Virtual Financial Seminars

Did you miss our seminars? Purchase the recordings!

We’d hoped to see you all in Nashville this fall, but clearly 2020 and COVID-19 had other ideas. But because it is important for you to stay up to date on the latest information, we didn’t want to cancel our 2020 Financial Seminars. Instead, we held both our Accounting Seminar and Separations & Access Seminar as virtual seminars over a three-week period this fall on Tuesday, Wednesday and Thursday afternoons. And although the venue  changed, the information did not.

Recordings Available

Recordings of both seminars are available for purchase. You’ll receive links to each session and all of the seminar presentations.

  • Accounting Seminar: $695
  • Separations & Access Seminar: $995

Email Leah Yoakum if you’re interested in either recording.

CPE Credits Available in Some States

The National Association of State Boards of Accountancy (NASBA) is allowing us to give CPE credits through the end of the year for virtual seminars like these. But not every state is being so forgiving. Because your state boards of accountancy have final authority, you should check with them on the acceptance of these virtual seminar CPE credits. If you would like CPE credits for the virtual seminars, you must log into the meeting platform from your own computer for attendance purposes instead of gathering as part of a group in a conference room. Reach out to Leah Yoakum if you have specific questions about CPE credits.

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 specific issues of the FCC’s accounting procedures, including the “allowable” expenses for USF and NECA purposes, as well as increased regulatory scrutiny of the Part 64 allocation mechanisms. This seminar also covers the ongoing USAC and NECA audits and reviews.

Topics:

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

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

  • Understand how changes in FCC rules impacted Part 32 Accounting
  • 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

Attendees receive electronic copies of the seminar materials and JSI’s Accounting Manual for the Independent Telephone Company. The seminar includes lecture, group discussion, and sample accounting problems. Everyone is encouraged to participate.

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 7 hours of CPE credit (see below for more information).

Seminar Recordings

The virtual nature of the 2020 Accounting Seminar allows us to offer the recordings of the three sessions to those who are interested. The recordings are available for $695 and include the slides from the full seminar.

We cannot offer CPE credits for the recorded sessions.

CPE Information

CPE Credits & Information: This course provides 7 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, or program cancellation policies, please contact Leah Yoakum, Seminar Administrator, at 301-459-7590.

The FCC’s never-ending changes to the universal service and access charge regimes continue to add levels of complexity to the cost settlement system and 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. This year’s seminar will include continued reform of Universal Service funding mechanisms; data reporting and compliance for A-CAM electors; special access/BDS issues; using operational and financial data to manage for success; and federal and state grants and loans issues and opportunities.

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

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

  • Understand how changes in FCC rules impact separations and settlements
  • 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 Legacy Support mechanisms, including potential future issues
  • Identify the primary drivers of Federal High Cost Loop and other USF mechanisms
  • Define the steps involved in determining the Interstate Revenue Requirement

Attendees receive electronic copies of the seminar materials. JSI will be recording these sessions and will make the virtual seminar recordings available until the end of the year. The seminar includes lecture, group discussion, and sample separations problems. Everyone is encouraged to participate.

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 14 hours of CPE credit (see below for more information).

Seminar Recordings

The virtual nature of the 2020 Separations & Access Seminar allows us to offer the recordings of the six sessions to those who are interested. The recordings are available for $995 and include the slides from the full seminar.

We cannot offer CPE credits for the recorded sessions.

CPE Information

CPE Credits & Information: This course provides 14 hours of Specialized Knowledge 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, or program cancellation policies, please contact Leah Yoakum, Seminar Administrator, at 301-459-7590.