Acquire, Track, Report: Fixed Assets For Municipal FinanceCKH Group will be hosting a free CPE webinar on September 29, 2026 at 2:00 PM EST. This course will cover the life cycle of fixed assets for municipal finance- acquiring, tracking, and reporting them for your municipality.
Acquire, Track, Report: Fixed Assets for Municipal Finance
Details
This CPE-eligible webinar is tailored for government entities, with a focus on the unique requirements of local government accounting. CKH Group’s government accounting specialists will walk through the lifecycle of fixed assets from acquisition and capitalization through depreciation, amortization, reconciliation, and disposal. They will offer practical guidance, real life examples, and common issues that ultimately affect financial reporting.
Agenda and Learning Objectives
CPE Details
CPE Credits: 1.0
Knowledge Level: Basic
Prerequisite education or experience: None
Advance preparation: None
Delivery Method: Group Internet
Intended Participants
This session is designed for city and county clerks, elected officials, accounting and finance department team members, and anyone else who provides accounting support to a municipality. This course is perfect for those newer to governmental accounting or looking to strengthen their understanding of fixed assets/captial assets. It is also beneficial for more experienced staff, including accountants and CPAs working in the government space, who want a refresher on best practices related to fixed assets.
Learning Objectives and Outcomes
Objectives (what you will learn)
- How to identify and classify fixed/capital assets in governmental accounting
- When an asset should be capitalized versus expensed
- How capitalization thresholds and policies affect accounting treatment
- How to determine and record the capitalized cost of an asset
- How depreciation, amortization, reconciliation, and disposals are handled
- How fixed assets are maintained and reflected in financial reporting
Outcomes (what you will be able to do)
- Determine whether a purchase qualifies as a capital asset
- Apply capitalization policies and thresholds consistently
- Calculate capitalized cost and record basic asset-related journal entries
- Maintain an accurate and complete fixed asset schedule
- Reconcile fixed asset records and properly account for disposals
- Support accurate fixed asset reporting throughout the asset lifecycle
In order to be awarded CPE credit, you must:
-
- Join individually – ‘conference calls’ will only award credit to the registered attendee
- Attend at least 50 minutes of the Live hour-long training.
- Participate in all engagement polls (of which there are 3).
