This interactive webinar series is specifically designed for cooperative accounting professionals to gain a comprehensive understanding of the RUS Uniform System of Accounts (RUS USoA). The series provides deep insights into accounting principles and procedures that RUS borrowers must follow to maintain their books and records. It offers a practical blend of theory and application and features hands-on exercises, real-world examples, the opportunity to engage with peers and gain insights from experts in the field. Through this highly-interactive online experience, you will gain the knowledge and confidence to immediately apply these accounting principles to your role.
By attending the series, you will develop practical skills in applying the RUS USoA to various accounting transactions, including asset and liability management, and will learn to prepare accurate balance sheets and income statements. Additionally, participants will explore how to use key performance indicators to manage the financial health of their co-op.
AudienceNew and seasoned co-op accounting and finance professionals
What You Will LearnBy participating in the series, you will be able to:
- Effectively support the co-op's financial health, ensure regulatory compliance and contribute to the overall success of your cooperative.
- Apply RUS standards to accurately record asset transactions and create a clear financial picture on the balance sheet.
- Use RUS standards to generate income statements on daily transactions that reflect the true financial performance of your co-op.
- Make informed financial decisions, ensuring the co-op remains financially robust and can fulfill its commitments to members.
- Apply RUS standards to calculate accurate construction project cost for inclusion in electric rates.
