Note:
Thank you for your interest in this event. Registration for this webinar is now closed. For questions or to learn about future opportunities please contact Jenny Keesey at (360) 816-1458 or jenny@nwppa.org.
Who Should Attend:
CFOs, accounting staff, CEOs, managers, decision-makers, and those who recommend significant purchasing decisions at your utility.
Program Overview:
With so many financial metrics to focus on, which are most important? In this three-part series we will explore the equity ratio and the management of it. Managing your utility’s equity is a combination of balance sheet and income statement decisions and results. You will learn how decisions interact with the balance sheet, the income statement, and your equity ratio. Almost every decision made at your utility has an impact on your equity, so managing it is critical. With a clear understanding of equity ratio, you increase your ability to be an essential contributor at your utility. Bring your 2019 full year-end financial statements and let’s have some financial fun!
Program Objectives:
Session One:
- Understand the components of margins, growth (plant and other), and rotation of capital credits
- Consideration of business risks for high or low equity positions
- Growth: definition, determination, management
Session Two:
- Margins – how much do we need?
- Revolving or rotating your capital – impact and strategy
- Calculating and interpreting a return on equity requirement
Session Three:
- Application of equity concepts: strategy and operational guidance
- Ratepayer considerations
- System reliability considerations
- Maximizing your utility’s position for a successful future
- Planning for opportunities and risks
- Adjusting and responding: COVID-19, weather, economy, cost changes
Program level: Intermediate
Prerequisite: None
Advanced preparation for this webinar is not required
Delivery method: Group Internet Based
Recommended CPE: 3.0
Recommended field of study: Accounting 1.5 and Finance 1.5
Other Continuing Hours: This course qualifies for three hours of CEU. NWPPA certificates will be issued upon full completion of the webinar.
Registration Requirements: Please register online at www.nwwpa.org, or contact Gail Patterson, gail@nwppa.org.
Program Instructor:
Teri Wallis, Terilynn Wallis Consulting
Program Schedule:
Each webinar will be held from 9 a.m.-noon. Pacific Time. Attendees will be admitted 15 minutes before the webinar begins. Recordings will be available for attendees after the webinar.
How to Participate:
Instructions will be emailed to attendees 12 hours before the webinar and we recommend that you test the link to the meeting as soon as you get the instructions. The webinar is best viewed using Chrome as your browser. We recommend that you use a landline for both your phone and your internet connections.
Webinar Fees:
Individual Attendee Registration:
Unlimited Attendee Registration*:
Utility Member Rate: $675
Associate Member Rate: $1,015
*If your organization would like to send multiple attendees to this event, please contact Jenny Keesey at (360) 816-1458 or jenny@nwppa.org for further details.
Program Refund and Cancellation Policy:
Cancellations are accepted, with full refund, if request is made at least 30 days prior to the course date. Within 30 days, fees are as follows: 15-29 days, $100; 1-14 days or “no show,” 100% of registration fee. When possible, please send a substitute instead of canceling; NWPPA does not charge a fee for substitutions. To request a refund, please contact Gail Patterson, Registrar, at Gail@nwppa.org or (360) 816-1450. If registration was paid by credit card, a refund will be issued to that credit card; all other refunds will be issued via check. For more information regarding administrative policies such as complaints or refunds, please contact our office at (360) 254-0109.
Complaint Resolution:
NWPPA endeavors to resolve any and all complaints as expeditiously as possible. If a complaint is not resolved to our members satisfaction, please contact Scott Corwin, Executive Director at scottc@nwppa.org or (360) 816-1441. For more information regarding administrative policies such as complaints or refunds, please contact our office at (360) 254-0109.
NWPPA Code of Conduct:
NWPPA holds professional conferences, meetings, and other events to enhance the success of our members, and we are committed to providing a professional environment free of inappropriate actions or harassment. All attendees are expected to observe the Code of Conduct while attending an NWPPA event and while participating in any NWPPA-sponsored social or networking function.
The Northwest Public Power Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org.
