How to Account for Capital Assets - January 24, 2013

Group Internet-based course
Prerequisites: None
Course level: Basic
CPE credits: 2

Time: 2:00 – 4:00 pm (Eastern)



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Who Will Benefit
Accounting and auditing professionals who serve state and local governments.


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.


Seminar Objectives

To provide participants the information they need to properly account for the capital assets of state and local governments.

The instructor for this program will be Stephen J. Gauthier, director of GFOA’s Technical Services Center, author of Governmental Accounting, Auditing, and Financial Reporting and many other accounting and auditing publications.


Registration Fees
GFOA member:  $85     Nonmember:  $160



Register online