May 28, 2015
Capitalization and depreciation may not seem like an exciting topic but it is important. What is your capitalization threshold is and why? Do you group all new purchases together and depreciate them or expense them if they are under the threshold? What non-physical items, such as website development, databases and equipment installation can be capitalized? What are best practices for capital budgeting and how do you fund capital purchases and allocate their expense? What about upcoming changes to fixed assets by FASB? This session will be practical information about this topic and an opportunity to ask questions. The presenter is Alexandria Regan, an audit partner at KAF (Kirkland, Albrecht and Fredrickson), specializing in not-for-profit clients.