Accounting for Capital Assets

Accounting and Financial Reporting

Accounting for Capital Assets

Event Type: In-Person Training

Dates and Times

  • November 18, 2025 8:30 a.m.-4:30 p.m. CT

Location

GFOA Training Center
203 N LaSalle St, Suite 2700
Chicago, IL

Speakers

Michele Mark Levine, Todd Buikema, CPA, and Susannah Filipovic


Event Details

Field of Study: Accounting (Governmental)

Level: Intermediate

Credits: 8

Prerequisite: A basic understanding of GAAP for state and local governments.

Status: This event has availability.

Learning Objectives:

  • Those completing this seminar should be able to:
  • Identify the major capital asset classes and the specific types of capital assets properly included in each
  • Determine the value at which capital assets should be reported and the proper depreciation or amortization for each
  • Identify and calculate impairments
  • Prepare financial statements that conform to the display and disclosure requirements of generally accepted accounting principles (GAAP) for capital assets
  • Identify the essential elements of system design for the management of capital assets, including specific policies related to capital assets.

Member Price: $450.00

Non-Member Price: $675.00

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