1. AF&T’14Accounting, Finance & Tax Conference
Shaping the
Financial Future
of Your Co-op
Pre-Conference Workshops: July 22
Conference: July 23-25
InterContinental Miami
Miami, FL
Register at Cooperative.com/AFT
2. Come to Miami to hear the top financial experts in the co-op industry to discuss
the hottest topics. You’ll find no shortage of learning and networking opportunities
at AF&T’14 to help you succeed as a co-op financial and accounting professional.
Earn while you learn! AF&T’14 provides eligible participants with Continuing
Professional Education (CPE) credits.
Opening General Session –
Moving Beyond the Meltdown: Aligning Yourself for Growth
through Innovation
Register at Cooperative.com/AFT
AF&T’14Accounting, Finance & Tax Conference
Shaping the
Financial Future
of Your Co-op
Jim Carroll
Futurist & Innovation Expert
Every financial professional in an electric co-op today should be able
to provide the organization with the insight to deal with high velocity
change. Reaching success means making the critical shift from a
tactical to a more strategic approach. Now is the time to focus less
on routine work processes, and more on transitions that incorporate
constant innovation and imagination to assist co-ops with the
challenges and changes required for the future. Hear Jim Carroll, as he
takes a look at ‘what comes next’ for the co-op financial professional.
Russ Wasson
Senior Associate Director, Tax,
Finance & Accounting Policy, NRECA
John Wade
Vice President & Chief Actuary,
I&FS Actuarial and Risk Management,
NRECA
Marty Aherns
Senior Director, I&FS Health
Management Services, NRECA
Seth Peretta, Esquire
Principal, Co-Chair, Group Health
Practice, Groom Law Group
SPEAKERS
Employee Benefit Programs –
An Accounting, Finance & Tax Perspective
Based on the direction provided by members through the resolutions process, our main
focus throughout 2013 and into 2014 has been on Affordability and Sustainability of
the NRECA employee benefit programs. Russ Wasson will facilitate a panel discussion
of questions compiled about the results of the 2013 RS plan prepayment initiative, the
return on investment in the new national network strategy and key provisions of the
Affordable Care Act.
3. Register at Cooperative.com/AFT
Recent Developments – Law & Legislation Updates
Congress has been relatively unproductive this year, while
regulatory agencies seem to be in overdrive, and mid-term
elections are just months away. Join Kirk and Ty to hear the
latest updates on capital credits class action lawsuits, internal
revenue service rulings and other tax and legal developments.
Ty Thompson
Executive Director, Chief Member Counsel,
Government Relations, NRECA
Kirk Johnson
Senior Vice President,
Government Relations, NRECA
The Regulatory Landscape for Electric
Cooperatives Including Recent Developments in
Accounting & Finance
Join Jay and Russ as they discuss the top regulatory issues
that impose cost and risk to your co-ops, including leasing,
revenue recognition, the IASB project on regulatory deferrals,
government grants and assistance.
Russ Wasson
Senior Association Direcor, Tax, Finance &
Accounting Policy, NRECA
Jay Morrison
Vice President, Regulatory Issues,
Government Relations, NRECA
Power Supply, Power Demand: Where are We
Today, Where May We be Tomorrow
The decisions your cooperative makes regarding technology
and power supply will have profound impacts on cooperative
operations and member service for many years. Hear about the
changes that are shaping our industry and how you can prepare
your cooperative.
Dave Mohre
Executive Director, Energy and Power,
NRECA
General Session Breakfast –
U.S. Economic Update: A New Beginning
or the Same Old Story?
CFC CEO Sheldon Petersen will offer his insights on the U.S.
economy and current trends affecting electric cooperatives. He
will explore what leading economic indicators and Fed policy
moves tell us about the current state of the economic recovery.
Sheldon C. Peterson
Chief Executive Officer, National Rural
Utilities Cooperative Finance Cooperation
Closing General Session –
Shaping the Financial Future of Your Co-op
Let’s face it, in today’s rapidly changing business climate the
role of the financial professional and the CFO has never been
more important. Management colleagues (including the board)
desperately need fast, frequent and relevant information to
make important decisions daily and weekly.
Are you ready? Tom Lewis will discuss the skills that you, the
electric cooperative financial professional, will need to face
the future.
Tom Lewis
Associate Professor of Accounting,
Creighton University
PRE-CONFERENCE EDUCATION WORKSHOPS
Come early and attend your choice of pre-conference workshops that will provide in-depth
training to help you meet your professional goals.
Tuesday, July 22, 2014: 8:00 a.m. – 4:00 p.m.
:: Bud to Boss
Fee: $550
:: Pieces of the Past: Importance of the Present.
Planning for the Future.
Fee: $550
:: Rate Design in a New Landscape
Fee: $550
:: Taking Excel to the Next Level
Fee: $375
4. Visit Cooperative.com/AFT for
the latest program information
and to register.
LEARNING LABS SCHEDULE
Choose from 20 learning labs designed to help you
strengthen your skills and grow your career.
:: Learning Labs 1
Wednesday, July 23, 2014 | 9:45 a.m. – 10:45 a.m.
• Commitment to Communities – Commitment to Members:
Examples from a Veteran Community Relations Program
• Doing the Right Thing: Employees, Ethics and Work
• Capital Credits – Considerations for the Seasoned Veteran
and the New Board Member
• FEMA – Processes and Policies
• Excel: Manipulating Your Data to Make Sense
:: Learning Labs 2
Wednesday, July 23, 2014 | 11:00 a.m. – noon
• Maximizing Lifetime Income: Get the Most From Your
Retirement Resources
• Ethics for Leaders
• Capital Credits – A 12 Year Evolution Case Study
• Co-op Finances 101
• Adaptive Planning – A Budgeting and Reporting Tool
:: Learning Labs 3
Wednesday, July 23, 2014 | 2:45 p.m. – 3:45 p.m.
• [REPEAT] Commitment to Communities – Commitment to
Members: Examples from a Veteran Community Relations
Program
• Cyber Gangsters Are After Your Data!
• [REPEAT] FEMA – Processes and Policies
• Budget Pro and Cash Flow Pro – A First Look!
:: Learning Labs 4
Thursday, July 24, 2014 | 9:45 a.m. – 10:45 a.m.
• The Maturing of an Electric Cooperative
• Fraud Folio – Part 1
• New RUS Energy Efficiency and Consumer Loan Program:
Opportunities for Co-ops and Their Members
• [REPEAT] Excel: Manipulating Your Data to Make Sense
:: Learning Labs 5
Thursday, July 24, 2014 | 11:00 a.m. – noon
• An Overview of the NRECA Pension Trusts and Investments
and Market Update
• Fraud Folio - Part 2
• Solar Trends, Business Models and the Financial Impact
• [REPEAT] Adaptive Planning – A Budgeting and Reporting Tool
:: Learning Labs 6
Thursday, July 24, 2014 | 2:45 p.m. - 3:45 p.m.
• [REPEAT] The Maturing of an Electric Cooperative
• Community Solar Programs – Accounting and Tax Implications
• RUS Borrowers, This is for You!
• Interest Rate Fluctuation: Risks and Mitigants
:: Learning Labs 7
Friday, July 25, 2014 | 9:45 a.m. – 10:45 a.m.
• [REPEAT] RUS Borrowers, This is for You!
• Succession Planning: Your Co-op’s Workforce Today
and Tomorrow
• Rate Design – Distributive Generation Rates
• [REPEAT] Budget Pro and Cash Flow Pro - A First Look!
SCHEDULE AT-A-GLANCE
Tuesday, July 22
7:00 a.m. – 5:00 p.m. Registration
8:00 a.m. – 5:00 p.m. Pre-Conference Workshops
5:30 p.m. – 6.30 p.m. Welcome to Miami Happy Hour
Wednesday, July 23
7:00 a.m. – 5:00 p.m. Registration
7:00 a.m. – 8:00 a.m. Coffee & Tea Service
8:00 a.m. – 9:30 a.m. Opening General Session
9:45 a.m. – 10:45 a.m. Learning Labs 1
11:00 a.m. – Noon Learning Labs 2
Noon – 1:30 p.m. Lunch
1:30 p.m. – 2:30 p.m. General Session 2
2:45 p.m. – 3:45 p.m. Learning Labs 3
4:00 p.m. – 5:00 p.m. General Session 3
6:00 p.m. – 8:00 p.m. Miami Gala Reception
Thursday, July 24
7:30 a.m. – 5:00 p.m. Registration
7:30 a.m. – 8:30 a.m. Coffee & Tea Service
8:30 a.m. – 9:30 a.m. General Session 4
9:45 a.m. – 10:45 a.m. Learning Labs 4
11:00 a.m. – Noon Learning Labs 5
Noon – 1:30 p.m. Lunch
1:30 p.m. – 2:30 p.m. General Session 5
2:45 p.m. – 3:45 p.m. Learning Labs 6
4:00 p.m. – 5:00 p.m. General Session 6
Friday, July 25
7:00 a.m. – 8:00 a.m. Registration
8:00 a.m. – 9:30 a.m. Economic Update Breakfast
9:45 a.m. – 10:45 a.m. Learning Labs 7
11:00 a.m. – Noon Closing General Session
5. NETWORKING OPPORTUNITIES
GENERAL INFORMATION
Registration Information:
Conference registration fees include access to all conference general
sessions, learning labs, conference-sponsored meal functions and
conference materials. Pre-conference workshops are an additional charge.
:: Member Full Conference Registration Fee: $815
:: Non-Member Conference Registration Fee: $1,050
:: Member One-Day Conference Registration Fee (July 23 or July 24): $350
:: Non-Member One-Day Fee (July 23 or July 24): $400
Hotel Information:
InterContinental Miami
100 Chopin Plaza
Miami, FL 33131
305-577-1000
Room Rate:
$159 – single/double occupancy
(plus sales tax) per room per night
Reference Code:
OMO or NRECA 2014 Accounting,
Finance & Tax Conference
Room cutoff date: June 22, 2014
Visit Cooperative.com/AFT for the latest program information and to register.
Kick back and mix it up with your fellow attendees from
across the country. Nowhere else will you find a better
place to share your challenges and opportunities.
Welcome to Miami Happy Hour
Tuesday, July 22: 5:30 p.m. – 6:30 p.m.
Miami Gala Reception
Wednesday, July 23: 6:00 p.m. - 8:00 p.m.
AF&T’14Accounting, Finance & Tax Conference