Fixed Assets Accounting

What are fixed assets and why are they important to City governments? Why is fixed assets one of the last accounting tasks pending to get the books ready for audit? How did GASB 34 change the accounting and reporting of fixed assets at Cities?

Call us to discuss our fixed assets accounting training program to learn all about the detail procedures City staff peform and the highlights of the most important procedures that must be carried out to safeguard assets of the City. This training program also looks at the bottlenecks in timely and properly recording and reporting fixed assets on the books.