SGA Natural Gas Accounting and Finance Conference
June 22-24, 2008
Sheraton Hotel - Atlanta GA
Includes roundtables in the following areas:
Fee includes ticket to Atlanta Braves game Monday evening
SCHEDULE at a GLANCE:
June 22 - 6:00 p.m. Networking Reception - Sponsored By: PowerPlan Consultants
June 23 - 8:30. - 4:30 General and Roundtable Sessions
6:30 p.m. Atlanta Braves game
June 24 8:30 -Noon General and Roundtable Sessions
Hotel:
Sheraton Atlanta, 165 Courtland Street, Atlanta GA 30303 Ph. 404-659-6500.
Reservations: Call 1-800-325-3535 and ask for the SGA Accounting and Finance Conference rate of $179
Cutoff for reservations: May 28, 2008
Who Should Attend
Accounting professionals involved in the following areas will benefit:
Thanks to our Sponsors!
Powerplan Consultants
GENERAL SESSION SPEAKER:
Dr. Bala Dharan, Rice University
Dr. Dharan will cover a number of hot button issues in the accounting and finance world, including:
ROUNDTABLE SESSIONS:
Co-chairs: James Spaulding, PSNC Energy; Becky Palmer, Atmos Energy; and Tom Howard, El Paso Pipeline
Click to view a list of Gas Accounting Topics.
Some to fhe topics to be discussed include: 1) Electric Compression - conversion issues from gas fired compression, benefits and costs 2) Lost and Unaccounted For - What does your company do to manage, who in your organization has responsibility, initiatives to reduce? 3) Liquids transportation services - Do you have contractual or other issues when property ownership changes?
4) Document retention standards - what process is in place, are records readily available once sent to retention? 5) Balance Sheet reconciliations - How often are they performed? Does your company have a system in place or are reconciliations manual? 6) Procedures - How often they are updated, format and level of detail.
Property Accounting:
Co-chairs:Kathy Hambleton, Williams and tba
Click to view a list of Property Acounting Topics
Some of the topics to be discussed include:
- Preliminary Survey and Investigation (PSI) - Do you set up a reserve for all PSI costs or just the larger dollar ones?
ARO's - Has anyone filed a rate case and have you gotten recovery for your ARO’s
- Reimbursable Capital Work Orders (CIAC’s) Are your external auditors requiring you to reclassify any reimbursable WO’s with a net credit to FERC account 252 – Customer Advances?
- Delayed Costs on Capital Work Orders - Do you have an established time frame where you will no longer let the work order accept charges after it has been closed out?
- Inventory/Assets Retired - Are all of your assets taken out of service that are still functional returned to inventory?
Budget & Planning:
Co-chairs: Bronson Blodgett, Atmos Energy and Morris Brassfield, Panhandle Energy
Click here for a full list of Budget & Planning Topics
Some of the issues to be discussed include:
1. How is your company dealing with the high levels of capital projects? Do you have/use any selection criteria to determine which projects will make it into the final budget?
2. What kinds of project management tools are you using?
3. What is your timing for development of budgets?
4. What levels of personnel in your organization are involved in development and approval of your budgets?
5. What guidelines are you using in development of budgets? Flat? Allowing for inflation increases? Merits? Etc.
General Accounting/Financial Reporting:
Chairman: James Torrey, ONEOK Inc.
Click to view a list of General Accounting Topics
Some to fhe topics to be discussed include:
FERC Order 710: This new order is the biggest change to affect annual and quarterly reporting in years.
Three of the key issues in this order are:
1. Page 358, Transactions with Associated (Affiliated) Companies
- How are companies defining "goods and services?
- Are they including intercompany transportation revenues and expenses?
- What about affiliated labor since it will now be reported on pages 354-355, Distribution of Salaries and Wages?
2. Page 358, Transactions with Associated (Affiliated) Companies --
- How are companies interpreting the footnote disclosure requirement for allocation processes?
- What allocation methods are companies using?
3. Page 217, Non-Traditional Rate Treatment Afforded New Projects --
- Do companies anticipate issues with capturing this data?
Outsourced Accounting functions? Pass this information on to those people and to others at your company!
Contact: Pat Downey pdowney@southerngas.org
If you would like to submit discussion topics, share a new idea or project, or have special requests, please enter them in the space below.
Event Fee
Roundtable Sessions
Indicate ONE primary roundtable you will attend.
Baseball Game Monday Night
Payment Method
You MUST select a method of payment and click Submit to complete registration,
Credit card payment selection will take you to our secure online payment page. THANK YOU!
