2017 JSI Fall Financial Seminars

JSI’s Fall Financial Seminars 

We hold our Fall Financial Seminars in late September of each year in the same location on consecutive days to give everyone the opportunity to attend both the Accounting and the Separations & Access seminars. Check back in early 2018 for next year’s dates and location! 

And in the meantime, you can get an idea of the topics covered in each seminar by looking at the 2017 seminar descriptions below.

We hope to see you in 2018!

JSI’s Part 32 & Part 64 Accounting Seminar provides a detailed review and explanation of the FCC’s Part 32 and Part 64 accounting principles and applications. JSI staff discuss and analyze specific issues raised by the FCC’s changes to the Part 32 accounting system and by increased regulatory scrutiny of the Part 64 allocation mechanisms. This seminar also covers the ongoing audits and reviews that have been implemented by USAC and the FCC.

This is a basic level course for accountants, bookkeepers, and auditors, as well as telco staff looking to gain a better understanding of telecommunications and FCC accounting requirements. Attendees are eligible for 8 hours of CPE credit (see below for more information).

2017 Topics:

  • Part 32/64 Introduction
  • Part 64 and elements of the Cost Allocation Manual (CAM)
  • NECA & USAC audits
  • Rate base
  • Operating revenues
  • Expenses
  • Taxes

2017 Learning Objectives: At the end of the seminar, attendees will be able to:

  • Compare and contrast FCC Part 32 accounting rules with GAAP accounting procedures
  • List the primary area of focus of USAC OIG and other audit processes
  • Determine and be able to apply Part 64 allocation procedures to joint and common cost pools

The seminar will begin at 8:00 a.m. and conclude at 5:00 p.m. Lunch and refreshments will be provided.

Attendees receive the seminar materials, as well as an electronic version of JSI’s Accounting Manual for the Independent Telephone Company. The seminar includes lecture, group discussion, and sample accounting problems. Everyone is encouraged to participate. Dress for all JSI seminars is business casual.

CPE Information

CPE Credits & Information: This course provides 8 hours of Accounting CPE credit. The Accounting Seminar is considered an “Overview” program through NASBA classification. No prerequisites or advanced preparation is required for this course.

Delivery Method: All JSI seminars are “group-live” sessions as defined by NASBA.

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

Questions?

For questions or complaints about the seminar, registration, refunds, or program cancellation policies, please contact Leah Yoakum, Seminar Administrator, at 301-459-7590.

The FCC’s continuing changes to both the universal service and access charge regimes add levels of complexity to the cost settlement system and could significantly threaten your settlements and revenue streams. Understanding the allocation of costs and maximizing cost recovery, especially with the current pressures on your revenue streams, is critical to continued success. JSI’s Separations & Access Seminar focuses on responding to today’s broadband network and services, in addition to its usual assessment of cost settlements, regulated and non-regulated allocations, jurisdictional categorizations, access procedures, and intercarrier compensation. The 2017  seminar included the latest about the FCC’s A-CAM model and implementation issues, as well as changes to USF and NECA pooling for those companies that do not opt for a model-based support mechanism.

This is a basic level course for separations, settlement, and access personnel new to this area or company, or with responsibility for financial or operational issues. Other management, financial, and regulatory staff who rely on or make use of separations and access data will also benefit from this seminar. Attendees are eligible for 20 hours of CPE credit (see below for more information). 

2017 Topics:

  1. Separations concepts and principles
  2. Settlements and compensation
  3. Accounts affecting the separations process:
    • Part 32, USoA
    • Part 64
    • Regulated / non-regulated allocations
  4. NECA cost issues
  5. NECA & USAC audits
  6. A review of the cost study and cost allocation process, including the analysis of the telephone network, operating expenses and other inputs
  7. Broadband
    • Potential policy shifts
    • Current and proposed settlements
  8. Part 69 – Access Charges and the Recovery of Interstate Costs
  9. Federal Universal Service Funding
    • Overview of the categories
    • Current and proposed policy shifts
  10. Emerging trends and issues
  11. Projecting future revenue streams associated with Universal Service and FCC access charges

2017 Learning objectives:
At the end of the seminar, attendees will be able to:

  • Compare and contrast the FCC Part 36 Separations rules for various Part 32 Accounting groups
  • Show a better understanding of the FCC’s A-CAM Model and upcoming changes to USF and NECA pooling.
  • Identify the primary drivers of Federal High Cost Loop and other USF mechanisms
  • Define the steps involved in determining the Interstate Revenue Requirement

The seminar will begin at 8:30 a.m. each day, and conclude by 5:00 p.m. on days one and two, and by noon on day three. Lunch will be provided the first two days, as well as refreshments throughout the session. Dress for all JSI seminars is business casual.

CPE Information

CPE Credits & Information: This course provides 20 hours of Specialized Knowledge and Applications CPE credit. The Separations & Access Seminar is considered an “Overview” program through NASBA classification. No prerequisites or advanced preparation is required for this course.

Delivery Method: All JSI seminars are “group-live” sessions as defined by NASBA.

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

Questions?

For questions or complaints about the seminar, registration, refunds, or program cancellation policies, please contact Leah Yoakum, Seminar Administrator, at 301-459-7590.

2017-09-19T11:00:20+00:00 February 2nd, 2017|Fall Seminars|