AVS - Associated Valuation Services: GASB 34/35


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Governmental Accounting Standards Board statements 34/35 (GASB 34/35) changed the way schools, government and public enities report financial information. This means learning new practices and developing reporting procedures for assets depreciation schedules. Compliance requires having a stated method of depreciation for capital assets over their useful life.

Examples of capital assets are:

Office Equipment and Furniture
Vehicles
Building structures
Land
Land Improvements and Infrastructure

AVS has the expertise and knowledge to help your organization to create, update and maintan this critical information. We can help you anaylize, create and develop your GASB information for depreciation on your capital assets. We offer additional annual recapitulation services and our WITS service to help you track and update depreciation schedules and stay compliant.

Our WITS service helps you maintain your GASB information year-round through you and your staffs' own online input.

Click here to see additional information regarding WITS or call us at 888-404-1997 for a demonstration today!

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