Analyzing Utility Finances in Times of Crisis Live!

Zoom-based Capacity Building for Utility Regulators, Policy Makers, and Infrastructure Professionals

What are the revenue and cost impacts of COVID-19? What cost-cutting measures can be taken and what are their effects? How can cash flow, liquidity, and other financial indicators be measured and monitored?

This new course began Monday, May 11, 2020. Stay tuned for future offerings!

How can utilities survive the financial crisis that the COVID-19 pandemic has created? That is the most frequently asked question during our Next Practices Live discussions series. How do you decide what is right for your situation?

Analyzing Utility Finances in Times of Crisis LIVE! was developed to help YOU project impacts, analyze business and policy options, and track key indicators over time.

Dr. Ted Kury will lead this Zoom-based capacity building effort. He and up to 30 participants will work together live and online on how to project impacts of COVID-19 and policy responses. This intensive program will cover:

  • Session 1 – Crisis Analysis
    • Case study of a utility during crisis
    • Key considerations when projecting financial performance and impacts
    • Key considerations for analyzing options for financial viability and recovery
  • Session 2 – Critical Accounting Frameworks
    • Why accounting controls matter during a crisis
    • Foundations and components of Uniform Systems of Accounts
    • Critical decisions and controls during a crisis if accounting controls are weak
  • Session 3 – Components and Determination of the Costs Necessary to Provide Service
    • Determinants of commercial viability
    • Components and determinations of service costs
    • Impacts of revenue loss
  • Session 4 – Fundamentals of Financial Analysis
    • Ratio analysis: Types of uses
    • How ratios are impacted by financial crises
    • Projecting future financial states
  • Session 5 – Scenario Analysis
    • Risk assessment process and mitigation instruments
    • Scenario building
    • Using quantitative tools to assess risk
    • Decision making with simulations and scenarios

Course Fee

USD $1495 course fee includes:

  • Program tuition
  • Five (5) LIVE! Zoom sessions
  • Group projects
  • Individual work assignments
  • Discussion boards

Course Structure

This course will be delivered virtually through Zoom meetings and the University of Florida’s course management system, Canvas. In Canvas, you will access discussion postings and assignments. The Zoom sessions will also be archived in Canvas.

The Live Zoom sessions are scheduled as follows:

  • Monday, May 11, 2020: 9:00am – 11:00am eastern time
  • Wednesday, May 13, 2020: 9:00am – 11:00am eastern time
  • Friday, May 15, 2020: 9:00am – 11:30am eastern time
  • Monday, May 18, 2020: 9:00am – 11:00am eastern time
  • Wednesday, May 20, 2020: 9:00am – 11:00am eastern time

This is not a self-paced course. Participation in Live Zoom sessions and all course work, including assignment submissions and discussion postings, must be completed no later than Friday, May 29, 2020 in order to receive the Certificate of Completion.

Course Requirements

  • Internet connection (DSL, LAN, or cable connection desirable)
  • Chrome is the recommended web browser for Canvas. Internet Explorer and Safari should not be used to access Canvas.
  • Access to course management system, Canvas.