This course will provide an overview of capital assets including the valuation, accounting, depreciation, and impairment. Some of the information included in the course pertains directly to Georgia.

Upon successful completion of this course, the participant should be able to

• define capital assets
• recall the capital asset accounts provided in the local government chart of accounts
• calculate a capital asset's value and depreciation
• discuss the accounting entries for capital assets
• explain the how to account for capital asset impairments

The course is comprised of three 1-hour recorded webinar sessions and associated review questions. The participant is required to pass a final exam.