The ABC’s of Electrical Systems
1 Day: This course provides a basic survey of electric utility operations, from generation at the power plant to distribution to the end-use customer. Participants learn how to improve business transactions for customers. This is a basic overview course targeted only for the non-technical employee or board member.
Introduction to Pricing & Rate Design
2 Days: Energy technology continues to change metering, efficiency and customer expectations for innovation. Understanding pricing and rate design at the distributor level and how it must flex to keep up with new technology is more critical than ever.
Utility Accounts Classification & Principles
1 Day: This course will train you on classifying transactions/activities within the TVA/Federal Energy Regulatory Commission account system and give insight into the big picture of the business. You will learn how each small job is related and benefits the end result. You will practice recording journal entries and preparing basic financial statements. After completion of this course, you will gain a better understanding of the FERC and their Uniform System of Accounts.
Time Management
1 Day: Everyone’s relationship with time is different; therefore, strategies vary from person to person. In this class, you will assess your own challenges with time management and discover multiple methods for conquering time issues, ultimately choosing the right ones for you.
Internal Controls & Fraud Protection
1 Day: This course covers the accounting and financial functions of a utility system. Participants study why employees commit fraud, reporting requirements and the importance of good internal controls. The second half of the day will cover applications related to internal controls. Other topics include inventory loss prevention, financial statement fraud and ethics. Participants will work with others to review and solve fraud-specific case studies from local power companies.
Work Order, Inventory & Plant
1 Day: This class will introduce you to the work order system and how it operates in a utility. Participants will see how the work order system processes impact each department of the utility and gain a better understanding of each other’s responsibilities. It is designed to give the participants a high-level overview of manual work order closing from the time a work order is approved until it is completed and its plant units and costs are closed.
Legal Review for the Accounting Professional
1 Day: This class provides a detailed look at legal issues that electric utility accounting professionals face. The class covers the latest changes in the law, updates on wage and hour litigation, the preservation of documents and other evidence in liability lawsuits and more.
Budgeting, Finance & Accounting for Accountants
1 Day: This course covers the accounting and financial functions of a utility system. Participants study basic accounting practices and procedures including balance sheet, income and operating statements, plant accounting and more.
