This Telecom Accounting 101 webinar will provide a practical foundation in the fundamentals that make telecom accounting distinct, with a focus on 47 CFR Part 32, Uniform System of Accounts for Telecommunications Companies (Part 32), its requirements, and real-world applications. We’ll share insights on how to map operational activities to the telecom chart of accounts confidently, recognize common pitfalls that can lead to reporting challenges, and apply sound payroll spreading and cost allocation practices designed to align with audit expectations.
This webinar will also introduce key principles of investment and plant accounting, including capitalization and the role of continuing property records (CPRs), equipping finance teams with knowledge to support accurate, compliant, and transparent financial reporting in a telecom environment.
Learning Objectives
Upon completion of this program, participants will be able to:
- Recognize the core principles of Part 32 accounting and the key factors that differentiate telecom accounting from other industries.
- Apply best practices for mapping the chart of accounts and identifying common errors that can impact downstream reporting.
- Employ effective payroll spreading, cost allocation, and basic investment accounting processes to help improve accuracy and audit readiness.
Don’t miss the other webinars in our series!
- Telecom Tax Update: Top Questions Right Now
- Thursday, August 27 ▪ 3–4 p.m. ET
- From PBC to Opinion: Driving Audit Efficiency
- Thursday, September 24 ▪ 3–4 p.m. ET
- FCC’s NPRM on ICC & USF Modernization for All-IP Network
- Thursday, October 29 ▪ 3–4 p.m. ET
CPE Information
1.00 CPE Credit(s) (pending approval)
One CPE credit (pending approval) in the Specialized Knowledge field of study may be awarded upon verification of participant attendance during live broadcast.
Fields of StudyAttendance Policy
Who’s This For
Telecom and accounting professionals.
Prerequisites
None
Delivery Method
Group internet-based. Each attendee must be logged in and answer the poll questions to receive CPE credit.
Refund Policy
There is no fee associated with this event.
Program Level
Basic
Recommended Field of Study
Specialized Knowledge
Advanced Preparation
None
If you have concerns or would like information regarding program cancellation policies or CPE credit, contact us at [email protected].Forvis Mazars, LLP 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.nasbaregistry.org.
Presenter(s)
Theresa Bolog, Nick Laing
