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One-time enrollment · 12-month access
Enroll NowGroup pricing available →Master the NARUC Uniform System of Accounts for water and wastewater utilities and build a repeatable framework for the capital-versus-expense decision that drives your daily transactions, your rates, and your next audit. Practical, plain-language training built for people who need to apply this knowledge on the job.
CPE Hours
Every day, a water or wastewater accountant faces the same question: where does this transaction go? This course gives you a practical framework for making that call the same way every time, and a rulebook - the NARUC Uniform System of Accounts - for confirming it.
Built side by side for both systems, the course covers the capital-versus-expense decision that drives most daily transactions, how the water and wastewater systems work physically, why a prescribed account structure exists, and how to search the USoA for the right account instead of memorizing it. Real transactions, worked from start to finish, show you exactly how it's done.
Navigate the NARUC Uniform System of Accounts for water and wastewater utilities
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.
What this course covers, who it's for, and how to get the most out of it. Covers the NARUC Uniform System of Accounts framework for water and wastewater utilities, course prerequisites, and pacing.
The most common decision a water or wastewater accountant makes: capitalize as plant or expense as operation and maintenance. Covers the three questions that classify most transactions and the impact of that choice on rates and financial statements.
The physical water system from source to tap and the wastewater system from drain to discharge, and how the account structure follows the water through each stage.
Why a prescribed, uniform chart of accounts exists, and the roles NARUC, state commissions, RUS/USDA, and EPA play in utility accounting and ratemaking.
How to read the Uniform System of Accounts - definitions, accounting instructions, and account descriptions - and how to search for the right account instead of memorizing the structure.
The 'Big Three' plant accounts, functional plant detail for both water and wastewater, capital structure by ownership type, and the revenue and expense accounts that round out the income statement.
Real-world scenarios to classify and record as capital or expense, by function and by account - the hands-on application of everything covered in Modules 2 through 6.
A recap of the course framework and where to go next with real transactions on your desk.
