Note:

Online registration is currently closed, but spaces are still available. If you would like to attend this event, please call NWPPA at 360-254-0109, and our staff will be happy to help you.

Who Should Attend:

Employees involved in any aspect of preparing and/or processing work orders for their electric utility, or employees outside the accounting area who want a better understanding of the work order process.

Program Description:

Public utilities’ biggest investment is the electric infrastructure assets including poles, wire, and transformers needed to deliver electricity. It’s a complex process to take raw materials, labor, and overheads and convert them to our organization’s largest asset. This workshop will provide an overall understanding of the work order system, how the investment gets paid for, and an exploration of numerous components within the work order system.

Learning Objectives:

Day One:

• Learn about the history of the Rural Utility Service (RUS) loan program requirements and procedures. These topics will provide a baseline understanding of how and why we have done things the way we have in our work order processes. By understanding what is required for RUS to approve loan funds for plant, we can better understand the work order processes.
• Understand classifications, 740c codes, new construction, system replacements, and retirement of plant. What is a work order, unit, assembly, and CPR? Understand when to capitalize costs or expense them. What’s so special about special equipment? What about depreciation? What is the impact of using contract labor versus in-house labor?
• Experience and interact with the overall work order process, and micro processes within it.

Day Two:

• Not only is the work order accounting system complex, it’s expensive. How are we going to pay for this infrastructure investment? What about repairs and maintenance? And storms? Or Federal Emergency Management Agency payments from a declared disaster? How about contributions in aid of construction (CIAC)? How do rates recover all these costs?
• When does a work order need to be set up? What do I need to know about a staking sheet? Other topics will include inventory, overhead allocations and factors, closing of work orders, stores expense, standard costs, and internal controls.
• Apply an understanding of workshop concepts by participating in exercises that challenge the idea of that’s the way we’ve always done it.

Together, we will step through this intricate process to understand the components, as well as understand how it shows up on the monthly billing statement to the consumer.

Program level: Beginner

Prerequisite: None

Advanced preparation: None

Delivery method: Group Live

Recommended field of study: Accounting 5.0 and Finance 4.0

Recommended CPE: 9.0

Course Instructor:

Teri Wallis, Terilyn Wallis Consulting

Course Schedule:

Registration will begin at 8 a.m. on the first day, and the class will run from 8:30 a.m. to 4:30 p.m. on both days. Lunch, as well as morning and afternoon breaks, will be provided.

Course Location and Hotel Information:

Hilton Sacramento Arden West
2200 Harvard Street
Sacramento, CA 95815
(800) 344-4321

Room rate: $159 for a single/double

Please book your room as soon as possible, but no later than February 4, 2020, to secure this rate. Mention that you are coming in with the NWPPA group (group code NWP) when booking your reservation. Or book online using the following link: http://bit.ly/nwppafeb2020

How to get to and from the hotel from the Airport

You can utilize Super Shuttle to get from the airport to the hotel. Rates start at $17 per person one way. You can also contact Elizabeth Altamirano at Super Shuttle at (916) 648-2500 Ext 6481301 or email her at ealtamirano@supershuttle.com to see if there would be any additional discounts for your group.

Course Fees:

Continuing Hours:

Other continuing hours: This course qualifies for 12 CEUs. NWPPA certificates will be issued upon full completion of the webinar.

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.

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.