“Capital Asset Headaches: Common Deficiencies and How to Avoid Them” – Webinar
9:00 a.m.-10:30 a.m., Wednesday, July 25
CSMFO Coaching Program
Capital assets accounting remains one of the primary reasons for modified audit opinions. Learn the most common challenges to capital asset systems and how to solve them.
Advance registration required for this no-charge webinar:
* What are capitalizable costs and appropriate asset classifications and valuations?
* How do you deal with asset impairments and depreciation?
* How do you handle the financial reporting for capital assets?
* What capital asset policies and procedures can help guide your efforts?
* Greg Allison, Teaching Professor, University of North Carolina
CSMFO Color Commentator:
* Laura Nomura, Asst. General Manager – Finance and Administration, City of Riverside Public Utilities
Audience: local government finance professionals with responsibility or oversight for capital assets and reporting.
Get connected with these steps.
1. Register in advance for the webinar:
There is no charge for participating in the webinars, but each requires advance registration.
*** Advance registration required for this no-charge webinar:
Be sure to "white list" or "allow" emails from email@example.com to receive notices for this webinar.
2. Connect with the webinar and audio:
Use your logon information from the email confirmation you receive via email from GoToWebinar. We recommend the telephone option dial-in number provided by GoToWebinar for sound quality. Depending upon your internet connection, VOIP option for audio (computer speakers) can have delays or sound quality issues.
3. Ask questions:
You may submit questions anonymously via email to CSMFO@DonMaruska.com in advance or via the webinar during the panel discussion. As moderator for the session, Don Maruska will pose the questions.
4. Presenters’ presentation materials: We post these with the agenda at “Agendas & Archives” tab of www.csmfo.org/training/webinars. The PPT will be available 24 hours before the webinar.
After a webinar occurs, a digital recording along with the PowerPoint materials and results of the polling questions will be available after 24 hours at the "Agendas & Archives" tab of www.csmfo.org/training/webinars.
CPE Credits: If you are a member of CSMFO and wish to obtain CPE credit, you need to register and attend in your name, respond to at least 75% of the live polling questions, and pay $25 to CSMFO after notice from CSMFO following the webinar. After payment, CSMFO emails the CPE certificate as a PDF.
Post-Webinar Group Discussions
Many agencies are organizing groups to participate in the webinars (live or recorded) and discuss the topics among themselves after the webinars. Some are summarizing their discussions and distributing them to managers throughout their organizations. Use the CSMFO Coaching Program as an effective way to enhance professional development in your agency. Here are some discussion starters for this session:
a. Where do we need to tune up our capital asset policies and procedures?
b. What changes in valuation and/or reporting do we need to consider?
c. What resources would we like to tap to help?
MORE RESOURCES--See the "Coaching Corner" at www.csmfo.org/coaching for valuable resources to boost your career. These include a Financial Management Skills Inventory, Resource Matrix, Coaches Gallery of 24 volunteer CSMFO Coaches willing to help you on a one-to-one basis, and an archive of digital recordings and materials from past webinars at www.csmfo.org/training/webinars.
Enjoy the resources to help you succeed in local government finance.