Stay ahead of regulatory changes with this essential course on the updated RUS Electric Program accounting requirements (7 CFR Part 1767). Learn how to accurately apply the new Uniform System of Accounts, integrate renewable energy and energy storage assets, handle partially extinguished or forgiven debt, and maintain eligibility for USDA Rural Utilities Service funding. This training provides clear, actionable steps for compliance—reducing legal risks and supporting financial transparency for your organization.
In this course you will learn the following:
* Identify and understand the new, revised, and deleted USoA accounts and definitions.
* Apply updated accounting instructions for renewable energy, energy storage, and environmental credits.
* Implement new requirements for accounting for partially extinguished or forgiven debt.
* Maintain compliance with the updated RUS accounting regulations and understand the legal and financial consequences of non-compliance.
* Prepare for the effective date and ensure timely implementation of all required changes.
