15 Dec.

Power, Utilities & Renewables Quarterly Accounting update webinar—Q4 2021

Wednesday, 12:00 p.m.  EST | 1 hr 30 min
Credits offered: CPE Event language: English

This quarterly webinar offers a guide to accounting and regulatory considerations for utilities and power companies.

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Key takeaways

Presenters: Thomas KeefeDave Yankee, Eileen Little, Brad Porter, Derek Bradfield and Nick Rogers

1.5 Overview CPE credits | Accounting

The Q4 2021 Power, Utilities & Renewables Quarterly Accounting update webinar will be held on Wednesday, December 15. Deloitte & Touche LLP's Power, Utilities & Renewables group will cover the following topics:

  • Accounting and reporting updates, regulatory updates, and industry hot topics impacting the power, utilities, and renewables industry
  • Takeaways from the 2021 AICPA Conference on current SEC and PCAOB developments and other SEC-related updates
  • The impact of recent tax updates

Meet the speakers

Thomas L. Keefe

Thomas L. Keefe

Partner | Deloitte & Touche LLP

Tom has more than 30 years of experience serving clients in the energy industry in our Chicago, New Orleans and Indianapolis offices. He has served as the lead client service partner, concurring partner or advisory partner on several large energy clients that have participated in virtually all aspects of the industry, from basic utility distribution service to electric and gas transmission, propane distribution, coal mining, energy trading, energy services, nuclear generation and independent power production. His range of experience includes external audit, internal control audits, rate case filing reviews, and purchase accounting related to the acquisition and/or disposition of plants and businesses. In addition, Tom has served several renewable energy clients assisting them with various financing and other accounting matters. Tom has a significant expertise in Securities and Exchange Commission requirements, including those associated with initial public offerings and has served as the lead audit partner on many public financings including master limited partnerships. Tom also has a considerable experience in ratemaking and other areas of regulatory accounting. Tom is a graduate of the University of Notre Dame and is a member of the New Orleans Advisory Board of the Posse Foundation. 

Dave Yankee

Dave Yankee

Managing Director | Deloitte Tax LLP

Dave regularly advises clients in the areas of planning, evaluating, and supporting federal income tax reporting positions. He also leads Deloitte’s US Power, Utilities & Renewables Tax practice. His work with power and gas companies includes consultation and representation with respect to Internal Revenue Service (IRS) controversies; drafting/reviewing Applications for Change in Accounting Method (IRS Form 3115) and participating in accounting method reviews; and, serving as a tax specialist on financial statement audits. He works with regulated public utilities to model the ratemaking effects of tax benefits, compute the tax components of rate base and cost of service, draft/review pre-filed rate case testimony, draft/review IRS ruling requests, and meet with public utility commission staff and IRS national office personnel regarding normalization issues. Dave is a frequent speaker regarding federal income tax matters relevant to regulated utilities and unregulated power producers, including seminars sponsored by the tax committee of Edison Electric Institute, the combined tax committees of the American Gas Association and the Interstate Natural Gas Association of America, Tax Executives Institute, the staff subcommittee on accounting and finance of the National Association of Regulatory Utility Commissioners, SNL/EXNET, PowerPlant Consultants, Infocast, and Institute for International Research. Dave also leads the Deloitte course, Utility Industry Book/Tax Differences and Financial Reporting for Income Taxes: Rate-regulated Utilities and is responsible for updating the content of these courses. Dave holds a BS in commerce (accountancy) and a MS in taxation from DePaul University.

Derek Bradfield

Derek Bradfield

Professional Practice Network | Energy, Resources, and Industrials

Derek is a client service partner providing both audit and assurance services to his clients, including assisting companies with complex accounting, auditing, reporting and control issues. He also sits in Deloitte's Accounting and Reporting Services group focusing on assisting Deloitte's most important clients with consolidation, financial instrument, and business combination matters. Prior to taking on his current role as a client service and consultation partner, Derek was the US central region leader for Deloitte & Touche LLP’s Assurance practice.

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Wednesday, 15 Dec 2021 12:00 p.m. EST
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