During the Wisconsin Section of American Water Works Association’s (WIAWWA) 97th Annual Meeting, Baker Tilly’s energy and utilities is proud to speak on important topics related to municipal utility accounting and finance and information technology.
Value added cash reserve investment policies
Wednesday, Sept. 12 – 11-11:30 a.m. CT
Deciding how much cash your municipal utility should have or what to do with cash you have can be difficult. Dan La Haye, manager at Baker Tilly, will discuss benchmarks for reserves and best practices in developing reserve and investment policies.
IT controls for the non-IT expert
Wednesday, Sept. 12 – 11:30-12 p.m. CT
Daily use of computers and other technology demands that utility management consider the important of IT security. Amy Diestler, senior accountant with Baker Tilly, will explore the importance of IT controls often documented during an audit as well as best practices. Areas of discussion include passwords, access policies and limitations, backups, storage, physical access and more.
Utility plant accounting 101
Wednesday, Sept. 12 – 2:15-3 p.m. CT
From construction to retirement, Gwen Zech, manager at Baker Tilly, will review accounting for capital assets including cost accumulation, closing projects, property records, contributions, tracking construction funds and reporting to meet the PSCW guidelines.
Developing a financial roadmap for your utility
Thursday, Sept. 13 – 2:30-3 p.m. CT
Community development, customer conservation, infrastructure replacement and ongoing regulation impact utility finances. Ryan O’Donnell, manager at Baker Tilly, will cover how a financial forecast can be used to gather information, anticipate the impacts of plans on borrowing needs and rates, and allow decision makers to proactively adjust plans, balancing utility and ratepayer needs.
Baker Tilly is also an exhibitor at the WIAWWA Meeting and a sponsor of the WIAWWA Run/Walk to benefit the Young Professional Scholarship Fund on September 13.
The WIAWWA Meeting brings together the state’s utility decision makers with policy makers and peers to share ideas and trends in Wisconsin and the water industry.