The utility environment in which electric cooperatives compete is
more advanced and quickly evolving than ever before. The industry
is shifting with regulatory and power supply issues changing the
face of the industry. Now more than ever, electric cooperatives
are looking at the financial path of the cooperative, ensuring they
are providing the best value to their members.
Empower your staff to guide the cooperative during these times with
financial forecasting techniques, the ability to identify important
trends and the knowledge to fully utilize the cooperative's forecasting
models.
What
you will learn: |
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How can financial forecasting improve planning
at my cooperative? |
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How do I project pro forma financial statements? |
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How can I project revenue and purchased power expenses,
especially when they have been fluctuating so much? |
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How do I build plant additions into my financial forecasts?
What do I do if I am unsure what plant additions we will actually
make? |
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How do I account for debt service costs in a financial forecast? |
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What financial forecasting methods can I carry over into
my cooperative's planning activities? |
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Under certain scenarios, how can I tell if we will meet
our revenue requirements? Will this tell me if we need to
consider a rate increase? |
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How do I evaluate financial goals and system performance?
How do I set benchmarks and which do I choose? |
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Why you
should attend: |
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Build financial forecasts with confidence. |
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Know the forecasts you are using provide the best information
possible for the decisions you face. |
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Gain better insight into the financial position of the cooperative. |
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Course
outline: |
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Projecting Pro Forma Financial Statement & Developing
Forecast Drivers |
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Building a Financial Forecast |
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Using the Financial Forecast as a Planning Tool |
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Developing Long-Term Budgets |
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Creating Sensitivity/What If Analysis |
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Establishing Benchmarks for System Performance |
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Course
takeaways: |
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Course Manual and examples
|
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Completed base case and financial forecast
|
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Who
should attend: |
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General Managers, CFOs, Assistant
Managers, Office Managers, Engineers, Accountants or anyone
who prepares financial forecasts and budgets. |
