For most public entities, capital asset accounting and financial reporting is an extremely challenging task. The complexities of capital assets accounting present unique challenges and frequently, it is also one that receives a lower level of priority within the organizational structure. Obtaining information necessary to properly record, reconcile and support asset values and financial reporting functions requires coordination from across the organization, and often involves multiple software systems and databases. Accurate data and valuations are critical for control, compliance, and prospective expenditure planning. Additionally, many entities add insurable values to the mix.  In this interactive session, our panel of experts will discuss best practices for when to capitalize and when not to, assigning, reporting, and maintaining valuations on land, buildings, land improvements, movable capital assets and complex infrastructure facilities. A unique perspective will be provided from finance professionals who have been in the same position as you and your organization, including lessons learned and shared.