Start Date: 2/12/2025 9:00 AM CST
End Date: 2/13/2025 12:00 PM CST
Venue Name: Florian Gardens Conference Center
Location:
2340 Lorch Ave
Organization Name:
Wisconsin Electric Cooperative Association
Contact:
Registration: 8:30 a.m.
Program (Day 1): 9 a.m.-4 p.m.
Program (Day 2): 9 a.m.-12 p.m. (no lunch served)
ROOM BLOCK
Holiday Inn South
4751 Owen Ayres Court
Eau Claire, WI 54701
(715) 830-9889
Room Block Name: Wisconsin Electric Cooperative Association or WECA
Room Block Rate: $121 (double queen)
Room Block Expires: Friday, January 10
Room Block Link :
February Room Block Rooms may be available under the room block after the cut-off date only if the hotel has rooms available. Contact the hotel directly to book rooms after the deadline. Work Orders Accounting Workshop 2-1/4 Skill Builder Credits
WHO SHOULD ATTEND
Any and every employee that has direct or indirect work responsibilities relating to work orders or any portion of the work order process from start to finish will benefit from attending. If you are new to a role or position at your cooperative, or new to the cooperative, this workshop is designed for you. Work Orders training is perfect for all operations and engineering-related staff, line staff, crew leads, foreman, line superintendents, district supervisors, operations managers, staking, engineering, and work order coordinators, to name a few. GIS and mapping staff, warehousing and material related positions, plant accounting, accounting and finance staff, those who coordinate new services and members. Managers, administration, and leadership will all gain an overall understanding of the process.
For almost all electric cooperatives and utilities, the biggest investment is the electric infrastructure assets including poles, wire, transformers, and the like. It’s a complex process to take raw materials, labor, and overheads and convert them to a continuing property record (CPR). Are we capitalizing the costs or expensing them? What about depreciation? Not only is the work order accounting system complex, it’s expensive. How are we going to pay for this infrastructure investment? What about repairs and maintenance? And storms? Or Federal Emergency Management Agency (FEMA) payments from a declared disaster? How about contributions in aid of construction (CIAC)? What is so special about special equipment?
Beyond that, there are many details, such as when a work order needs to be set up. What do I do with this staking sheet (electronic or paper)? And once the project is complete, then what? Together, we will step through this intricate process to understand the components, as well as understand how it shows up on the monthly billing statement to the consumer. Measuring and benchmarking ratios and internal controls are critical when it comes to the biggest investment on the balance sheet.
This course is designed for any and all employees to benefit from the working knowledge of this critically important process.
*This is a 1½-day program ending at noon on the second day.
