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Understand the complete work order process — from opening a work order and issuing materials, through applying overhead and closing to plant. Practical training built for utility and co-op accounting professionals who need to apply this on the job.
CPE Hours
Work orders are the core accounting tool for tracking the costs of capital construction projects at electric utilities and cooperatives. But understanding how a work order actually works — from the moment a project is initiated to the day it's closed to plant — is something many utility accountants learn piecemeal on the job.
This course walks you through the entire lifecycle in a single, cohesive learning experience. You'll see how materials are issued, how labor and overheads are added, how standard units are applied, how the work order closes, and how property records are established. Clear explanations, real utility examples, and hands-on exercises make the process concrete and job-ready.
Trace the complete lifecycle of a work order from project initiation through close to plant
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 an overview of the work order process, course roadmap, and learning objectives. | 1.1 – Introduction | 1.2 – Welcome! Course overview, learning objectives, and tips for success | 1.3 – Your learning journey
Explains how materials are issued from inventory to a work order and the accounting entries involved. | 2.1 – Issuing Materials to the Work Order
Covers how labor costs and overhead allocations are charged to a work order, including an interactive flip-card exercise. | 3.1 – Adding Labor and Overheads to the Work Order | 3.2 – Flip-Card Exercise: Work Order Accounting Concepts
Explains the standard unit method for closing a work order to plant, with review questions. | 4.1 – Closing the Work Order with Standard Units | 4.2 – Review Questions 1
Completes the lifecycle with work order close, property record establishment, a cost classification exercise, and the NASBA-compliant final exam. | 5.1 – Work Order Close, Property Records, and Course Summar | 5.2 – Review Questions 2 | 5.3 – Exercise: Classify the Work Order Costs | 5.4 – Course Evaluation | 5.5 – Final Exam (5 questions, 70% to pass) | 5.6 – Your Journey and Future Path!
