Accounting for Income Taxes: Rate-Regulated Utilities
Coming Fall 2013
This seminar reviews the specific issues in applying Income Taxes, Topic 740, to rate-regulated utilities. The course explains the issues and exceptions under Regulated Operations, Topic 980, including flow-through accounting and changes in tax rates, and includes examples involving computations and journal entries related to flow-through accounting, excess deferred income taxes and investment tax credits. The IRS normalization requirements are also summarized. The seminar covers the impact of deregulation and other current topics.
This one-day seminar has been designed with presentations, illustrations and group discussions to include overviews of income taxes, utility regulation and the significance of accounting for income taxes in setting revenue requirements for rate-regulated utilities. The seminar presumes a basic understanding of accounting for income taxes.
For more information or to schedule this seminar at your company, please contact: USEnergyTaxSeminars@deloitte.com.