Join us for an online seminar that will provide a comprehensive overview of the plant accounting cycle and the concepts of how network assets drive financial performance for diversified regulated rural carriers.
Who Should Attend
Telecom professionals involved in the plant accounting, network operations, or record keeping functions will benefit from this course.
What You'll Learn
- The network. An in-depth overview of the telephone network, terminology and types of equipment, various network structures, and how the network is used to provide the different services a typical modern rural carrier (POTS, broadband, video) offers
- Part 32 accounting requirements. The impacts of part 32 requirements on rate making, the regulated rate base, settlements revenue, and universal service support
- Accounting for plant construction. Work-order systems; purposes, types, and components; work-order cost accumulation; the importance of accurate timesheets and materials tracking; and proper allocation of indirect charges, such as benefits and overhead
- Other plant-under-construction topics. Funds allowance during construction, contributions as aid, and abandoned projects
- Telecommunications plant in service. Components of plant in service and general ledger accounts, retirements and transfers, depreciation and amortization, and continuing property records
- Other topics. Accounting for acquisitions and capitalization rules
- Best practices. Strategies for improving the efficiency and accuracy of accounting for plant assets and the rate base, common plant accounting compliance challenges and recommended solutions, and how to increase settlements and universal service support revenue within the framework of Federal Communications Commission (FCC) regulations
Dates and Times: Wednesday–Friday | October 21–23, 2020 | 9 AM–12 PM PST