FERC accounting is the electric industry best practice in electric construction accounting. It can be difficult to find utility and RUS education courses, so you've come to the right place.
The FERC approach to construction accounting is practical and focuses on fully costing projects in order to include them properly in electric rates. This class discusses the overheads that should be included in construction projects and how to calculate them, analyzing and classifying project costs, and fixed asset retirement accounting.
This 85 minute class is a perfect course for new employees to get familiar with using the FERC Chart of Accounts for construction and a great refresher for experienced team members.