Rock River Region Luncheon: Best Practices in Managing Capital Assets

Presented by the Downstate chapter

Downstate chapter

Thursday, November 29, 2018, 12:00 PM–1:00 PM

Location

Tavern on Clark
755 Clark Drive
RockfordIL 61104

Map and directions

  • Members $ 20.00 Before Nov 28, 2018 Members $ 20.00
  • Government / Partner Colleagues $ 20.00 Before Nov 28, 2018 Government / Partner Colleagues $ 20.00
  • Non-members $ 25.00 Before Nov 28, 2018 Non-members $ 25.00

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Description

This lunch & learn will discuss best practices in managing Capital Assets and complying with GASB Statement No. 34 reporting requirements. Learn how to identify and classify capital assets according to designated thresholds. Then delve into the capitalization/depreciation of assets, goals for best practices, and implementing internal controls. The session will also look at the importance of creating a plan to consistently manage assets on an annual basis.

Learning Objectives: Participants completing this program will be able to:
1. Learn how to define and identify Capital Assets;
2. Understand best practices for managing Capital Assets and creating Internal Controls over assets; and,
3. Understand how to interpret and process findings.

Speaker: Sean R. Rager, CPA, CSRM, President, Asset Control Solutions, Inc.
Moderator: 
Kim Falco, Director of Business Development, Asset Control Solutions, Inc.

Delivery method: Group-Live
Program Level: Update
Prerequisites: No prerequisites required
Advanced Preparation: No advanced preparation required
Field of Study: Finance -Technical
CPE Credits: Earn about 1.0 CPE credits

CPE hours: 1.00

For more information

IGFOA
info@igfoa.org
630-942-6587

Registration and cancellation policy

Registrations are accepted on a first-in, first registered basis. Payments by check should be mailed in advance or made at time of registration by credit card. Payments will not be accepted the day of the event.

IGFOA Members are those Public Sector and Associate individuals specifically listed in the IGFOA Membership Application or Renewal. IGFOA Government non-member rate applies to staff, appointed officials, and elected officials of a government with a current IGFOA membership.  The IGFOA reserves the right to apply the non-member fee to any individual or government that has not paid dues for the current year.  If you have questions about your membership, contact IGFOA at 630-942-6587.

If you are unable to attend, please contact IGFOA at 630-942-6587 or info@igfoa.org as soon as possible.  A $10 cancellation fee will be charged for cancellations up to November 22, 2018.  Cancellations after November 22, 2018 and no-shows are responsible for the full fee.

IGFOA reserves the right to modify the agenda, cancel the event due to low enrollment, or to close registration if full. Should IGFOA Downstate Chapter cancel an event, cancellation notice will be sent to the email address provided by each registrant and prominently posted at the IGFOA website page announcing the event. By submitting this registration, the applicant agrees to the registration and cancellation policy above.

Approved by the National Registry of CPE Sponsors

CPE RegistryIllinois Government Finance Officers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

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