Practical solutions that optimize accounting and improve business processes for utilities and cooperatives.
Advisory Services
Interim or full-time expertise for co-ops or utilities in transition. We maintain your general ledger, reconciliations, and financial reporting while providing board-level support.
Key Services
- General ledger maintenance & month-end close
- Financial statement preparation (Monthly, Quarterly, Annual)
- Board reporting & Budget development
- Audit coordination and team training
Complex interpretations for regulatory compliance. We recommend accounting for decommissioning, regulatory deferrals, and other intricate transactions.
Common Advisory Areas
- Decommissioning Costs & ASC 980 / GASB 62 applications
- Revenue Recognition & Decoupling mechanisms
- AFUDC calculations and Plant Accounting
- CIAC (Contributions in Aid of Construction)
Building the "Accounting Bridge" between FASB/GASB standards and the specific needs of utility operations.
Recent Implementations
- ASC 842 / GASB 87 (Leases)
- ASC 606 (Revenue Recognition)
- GASB 96 (SBITAs - Software Subscriptions)
Inefficient work order processes lead to incorrect asset valuations. We analyze your workflows to ensure accurate financial reporting and rate design foundations.
Process Focus
- Overhead allocation methods & Cost tracking
- Asset Retirement tracking & Capitalization policies
- Work order initiation and closure workflows
Areas of Expertise
Ready to Optimize Your Accounting Processes?
Contact us to discuss how our advisory services can support your objectives.
Schedule a Consultation