000			05377 a2200169 4500
999			_c49279 _d49279
020			_a9781583218594
082			_a363.610681 _bBUI
100			_aBui, Ann T. Ed. _963986
245			_aFinancial management for water utilities : principles of finance, accounting, and management controls
260			_aDenver _bAmerican Water Works Association _c2012
300			_axviii,288p.
505			_aCONTENTS Tables xi Figures xiii Preface xv Acknowledgments xvii Part 1. Water Utility Financial Management Overview 1. What Is Financial Management? 3 Functional Responsibilities Included Under Financial Management Authoritative Standards for the Functional Responsibilities Industry Guidelines Book Organization 2. Water Utility Industry Description 11 Implications of Ownership Environmental Regulation 3. The Functions of Financial Management 17 The Financial Management Cycle Cash Management Measuring Financial Performance Resource Acquisition, Inventory, and Insurance Internal Control Part 2. Financial Accounting Overview 4. Financial Planning and Control 33 Financial Planning Process Financial Control Process Presentation of Annual Financing Plans Summary 5. Accounting 41 Accounting Functions Designing the Accounting System When to Record Transactions: Accrual Versus Cash Accounting How to Record: Double-Entry Bookkeeping Governmental Water Utilities Organizing the Office 6. Reporting of Accounting Information 55 Criteria for Good Reports Reports for Different Users and Purposes Part 3. Financial Reports 7. Budgeting 67 Information Content Frequency of Reporting General Budget Development Elements of Budget Reporting Relevance, Accuracy, and Timing of Interim Budget Reporting 8. Financial Statement Reports 83 Guidelines for Reporting: Financial Statement Standards Reports of Private Water Utilities Reports of Governmental Water Utilities Other Financial Statement Reporting 9. Rate and Regulatory Reports 101 Goals -- Rate Process Test Period Rate Case Rate Base, Cost of Service, and Cost of Capital Reporting Part 4. Accounting Cycle Implementation and Management 10. Revenue and Rates 111 Operating Revenues Operating Revenue Accounts Projecting Operating Revenues Applying the Rate Schedules Monitoring Revenues 11. Operation and Maintenance Expenses 127 Nature and Classification Planning Source-of-Supply and Pumping Expenses Water Treatment Expenses Transmission and Distribution Expense Billing and Customer Relations Administrative and General Centrally Provided Services Controlling Operation and Maintenance Expenses Summary of Planning Operation and Maintenance Expenses 12. Capital Assets 149 Nature and Significance of Depreciation Differences Between Private and Governmental Utilities Definitions and Concepts Determining Depreciation Expense Selecting a Depreciation Formula Methods of Applying Depreciation Formulas Reevaluating the Adequacy of Periodic Depreciation Charges Determining Amortization Expense -- Depreciation Expense for Income Tax 13. General and Income Taxes 171 Types and Descriptions of Taxes Accounting for General Taxes Anticipating Tax Implications Estimating Taxes Summary 14. Capital Improvement Programs 181 The Capital Expenditures Budget Sources of Funding Capital Project Construction Recording of Capital Improvement Spending Construction Costs Accounting for Different Funding Sources Accounting for Retirement Units of Property Comparing Budgeted and Actual Expenditures Continuing Property Records 15. Current and Other Assets 205 Liquid Assets Receivables Materials and Supplies Restricted Assets Deferred Charges 16. Liabilities and Other Credits 239 Differences Between Private and Governmental Utilities Current and Long-Term Differences Definitions of Key Liabilities Definitions of Other Credits Chart of Accounts Controlling and Monitoring Current and Accrued Liabilities Types of Financial Reports 17. Equity, Capital, and Financial Ratios 249 Differences Between Private and Governmental Water Utilities Retained Earnings/Fund Net Assets Appropriated Retained Earnings/Restricted Net Assets Contributed Assets Requirements From Governing Authorities Tools for Evaluating Utility Financial Position and Operations Ratio Analysis Part 5. Financial Management Functions 18. Financing 261 Financing Water Utility Operations 19. Audits 267 Financial Audits Operational, Management and Other Audits Summary 20. Internal Controls 271 Internal Control Components A More In-Depth Look at Fraud Evaluating and Communicating Identified Deficiencies Guidance for Regulators and Elected Officials Summary -- Acknowledgments Sources and Suggested Reading 287 Index 289 Appendices on CD A. Suggested System of Accounts for Class A Water Utilities B. Sample Private Utility Annual Report C. Sample Governmental Utility Annual Report D. Sample Interim Financial Reports E. Sample Policy Statements.
600			_960178
890			_aUSA
891			_aGeneral
942			_2ddc