Pioneer Consulting Group, Inc. has completed more than 200 GASB 34 Compliant Fixed Asset Accounting Systems nationwide.
GASB 34 Fixed Asset Accounting System
The Governmental Accounting Standards Board (GASB) is responsible for establishing and improving accounting and financial standards for state and local government. In June 1999 GASB issued Statement Number 34. Statement 34 requires that state and local governments begin to report on the value of their infrastructure assets. These assets include both capital assets and infrastructure assets.
Capital assets include land, buildings, vehicles, equipment, etc. Infrastructure assets include water and sewer mains, hydrants, valves, roads, sidewalks, dams, drainage, etc.
GASB 34 requires that fixed asset records must be maintained in a complete, accurate and detailed manner and that governments report all capital assets with the consideration of depreciation, including infrastructure assets and "historical treasures."
Pioneer Consulting Group, Inc. provides turn-key GASB 34 compliant Fixed Asset Accounting studies for local government and publicly owned utilities.
PIONEER AND GASB 34
Why are we uniquely qualified to assist you with GASB 34?
Since 2001, Pioneer Consulting Group, Inc. has completed more than 200 GASB 34 Compliant Fixed Asset Accounting Systems.
Our work-plan for each community was as follows:
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