Who Should Attend?
This seminar is ideal for personnel with duties involving financial analysis and reporting or budgeting and with a solid understanding of the fundamentals of the industry.
What You'll Learn
Industry Accounting Update
FCC, Rural Utilities Service, and Government Accountability Office rulings, as well as changes in US Generally Accepted Accounting Principles (GAAP) that directly impact telcos.
Cost Study, Intercarrier Compensation Reform, and USF Overview
A concise overview of accounting analysis related to cost studes; analyzing your cost study and USF calcuations, including explaining variances; year-end accruals and recording over-earnings; and strategies to help you navigate the impacts of theFCC reform of intercarrier compensation and Universal Service funding.
Affiliate Transactions and Nonregulated Cost Allocations
The industry is under increased scrutiny with regard to Part 64 and has been exposed to criticism regarding Universal Service support and cross-subsidization issues. This course will cover:
- Devleoping and implementing practical cost-allocation procedures
- Allocating direct and indirect expenses and affilliate transaction-pricing rules
- Identifying and allocating join-use plant, Internet, wireless, switching, and video
- "Off book" allocations related to the preparation of cost studies
Internal Controls
Assessing risk and establishing controls; how to document and test internal controls; actual telco case studies; and corporate ethics, whistleblower, and other policies
Management Reporting and Data Analysis
Suggested data to be tracked in addition to the basic internal monthly financial statements
Instructors
- Camille Christiansen, Moss Adams LLP
- Chris Skidmore, Moss Adams LLP
Let us bring this course to your location
Courses in the Telecom Accounting Series
- Telecom 101
- Intermediate Telecom Accounting
- Telephone Plant Accounting
- Wireless Accounting & Finance Workshop
- Corporate Tax Accounting for Regulated Telcos
Telecom Seminar Contacts