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Accounting for Capital Assets
Status:
Frozen
Total items: 1
Date: 12/04/2008 thru 12/04/2008
Late Registration Deadline: 12/04/2008
Training Information:
Virtually all state and local governments use capital assets, some of which are essentially unique to the public sector. Properly accounting for these different assets can pose a real ongoing challenge for accounting and auditing professionals. This two-hour interactive training session will combine lecture and exercises to address a number of commonly encountered practice issues including: capitalizable costs, classification, valuation, lifing, impairments, depreciation, financial statement presentation, disclosure, system design, and inventorying. The guidance offered is based on GFOA’s much-anticipated forthcoming publication Accounting for Capital Assets (Fall 2008).
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