Utility Finance and Accounting for Financial Professionals 2021 (C) | Financial Accounting Institute (FAI) | 24 May 2021 |
What is Qwoted?
Qwoted is a free expert network: we help reporters connect with experts & we help those same experts build relationships with top reporters.
| Event Date | Mon May 24 EDT - Thu May 27 EDT (over 3 years ago) |
| Region | Americas |
Details
Outline of the Seminar Topics:
• Rate of Return Regulation
– Basics of Ratemaking
– Determination of Rate Base
– Revenue Requirement Issues
• Modifications to Rate of Return Regulation
– Adjustment Clauses, Trackers, Riders, Deferrals
– Rate Freezes, Decoupling
– Preapprovals
– Formula Ratemaking
• Energy and Gas Adjustment Clauses
GAAP For Utilities
– Why and How GAAP Differs
– Plant Write-Offs
– Regulatory Assets and When to Remove Them
• Capitalization Versus Expense
– GAAP, Tax, Ratemaking and Managerial Accounting
– Influences and Motivations
– Problems in Recovery of Plant Costs
– Retirement Units of Property
• Plant Issues
– Accounting for Plant Retirement
– Risks of Reserve Deficiency
– Asset Retirement Obligations
– Mass Property Accounting
• Accounting for Income Taxes
– Permanent Differences
– Temporary Differences
• A Problem of Definition
– Statement of Cash Flows
– Different Definitions for New Income, Op Inc and Cash Flow
• CWIP and AFUDC
– AFUDC versus Interest Capitalization
Speakers
2021 Speaker
Joel Berk