Utility Accounting & Business Seminars
Capital Credit Strategies
November 10, 2008
Excalibur Hotel
Las Vegas, NV
$470 1-day course
CPE Credits: 6
Who Should Attend?
Many cooperatives seek to change their approach to allocating and paying capital credits to increase revenue and build capital with methods that keep pace with new services and competition.
This course is designed more for cooperative managers and accountants. Outside CPAs and tax advisors who have advanced co-op experience should attend the Annual Advanced Co-op Tax Forum.
What You'll Learn
- Overview of taxation and legal issues related to capital credits
- Relating cooperative goals to capital credit strategies
- Corporate structure alternatives for new services
Membership (including multiple classes) vs. nonmember patrons vs. subsidiary - Allocation strategies
Revenues included and alternative allocation methods; pros and cons of not allocating nonoperating margins; treatment of competitive cooperative and subsidiary services - Payment strategies
FIFO, percentage and hybrid methods; payment schedules for patronage and nonpatronage allocations; discounting and rate options, issues related to permanent capital
Special Emphasis
- Using a basis other than patronage for allocating nonoperating margins
- Methods to provide incentive for members to use the cooperative for long distance service
- Attractive alternative to the traditional access minutes-of-use allocation component
- Strategies for implementing change – member, board and management approvals; customer notifications
Instructors
Cheri Burnham
Moss Adams LLP
Rick Betts
Moss Adams LLP
Tom Strait
Washington Utility Group
Utility Seminar Contacts
Registration information
Karen Arndt
509-777-0153
Course Content Information
Cheri Burnham
509-777-0122
