| Day |
 |
Time |
|
|
Topic |
|
| 1 |
|
8:00
AM - 8:15 AM |
|
|
Welcome
and Overview
|
|
| 1 |
|
8:15
AM - 10:00 AM |
|
|
Introduction
to Property Accounting
- Stages of Life Cycle
- Work Order System
- FERC Chart of Accounts
- Continuing Property Record
- FERC Regulations
- Plant Assets
- Asset Costs/Original Costs
- Retirement Units
- Sale of Assets
- Plant Catalog
- Depreciation
- Operating Unit
- Cost of Removal
- Depreciation Studies
- Capitalized Interest/Equity
- Key Words/Phrases
- GAAP vs. Regulatory Accounting
|
|
| 1 |
|
10:00
AM - 10:15 AM |
|
|
Refreshment
Break
|
|
| 1 |
|
10:15
AM - 12:00 PM |
|
|
Construction
Cost and Plant Investment
- CWIP Cycle
- Work Orders: Types & Contents
- Property Accounting Review
- Authorization for Expenditures
- Components of Cost
- Overheads
- Completion of Project
- Unitization Process
- Close to Gas Plant in Service
- Construction & Investment Issues
|
|
| 1 |
|
12:00
PM - 1:00 PM |
|
|
Lunch
|
|
| 1 |
|
1:00
PM - 2:15 PM |
|
|
CONTINUING
PROPERTY RECORDS
- Definition of CPR
- Purpose of CPR
- Control of Work Orders
- Unitization Overview
- Analysis of Work Orders
- Investment Activity
- Retirement Activity for CPR
- Posting to Account 101
- Pricing of Retirements
- CPR Transfers
- Completion of Unitizations
- Case Studies
|
|
| 1 |
|
2:15
PM - 2:30 PM |
|
|
Refreshment
Break
|
|
| 1 |
|
2:30
PM - 3:45 PM |
|
|
DEPARTMENT
INTERFACES AND INTERACTION
Certificates (legal) Internal Audit Rates Gas Sales / Acquisition Transportation & Exchange Insurance Tax: Income and Property Financial Statement Reporting General Accounting Budgets & Planning Engineering Operations FERC Auditors State Regulators |
|
| 1 |
|
3:45
PM - 4:45 PM |
|
|
Round
Table Discussion Session
Be sure you submit in advance your questions for discussion with our outstanding group of course instructors.
Review / Q & A
|
|
| 1 |
|
4:45
PM - 4:45 PM |
|
|
Adjourn
|
|
