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281.G1 Understanding Basic Accounting and Financial Statements for an Electric Distribution Co-op
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281.G1 Understanding Basic Accounting and Financial Statements for an Electric Distribution Cooperative

When: Monday, May 20, 2019
9:00 AM
Where: Electric Cooperative Training Center
955 Rumble Road
Forsyth, Georgia  31029
United States
Presenter: McNair, McLemore, Middlebrooks & Co., LLC
Contact: Lauren Dodson

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This 1 day course (6 CPE Credit Hours) covers the fundamentals of utility accounting. This course is intended for utility accountants as well as those involved in related jobs that have a need to understand how accounting and financial statements affect other aspects of the business. This course will cover the basics of utility operations and terminology, and will cover the following accounting topics:


·       An overview of accounting for the utility industry (e.g., FERC or RUS).

·       Accounting concepts and fundamentals.

·       Understanding financial statements the general ledger and subsidiary ledgers.

·       Reviewing statistical data pertinent to the utility industry.

The tuition for this course is $195 per participant and includes course materials and lunch. Your cooperative will be invoiced upon completion of the course. If you have any additional questions, please contact Lauren Dodson at


Meet Your Instructors

Terry McMichael

Terry McMichael is a 2005 graduate of the University of Georgia Terry College of Business, and has been practicing public accounting for 14 years in McNair, McLemore, Middlebrooks and Co.'s Not-For-Profit group. Terry was admitted as a Partner of McNair, McLemore, Middlebrooks and Co in 2015. He is a member of the Georgia Society of Certified Public Accountants, AICPA, Chartered Global Management Accountants and National Association for Cooperative Accountants with a primary practice focus in audit and taxation of Not-For-Profit organizations in the Southeastern United States.

Jason Peacock

Jason A. Peacock is a partner at McNair, McLemore, Middlebrooks and & Co., LLC and a member of the firm’s electric utility practice group. He has over 20 years audit experience specializing in not-for-profit entities with an emphasis in electric utility related audits and special projects.  He is a Certified Public Accountant (CPA) and holds his Certified Information Technology Professional (CITP) credential. In addition, he is a member of the AICPA, Georgia Society of CPAs, and several professional accounting associations.  

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