Online Accounting for Capital Assets

Participants will earn 3 CPE, .3 CEU, 3 Contact Hours

Field of Study: Accounting (Governmental)

This course will provide an overview of capital assets including the valuation, accounting, depreciation, and impairment.


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

  • identify the accounting entries for capital assets

  • recall how to account for capital asset impairments


Prerequisites: Knowledge in state and local governmental accounting and financial reporting related to capital assets

Who Should Attend? This session is for state and local governmental accounting and financial reporting professionals and others responsible for developing or maintaining capital asset records.

Advance Preparation: None 

Program Level: Basic

Delivery Method: QAS Self Study


Complete the course's required online quizzes and exercises within 30 days of receiving the "Welcome" email with course URL, username and password information.


NASBA logoUniversity of Georgia, Carl Vinson Institute of Government, 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:  https://www.nasbaregistry.org


For more information regarding refund, concerns and program cancellation policies, please contact Michele Jurkiewicz at the contact information listed.


January 1, 2020 - December 31, 2021