US power and utilities industry events and webcasts

Power & Utilities executive webcast series: Practical guidance on recent financial reporting developments (fourth quarter 2011)
January 5, 2012: Access the archived webcast Access the archived webcast
Hosted on January 5, this webcast featured a discussion on accounting considerations relevant to the upcoming cycle of annual reports, key issues and new accounting standards, as well as recent areas of focus for the SEC.

For those who attended our annual Power and Utilities Year-end Technical Update in Chicago on December 8, the material discussed on this webcast is generally consistent with the accounting portion of our technical update program.

Power and Utilities Year-end Tax Planning Webcast
December 15, 2011: Access the archived webcast
On December 15, 2011, the power and utilities tax practice hosted a webcast focusing on year-end tax planning. This webcast featured discussions on, and examples related to, the following topics:

• Political and economic factors driving tax policy
• Potential year-end 2011 tax legislation
• Repairs
• Bonus depreciation
• 1603 grant accounting
• VEBA Med D strategy

Power and Utilities Internal Audit Webcasts Series: Industry trends in internal auditing - 2011 CAE survey
December 14, 2011: Access the archived webcast
On December 14, the power and utilities internal audit team hosted a webcast focusing on the results of our sixth-annual Power and Utilities Chief Audit Executive Survey. The 2011 survey included the perspective of 48 North American power and utility companies and focused on hot topics such as risk assessment and audit planning, rate cases, capital projects, energy risk management, and IT

Power and Utilities State and Local Tax webcast: Indirect tax issues affecting the power and utilities industry
November 10, 2011: Access the archived webcast
This webcast will address the latest indirect tax issues focusing on sales and use tax facing the power and utility industry. Over the past several years, as states have struggled with increasing revenue shortfalls, indirect taxes have become an increasing area of focus for state auditors. Furthermore, the power and utility industry has seen a significant expansion into alternative energy and non-regulated markets, which have their own unique indirect tax issues.

Our panelists will provide their insights into risk management issues in the indirect tax function, top of mind audit issues, alternative energy markets and the legislative and case law developments impacting the power and utility industry. Participants will gain an overall understanding of the indirect tax issues affecting the power and utility industry.

Power & Utilities executive webcast series: Practical guidance on recent financial reporting developments (third quarter 2011)
September 22, 2011: Access the archived webcast
This webcast is designed to provide insight into and observations on new and emerging issues to help provide practical guidance for corporate accounting senior executives. In particular, this webcast will feature discussions on, and examples related to, the following topics:

• A focus on the provisions of the Dodd-Frank Act and how they will affect power and utilities companies
• Key issues and considerations in addressing potential accounting implications from the Cross-State Air Pollution Rule including emission allowances, plant balances and hedge accounting
• New accounting guidance and other hot topics, including a summary of the recent guidance related to goodwill impairment testing, disclosures for multi-employer pension plans and balance sheet offsetting
• An update on areas of focus for the SEC
• An update on convergence projects

Power & Utilities executive webcast series: Practical guidance on recent financial reporting developments.
June 23, 2011: Access the archived webcast
This webcast is designed to provide insight into and observations on new and emerging issues to help provide practical guidance for corporate accounting senior executives. In particular, this webcast will feature discussions on, and examples related to, the following topics:

• The latest developments on the proposed leasing standard including the tentative decisions regarding the definition of a lease and contingent rent and how they will affect utilities and power companies
• Recent decisions on proposed revenue recognition guidance and feedback on industry group discussions with the FASB on the impact of the proposed standard on alternative revenue arrangements and revenue subject to refund
• A discussion on consolidation accounting
• An update on the latest timeline for convergence

Power & Utilities executive webcast series: Practical guidance on hot topics for first quarter financial reporting.
March 24, 2011: Access the archived webcast
Our Practical guidance on hot topics for first quarter financial reporting webcast provided insight and observations on new and emerging issues to help corporate accounting senior executives prepare for first quarter financial reporting. In particular, this webcast featured discussions on, and examples related to, the following topics:

• An update on the Leases exposure draft, including developments following the recent FASB/IASB meeting
• Details of the FASB's recent redeliberations of the Financial Instruments proposal
• A discussion of key decisions regarding the FASB/IASB joint project on revenue recognition
• Current topics for first quarter reporting
• Recent areas of focus for the SEC