Course Descriptions

Description:

This course combines Workshop 552 and 553 material and provides a foundation for understanding basic financial records, specifically related to fixed assets. The balance sheet, depreciation schedule, and income statement are described and discussed in detail. Emphasis is placed on the pertinent data relevant to the personal property appraiser. In addition, the course expands to advanced discussions of accounting and auditing theory as it relates to fixed assets. Capitalization techniques are also discussed. A case study that includes sample financial records is used to “discover” fixed assets that may otherwise be hidden from the appraiser. For more information about this course, please review the Course Information Packet.

Registration fees must reflect current TAAD membership status.  Registrations received without payment will not be accepted.
Cancellation deadline/penalty: $100 administrative charge is deducted for cancellations. Requests for partial refunds must be received by TAAD in writing no later than one week prior to the first day of the course.

Description:

This workshop expands the understanding of financial records provided in the Basic Personal Property Auditing Workshop (Workshop 552) and presents advanced discussions of accounting and auditing theory as it relates to fixed assets. Capitalization and expense rules are also discussed. The use of computers, including spreadsheets, is reviewed and an audit template is provided. Instruction for using the template is done through a case study.  For more information about this course, please review the Course Information Packet.

Virtual Offering**

Registration fees must reflect current TAAD membership status.  Registrations received without payment will not be accepted.
Cancellation deadline/penalty: $100 administrative charge is deducted for cancellations. Requests for partial refunds must be received by TAAD in writing no later than one week prior to the first day of the course.