IAAO Course 501 – Personal Property Auditing

This course is a combination of the material contained in Workshops 552 and 553. The course includes one exam and eliminates some material that is identical in the two workshops when taught separately. This course provides a foundation for understanding basic financial records, specifically related to fixed assets. The balance sheet, depreciation schedule, and income statement will be described and discussed in much detail. Emphasis will be 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 will also be discussed. A case study including sample financial records will be used to “discover” fixed assets that may otherwise be hidden from the appraiser. This course includes an exam.

Recommended prerequisites: Course 101, Course 102, Course 500 Recommended textbook: Property Assessment Valuation (PAV) (3rd edition)

When: March 18-23, 2024

Where: Rocky Hill Fire Department, Assembly Room, 2nd Floor
3050 Main St, Rocky Hill, CT Time: 8:00am to 5:00pm

Cost: $600.00 CT Chapter Members/$650.00 Non-Members
Course fees include the cost of materials. Any required books or periodicals can be purchased at IAAO.org

This class is VERY popular and will fill quickly, seats filled based on checks received, please RSVP asap!

RSVP By Friday, February 23, 2024

For questions or to make your reservation contact Stuart Topliff 860-258-2722 or email to stopliff@rockyhillct.gov

Printable flyer and registration form