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2020 Fall Training

2020 Fall Training

Tuesday, September 15 -Thursday, November 5, 2020

Overview

The SDP is pleased to announce that our acclaimed training will be offered online this year! Our training will include three 10-hour Training Courses, two 5-hour Short Courses, and a series of Electives. Each course will be offered in manageable 3-hour segments from mid-September to early-November. Below is a listing of our courses with links to full descriptions of each course. The dates for each course session can be found on the Schedule-at-a-Glance Page here

 

In response to your request, we added a new course this year Life Analysis Methods and Applications!  We also updated our Depreciation and Ratemaking Course to include a new class this year: Depreciation Issues for Assets in Transition! Also new this year is the elective Evolution of Depreciation -- Regulation and Iowa Curves.

 

This year provides the rare opportunity to take Introduction to Depreciation as a quick review after taking Depreciation Fundamentals. Our most popular course, Depreciation Fundamentals, will introduce you to the fundamental concepts of depreciation: data collection and auditing, life and salvage analysis, and depreciation calculation and accounting. These concepts will then be reviewed in the two sessions of Introduction to Depreciation, which also includes a discussion of unit v. group depreciation and the importance and challenges of depreciation.


 

Course Descriptions - 10-Hour Training Courses (12 CPEs)

 

Depreciation Fundamentals

This popular 10-hour course covers the basics of life and salvage analysis and depreciation. The course walks you through the data required for a depreciation study and explains the calculations in a depreciation study. The course is often repeated for a review of depreciation topics. There are no prerequisites for this course. Maximum registration: 30. 

 

Taking all recommended electives gives you all topics included in our previously offered 22-CPE Extended Training course.

 

Recommended Electives: 

  • Other Life Analysis Models - Life Cycle Analysis (Session 1)
  • Other Life Analysis Models - Technology Forecasting (Session 2)
  • Reserve Imbalances and True-Up
  • Plant and Depreciation Accounting - Introduction

Click here for more details on Depreciation Fundamentals and recommended Electives. 

 

 

Analyzing Net Salvage in the Real World

This 10-hour course examines how the components of net salvage (gross salvage and cost of removal) are recorded to accrued depreciation, analyzed using statistical techniques, and estimated and used in the calculation of annual and accrued depreciation. You will discuss activities that contribute to net salvage and how they are impacted by the causes of retirement. Net salvage transactions will be analyzed in relation to the original cost and current cost of the retired assets. The estimation of net salvage for mass and life-span properties will be discussed. Prerequisite: Depreciation Fundamentals or permission from Dr. Susan Jensen based on your qualifying experience or courses. Maximum registration: 20. 

 

Taking all recommended electives gives you all topics included in our previously offered 22-CPE Extended Training course.

 

Recommended Electives: 

  • Age/Inflation Adjusted Analyses - Overview and Calculations (Session 1)
  • Age/Inflation Adjusted Analyses - Using Salvage Data and Workshops (Session 2)
  • Depreciation Studies - Steps to Perform in Preparing the Study (Session 1)
  • Depreciation Studies - Pitfalls to Avoid in Preparing the Study (Session 2)

Click here for more details on Analyzing Net Salvage in the Real World and recommended Electives. 

 

 

NEW! Life Analysis Methods and Applications

This 10-hour new course explains and probes life analysis models. After a brief review of actuarial and simulation life analysis models, some pitfalls of the models are discussed. You then apply the models to real-world property data and gain valuable insights to help you interpret the results of the models. You will also examine the engineering reasons that cause assets to fail or be replaced and the resulting removal cost incurred. Prerequisite: Depreciation Fundamentals or permission from Dr. Susan Jensen based on your qualifying experience or courses. Maximum registration: 20. 

 

Recommended Electives:

  • Other Life Analysis Models - Life Cycle Analysis (Session 1)
  • Other Life Analysis Models - Technology Forecasting (Session 2)
  • Plant and Depreciation Accounting - Intermediate
  • Depreciation Studies - Steps to Perform in Preparing the Study (Session 1)
  • Depreciation Studies - Pitfalls to Avoid in Preparing the Study (Session 2)

Click Here for more details on Life Analyses Methods and Applications and recommended Electives. 

 


 

Course Descriptions - 5-Hour Short Courses (6 CPEs)

 

Depreciation and Ratemaking Issues

This popular 5-hour course is intended for the experienced depreciation practitioner as well as managers seeking an overview of issues related to utility ratemaking and depreciation analysis. The course begins with an updated class explaining how depreciation fits within the process of utility ratemaking. New this year is a timely discussion of depreciation issues for assets in transition. There are no prerequisites for this course. Maximum registration: 25.

 

Click here for more details on Depreciation and Ratemaking Issues. 

 

 

Introduction to Depreciation

This outstanding 5-hour overview course begins with a discussion of the importance of depreciation and the complications inherent in estimating depreciation expense. Included in the course are segments on group depreciation accounting, life and salvage analysis, and annual and accumulated depreciation calculations. This course covers most of the areas included on the CDP Exam. There are no prerequisites for this course. Maximum registration: 25.

 

Click here for more details on Introduction to Depreciation. 

 


 

Course Description - Electives

Electives are open only to registrants for one (or more) of our 10-hour Training Courses, with the exception of our new class, Evolution of Depreciation Regulation and the Iowa Curves. The new class is open to registrants of 5-Hour AND 10-Hour training courses. Maximum registration for each elective is 25. 

  • Plant and Depreciation Accounting - Introduction
  • Reserve Imbalances and True-Up
  • Other Life Analysis Models - Life Cycle Analysis (Session 1)
  • Other Life Analysis Models - Technology Forecasting (Session 2)
  • Plant and Depreciation Accounting - Intermediate
  • Depreciation Studies - Steps to Perform in Preparing the Study (Session 1)
  • Depreciation Studies - Pitfalls to Avoid in Preparing the Study (Session 2)
  • NEW! Evolution of Depreciation Regulation & the Iowa Curves*
  • Age/Inflation Adjusted Analyses - Overview and Calculations (Session 1)
  • Age/Inflation Adjusted Analyses - Using Salvage Data and Workshops (Session 2)

* This elective is available to registrants in either a 5-Hour or 10-Hour Course!

 


Course Schedules

We are pleased to provide the detailed Fall Training schedules to assist you in planning your training. All times are listed in Eastern Daylight Time. 

 


Faculty

Click here for faculty bios.

 


 

CPE Information

Attendees of the 2020 SDP Conference and Training can receive CPE credits. The Annual Conference is 2 CPEs. The Short Training Courses are 6 CPEs and the Fall Training Courses are 12 CPEs. Attendees must be present for all sessions and attendance monitoring within WebEx will be utilized. 


The Society of Depreciation Professionals is 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.

If you have any questions or concerns about the SDP Annual Conference or Training please contact the SDP at the (978) 364-5195.

 


 

     

 Our Sponsors

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Society of Depreciation Professionals
4 Lan Drive
Westford, MA 01886
Phone: 978-364-5195
Fax: 978-250-1117

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