This guide provides information to Councillors about depreciation, valuation of assets and the methodologies for Queensland Local Government accounting purposes.
Asset management and asset accounting are part of the core business of Local Government. This Guide will help ensure that assets are valued and depreciated correctly so that important decisions can be made using accurate information.
The guide has been prepared in consultation with the Department of Local Government, Sport and Recreation; Queensland Audit Office; Queensland Treasury Corporation; Queensland Treasury; Local Government Accountants Association and the LGAQ Financial Reference Group.
Hard copies of this publication are no longer being produced.
These resources are also available in the library: