Cost Recovery & Universal Service Fund Strategies

Planet Hollywood Resort & Casino
3667 S. Las Vegas Blvd.
Las Vegas, NV 89019
Fall Session:
Sep 18, 2019, 8:30 AM to Sep 20, 2019, 12:00 PM PST
$1,205 per person. Hotel accommodations are not included.

Our Cost Recovery and Universal Service Funds (USF) Strategies Seminar provides an overview of key cost certification studies, cost separations, and universal service funding processes.

The training is ideal for company personnel who participate in internal cost studies preparation, are responsible for coordinating cost studies performed by outside consultants, or are responsible for reviewing and certifying cost studies and USF filings to the National Exchange Carrier Association (NECA) and the Universal Service Administrative Company (USAC).

Who Should Attend

This seminar is designed for rural incumbent local exchange carrier (ILEC) management, financial staff, and regulatory staff who require a general understanding of the cost separations and universal service funding processes as well as an in-depth understanding of how a cost study can be used for business planning and regulatory purposes.

What You’ll Learn

  • Cost study preparation. How regulatory agencies use the cost study to determine rates; how your company can best prepare for and use a cost study; Parts 32, 36, 64, and 69 of the Federal Communications Commission (FCC’s) rules; the relationship between the cost study and USF in ILEC cost recovery
  • Cable and wire facilities study. The different types of plant that make up the broad category of cable and wire facilities, using route diagrams and circuit records as a basis, with a focus on the categorizing these facilities and developing continuing property records
  • Central office equipment study. A look at the types of plants that make up central office equipment—switching, transmission and circuit, and power and common—with a focus on the categorization and development of continuing property records
  • Expense study. The major expense categories involved in a cost study—plant-specific, plant-nonspecific, depreciation, local business office, corporate operations, and taxes—with a focus on making sure expenses are booked appropriately for accurate recovery
  • Other studies. Traffic studies, local business office studies, cash working capital, and more
  • Strategies and tactics. The impact of management, regulatory, and network decisions on a company’s revenue streams, with a focus on interstate and intrastate allocations, regulated and nonregulated investments, lease versus buy decisions, network design implications, and jurisdictional earnings; a review of DSL and broadband deployment, host-remote versus host concentrator switching, assignment of spare cable and wire facilities, and lead-lag studies; and a look at cost studies as a tool to review jurisdictional earnings and the impacts on intrastate
  • Access charge reform. Updates on pending access charge, universal service funding, and intercarrier compensation reform

Dates and Times: Wednesday-Friday, September 18-20, 2019

  • Day 1: 1:00 p.m.-4:00 p.m.
  • Day 2: 8:30 a.m.-4:00 p.m.
  • Day 3: 8:30 a.m.-12:00 p.m.

Additional Information


  • Sep 18, 2019, 8:30 AM to Sep 20, 2019, 12:00 PM PST


Aaron Sedler, CPA, Partner, Moss Adams

A member of the firm’s Communications & Media Practice since 2004, Aaron dedicates his time primarily to regulatory compliance for telecom companies, focusing on separations and access studies; financial forecasts; strategic planning; and universal service filings. His clients are small and mid-sized rural telecoms, as well as wireless, CATV, and Internet companies. A frequent national speaker on telecom finance, accounting, and regulatory issues, he is also regularly engaged by telecom companies, state, and national associations, as well as other industry organizations for presentations on various topics facing the industry. Aaron is a lead instructor for MA telecom education programs.

Ira Taylor, Senior Manager, Moss Adams

Ira has practiced public accounting and cost consulting since 2004. He’s a member of the firm’s Technology and Communications & Media Practices and focuses on cost separations and regulatory compliance. He supervises consulting engagements for small and midsize rural telecommunication companies, providing cost study preparation and reviews, Universal Service Fund settlement studies, financial statement forecasts and projections, continuing property records, lead lag studies, state access rate development, RUS loan applications and forecasts, and financial statement preparation. His clients include wireline ILEC & CLEC commercial and cooperative enterprises, wireless carriers, cable television companies, fiber transport companies, and telephone associations.

Nick Huckaby, Consulting Manager, Moss Adams

Nick is involved in assurance and consulting services performed by the Moss Adams Telecom Group. He has specialized in assurance services, cost study development, continuing property records, forecasting, lead-lag studies, and other regulatory compliance since 2010. Nick has worked on assurance and consulting engagements with small and mid-sized rural telecom companies. His clients include wireline ILEC & CLEC commercial and cooperative enterprises; wireless carriers; fiber transport companies; cable television companies; and telephone associations.

CPE Information

Program Level:
Specialized Knowledge and Application: 14
Delivery Method:
Learning Objectives:

After completing this training, participants will be able to describe the cost separations and universal service funding processes; and identify how a cost study can be used for business planning and regulatory purposes.



Target Audience:

Controllers; Internal Accountants; Managers

Refund Policy:

For more information about administrative policies regarding CPE, refunds or complaints, please contact

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: