Capital Asset Accounting
Capital Asset Accounting
Virtual Forum HomepageSession Details
Date: Thursday, July 13
Time: 11:00 am - 12:40 pm ET
2 CPE credits
Level: basic
Field of Study: Accounting (Governmental)
This training will furnish participants with a basic conceptual understanding of accounting and financial reporting for capital assets in conformity with generally accepted accounting principles (GAAP). This session will focus on a library construction project and the essential considerations and journal entries needed to account for the transactions and other events associated with the project, and throughout the life cycle of general governmental capital assets.