Online Capital Improvement Program Overview

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

Field of Study: Accounting (Governmental)

This course is designed to provide an overview of the Capital Improvement Program (CIP) process from the beginning stages of assessing the capital needs and requests, developing the capital plan and budget during the budget process, determining the appropriate funding sources and managing capital projects after budget adoption. Some of the information included in the course pertains directly to Georgia.


Upon completion of the course, the participant should be able to:

  • recall the definition of capital improvement program and capital assets

  • distinguish between a budget for CIP compared to operating

  • identify criteria for including improvement in CIP

  • recall planning documents and policies to consider during development of the CIP

  • recall the elements of a capital replacement schedule

  • identify the operating impact of a capital improvement on the budget

  • recall how capital improvements are selected and methods used to evaluate and prioritize

  • identify the roles of governing authority and other participants involved in the capital planning and budgeting process

  • identify the typical funding options related to a capital improvement plan

  • recall how capital improvement plans are developed and managed


Prerequisites: Basic knowledge of capital budgeting and planning process

Who Should Attend? This session is for anyone involved in development or administration of the capital budgeting and planning process.

Advance Preparation: None 

Program Level: Overview

Delivery Method: QAS Self Study

  • Final exam is required with a minimum score of 70%, one retest is allowed. Should you not pass the second attempt, you will be required to register for the course again.

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