure and accoutns themselves. The look at the language of USOA was not very helpful other than to illustrate the amount of detail. couldn't read it.