Deloitte Center for Energy Solutions

Transcription

1 Deloitte Power & Utilities Accounting, Financial Reporting, and Tax Update Deloitte Energy Transacting: A View on Accounting and Valuation December 1-2, 2015 Chicago, IL Deloitte Center for Energy Solutions

2 Deloitte Power & Utilities Accounting, Financial Reporting, and Tax Update December 1, 2015 At this one-day seminar, Deloitte s energy specialists focus on industry technical accounting and tax issues to assist participants in preparing for calendar year-end accounting, reporting, and tax requirements. Participants may choose either an Accounting and Financial Reporting Update or a Tax Update. The Accounting and Financial Reporting Update This update will include presentations by Deloitte specialists and industry thought leaders. This session will cover topics such as Securities and Exchange Commission (SEC) developments and trends in SEC comment letters, recently issued and proposed accounting standards, Federal Energy Regulatory Commission accounting and reporting matters, and current tax developments. After attending this seminar, participants will be able to better interpret and apply accounting, financial reporting, and tax rules to current industry issues. The Tax Update This update will include presentations by Deloitte specialists regarding federal income tax topics unique to the power and utility industry, regulatory reporting for income taxes and other income tax and financial accounting for income tax subjects relevant to large corporations. This update will assist participants in applying recent and pending tax and accounting developments in their tax planning and rate filings. This meeting also offers an excellent opportunity for participants to network with their peers and Deloitte practitioners at an evening reception immediately following the update. Save these dates December 9, 2015 Financial Reporting for Income Taxes Rate-regulated Utilities Las Vegas, NV rbenassi@deloitte.com March 31, 2016 Financial Reporting for Income Taxes Rate-regulated Utilities Washington, DC USEnergyTaxSeminars@deloitte.com September 21, 2016 Deloitte Oil & Gas Conference Houston, TX OilandGasConference@deloitte.com March 30, 2016 Utility Industry Book/Tax Differences Washington, DC USEnergyTaxSeminars@deloitte.com June 21-22, 2016 Deloitte Energy Conference Washington, DC EnergyConference@deloitte.com CPE Credit Amount and CPE Field of Study Subject Area(s) are pending review by the National CPE Compliance Group. Participants can receive up to 7 hours of CPE credits for attending the seminar in multiple subject areas depending upon sessions attended. As used in this document, Deloitte means Deloitte LLP and its subsidiaries. Please see for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

3 Deloitte Energy Transacting: A View on Accounting and Valuation December 2, 2015 This one-day seminar is designed to provide participants with an update on the current energy transacting market, accounting, and valuation trends common in the power and utility industry. In addition, this seminar will provide updates on technical and operational matters relevant to accounting and valuation in the energy transacting space. transacting activities. Participants will acquire knowledge on various topics including controls, process and accounting impacts of changing environments. Participants will also receive updates on the accounting and financial reporting considerations associated with alternative energy transactions and evolutions in transaction structuring. This seminar will combine several topics of interest for energy accounting and transacting professionals, including those charged with responsibilities over the finance, accounting and reporting, risk management, and compliance functions. The afternoon session will focus on derivative considerations for energy contracts. Sessions will provide brief grounding on the basic criteria on accounting for derivatives, followed by advanced considerations including best practices for the application of Normal Purchase Normal Sales, updates on valuation issues in evolving markets, and Day One accounting implications. The seminar will be dedicated to industry issues and accounting and process requirements common to energy CPE Credit Amount and CPE Field of Study Subject Area(s) are pending review by the National CPE Compliance Group. Participants can receive up to 6 hours of CPE credits for attending the seminar in multiple subject areas depending upon sessions attended.

4 Location Hyatt Regency O Hare 9300 W. Bryn Mawr Avenue Rosemont, IL Deloitte Power & Utilities Accounting, Financial Reporting, and Tax Update Meeting Start: Tuesday, December 1, 2015, 9:00 a.m. Meeting End: Tuesday, December 1, 2015, 5:00 p.m. Attire: Business casual Deloitte Energy Transacting: A View on Accounting and Valuation Meeting Start: Wednesday, December 2, 2015, 8:00 a.m. Meeting End: Wednesday, December 2, 2015, 3:00 p.m. Attire: Business Casual For your convenience, all seminars will be held at the Hyatt Regency O Hare. All participants are invited to network with their peers and Deloitte practitioners at an evening reception which will take place on December 1, 2015, beginning at 5:00 p.m. at the Hyatt Regency O Hare. The room rate is $185 per night plus tax. Complete the online or mail-in registration to reserve your hotel room. Please do NOT call the hotel directly. Registration information Please register online at 2015 Power & Utilities Fall Seminars or complete the registration form. Registration by mail should include this form and your check for the appropriate registration fee made payable to Deloitte & Touche LLP (credit cards can only be accepted for online registration). Our tax ID number is Please mail registration to: Deloitte & Touche LLP Attention: Ms. Sandra Jansen 111 S. Wacker Drive Chicago, IL Questions? Please contact Sandra Jansen at: Telephone: Fax: USEnergyFallSeminars@deloitte.com Cost The registration fee is $495 for the Deloitte Power & Utilities Accounting, Financial Reporting and Tax Update and $495 for Deloitte Energy Transacting: A View on Accounting and Valuation. The registration fee is $990 for attending both seminars. Registration fees include all seminar materials, continental breakfast, lunch, refreshments, and an evening reception on Tuesday, December 1, Attendees are responsible for paying for their room, tax, and incidentals upon departure. Group Discounts Available: Companies with five or more employees attending the seminars will receive a 10% discount. The discount will be reimbursed after the seminars based on attendance. Cancellation Policy: Cancellations received on or before November 4, 2015, are fully refundable. Cancellations received after November 4, 2015, will not receive a refund. Substitutions may be made at any time.

5 Registration Mail-In Form If registering by mail or fax ( ), please complete the form below and mail it with your check. Deloitte participants must register on-line at 2015 Power & Utilities Fall Seminars. First name Last name First name/nickname for nametag Title Company name Address City, State, Zip Telephone number address Special dietary requests Please indicate below the seminars that you will attend: o I will attend the Deloitte Power & Utilities Accounting, Financial Reporting, and Tax Update on Tuesday, December 1, Please indicate below which update you will attend: o Accounting and Financial Reporting Update o Tax Update o I will attend the Deloitte Energy Transacting: A View on Accounting & Valuation Seminar on Wednesday, December 2, Please indicate whether you will attend the Evening Reception on Tuesday, December 1, o Yes o No Do you require a hotel room? o Yes o No If yes, please specify check-in date and check-out dates. Check-in date: Check-out date: Room occupancy type: o Single o Double Smoking preference: o Non-smoking o Smoking I require disabled access. Other requests: Are you an alumnus of Deloitte? o Yes o No Who is your Deloitte contact?

6 Deloitte LLP, Deloitte & Touche LLP, Deloitte Financial Advisory Services LLP, and Deloitte Tax LLP are registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www. learningmarket.org. NASBA National Registry of CPE Sponsors Sponsor License Number State of New York Sponsor License Number State of Texas Sponsor License Number In accordance with the standards of the National Registry of CPE Sponsors, CPE credits will be granted based on a 50-minute hour. Complaints regarding registered sponsors may be addressed to: National Registry of CPE Sponsors 150 Fourth Avenue North, Suite 700 Nashville, TN To register complaints related to timeliness/accuracy of CPE credit reporting, program delivery, or program content, contact Mark Wolf at marwolf@deloitte.com. For CPE purposes, this is a Group-Live advanced program. There are no prerequisites or advanced preparation required. Course Evaluations will be available at the seminar for participant feedback. Deloitte Center for Energy Solutions About the Deloitte Center for Energy Solutions The Deloitte Center for Energy Solutions (the Center ) provides a forum for innovation, thought leadership, groundbreaking research, and industry collaboration to help companies solve the most complex energy challenges. Through the Center, Deloitte s Energy & Resources Group leads the debate on critical topics on the minds of executives from the impact of legislative and regulatory policy, to operational efficiency, to sustainable and profitable growth. We provide comprehensive solutions through a global network of specialists and thought leaders. With locations in Houston and Washington, DC, the Center offers interaction through seminars, roundtables, and other forms of engagement where established and growing companies can come together to learn, discuss, and debate. Follow the Center on This publication contains general information only and is based on the experiences and research of Deloitte practitioners. Deloitte is not, by means of this publication, rendering business, financial, investment, or other professional advice or services. This publication is not a substitute for such professional advice or services, nor should it be used as a basis for any decision or action that may affect your business. Before making any decision or taking any action that may affect your business, you should consult a qualified professional advisor. Deloitte, its affiliates, and related entities shall not be responsible for any loss sustained by any person who relies on this publication. About Deloitte Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms. Please see for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting. Copyright 2015 Deloitte Development LLC, All rights reserved Member for Deloitte Touche Tohmatsu Limited