Telephone Plant Accounting

Location:
Online
Fall Session:
Oct 21, 2020, 9:00 AM to Oct 23, 2020, 12:00 PM PST
Credits:
9
Price:
$450 per person

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

Additional Information

Sessions

  • Oct 21, 2020, 9:00 AM to Oct 23, 2020, 12:00 PM PST
    Register

Speakers

Gregg Amend, CPA, Partner, Moss Adams

Gregg has specialized in the telecommunications industry since 1997. He is primarily responsible for overseeing audits of rural ILECs, CLECs, wireless carriers, internet providers, broadband voice and data transport companies and other telecommunications service providers throughout the United States and in Canada.

Camille Christiansen, CPA, Partner, Moss Adams

Camille has been providing audit and consulting services to small and mid-sized rural telecommunications companies since 2001. Camille manages financial audits of wireline ILEC & CLEC commercial and cooperative enterprises, wireless and international carriers, cable television companies, and fiber transport companies. Services to her clients include financial statement preparation and review, cost allocation manual review, plant accounting, internal control design and review, and accounting and property record development.

CPE Information

Program Level:
Basic
Credits:
Accounting: 9
Delivery Method:
Webcast
Learning Objectives:

After completing this training, participants will be able to define the plant accounting cycle and the concepts of how network assets drive financial performance for diversified regulated rural carriers; identify the definition of terminology and types of equipment, various network structures; and describe how the network is used to provide the different types of services (POTS, broadband, video) offered by a typical modern rural carrier.

Prerequisites:

None

Target Audience:

Individuals; Internal Accountants; Managers

Refund Policy:

For more information about administrative policies regarding CPE, refunds or complaints, please contact meetings@mossadams.com.

Moss Adams 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 the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.