Presentation Title
Brief Session Description
This presentation includes detailed information regarding the proper identification of personal property and its valuation. The process begins with several techniques that the assessing officer may employ to discover personal property. The discussion continues with the application of various valuation techniques with emphasis on auditing. The personal property audit phase includes current FASB requirements, writing off fully depreciated assets, Section 179 assets and other accounting processes that may influence the preparation of the accounting records.
Presentation Category
Personal Property
Audience Expertise
General Interest (Appropriate for all experience levels.)
Location
L 100 C
Start Date
9-25-2018 4:15 PM
End Date
9-25-2018 5:15 PM
Moderator Name
Raymond Beattie, Coventry, RI
Personal Property - Discovery and Valuation
L 100 C
This presentation includes detailed information regarding the proper identification of personal property and its valuation. The process begins with several techniques that the assessing officer may employ to discover personal property. The discussion continues with the application of various valuation techniques with emphasis on auditing. The personal property audit phase includes current FASB requirements, writing off fully depreciated assets, Section 179 assets and other accounting processes that may influence the preparation of the accounting records.