Event Profile

The Financial New Normal in the COVID-19 World - CANCELLED

Date(s):
September 23 — 30, 2020
Venue:
Online
Description:

Note:

This event has been cancelled. For questions or to find out about future training opportunities, please contact Jenny Keesey at (360) 816-1458 or jenny@nwppa.org.

Who Should Attend:

CFOs, CEOs, COOs, financial analysts, accountants, operations managers, member/customer managers, and anyone who is determining the short- and long-term impacts of COVID-19 on their utility.

Program Overview:

This year has brought us new challenges, or are they opportunities? There is much to consider as we experience and forecast COVID-19's impacts on short-term and long-term economic outlooks. This two-part webinar series will integrate skills and steps for analysis with problem-solving strategies that can be used to evaluate options and outcomes.

This two-part webinar will combine learning, discussion, interaction, and application to your utility’s situation, and will be updated with the most current indicators of the pandemic. Participants will apply what they learn between sessions through an activity that will be discussed during the second webinar.

Session One: Internal and External Impacts (September 23, 2020)

  • Revenue analysis (lost revenue, economic impact, new environment, etc.)
  • Rate analysis (current rate structure and understanding your power bill components)
  • Change of rate structure
  • Expense analysis (Will cost of power decrease? What else can decrease?)
  • Work plan analysis (Adjust long-term plan due to reduced demand, replacement required?)
  • Margin analysis (What did COVID-19 reveal?)

Session Two: Application, Discussion, and Activity (September 30, 2020)

  • Illness in the workplace
  • Retirements/shortages
  • Replacements (How do we train new employees?)
  • Financial impact
  • Telework (surviving, thriving, technology status, internet availability)
  • Balance sheet (updates to assets projections, accounts receivable, impact to our purchased power contracts, debt management considerations)

    Program level: Intermediate

    Prerequisite: None

    Advanced preparation for this webinar is not required

    Delivery method: Group Internet Based

    Recommended CPE: 1.5

    Recommended field of study: Management Services and Organization 1.0 and Economics 0.5

    Other Continuing Hours: This course qualifies for 1 hour 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, Terilyn Wallis Consulting

Program Schedule:

The webinars will be held from 10 to 11:30 a.m. PST on September 23 and 30. Attendees will be admitted 15 minutes before each webinar begins. Recordings will be available to participants after the webinar.

How to Participate:

Instructions will be emailed to attendees 12 hours before each webinar and we recommend that you test the link to the meeting as soon as you get the instructions. The webinars are best viewed using Chrome as your browser. We recommend that you use a landline for both your phone and your internet connections.

This registration is for one person to attend. We manage our webinars on an honor-system basis; if more than one person from a utility wishes to attend, each is to register separately.

Program Fees:

Utility Member Rate: $180
Associate Member Rate: $270
Non-Member Rate: $540

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 website: www.nasbaregistry.org.

For More Information:

To find out more about this event, or to learn about other events, view the Training and Event Catalog.