Event Profile

Managerial Accounting with Key Ratios - CANCELLED

May 13 — 14, 2020
Northwest Public Power Association
9817 NE 54th St, Ste 200
Vancouver, WA 98662 


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:

Anyone who has completed at least two modules of NWPPA's Utility Accounting Certificate Program, or anyone with significant utility accounting/finance experience.

Course Overview:

The financial statement of a utility is just a starting point. From there, accounting looks back—it's your brake lights, and it doesn't change anything—and financial management looks forward—it's the headlights, the beacon to guide your system's future, and the navigator. This course will navigate these strategies and include the following topics:

  • Key evaluation and development of strategies in billing, operations, engineering, communications, governance costs, and finance
  • Creating a healthy, realistic equity strategy
  • Evaluating cash flow
  • Adequacy in budget development and capital planning
  • Allocation and distribution of patronage capital credits

Your tool packet will include Excel spreadsheets that you can take home to shine a beacon of light on your system. These are navigational tools that, when used with good and accurate input information, will yield a rational course of direction to guide your utility forward.

What to Bring:

  • Two prior year-end financial statements
  • Line statistics, including:
    • Miles of overhead and underground lines
    • Number of services
    • Number of idle services
    • kWh purchased, sold, and “own” use
    • Average cost per kWh purchased
  • Material purchases for two prior years, as well as beginning and ending inventory of the same years
  • Employee statistics including:
    • Number of employees
    • Gross pay charged to capital accounts
    • Gross pay charged to expense accounts
    • Balance of other gross pay
    • Hours worked by all employees
    • Overtime hours worked by all employees
  • Number of directors (trustees, commissioners)
  • Total cost of pay, per diem, expenses of same directors
  • Total principal payments for each of the two prior years

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. both days. Lunch, as well as morning and afternoon breaks, will be provided.

Course Location:

Northwest Public Power Association
9817 NE 54th Street, Suite 200
Vancouver, WA 98662
(360) 254-0109

Suggested Hotels:

Best Western (.5 miles from training location)
9420 NE Vancouver Mall Drive
Vancouver, WA 98662
(800) 528-1234

No rooms have been blocked for this meeting. Please call the hotel or go online to get the best available rate for sleeping rooms.

Heathman Lodge (1.2 miles from training location)
7801 NE Greenwood Drive
Vancouver, WA 98662
(360) 254-3100

No rooms have been blocked for this meeting. Please call the hotel and mention NWPPA to receive our corporate rate.

Course Fees:

Utility Member Early Bird (ends 4/12/2020): $700
Utility Member Standard: $775

Associate Member Early Bird (ends 4/12/2020): $1,050
Associate Member Standard: $1,125

Non-member Early Bird (ends 4/12/2020): $2,100
Non-member Standard: $2,2175

Cancellation Policy:

Cancellations are accepted, with full refund, if request is made at least 30 days prior to the course. Within 30 days, fees are as follows: 15-29 days, $100; 1-14 days or "no show," 100 percent of registration fee. When possible, please send a substitute instead of canceling. NWPPA does not charge a fee for substitutions.

Continuing Hours:

This course qualifies for 12 continuing hours. Certificates are issued upon full completion of the course.

For More Information:

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