Issue Date: 2006-05-01
Revised Date:

Object Type

Non-Cash — USAS Special Accounting Transactions

Reference

Description

To record the loss related to an impaired capital asset that, according to the criteria in GASB Statement #42 and the definition of a special item, should be reported as a special item on the Proprietary Fund Financial Statements and the Government-wide Statement of Activities.

Note

USAS Values

Appropriation Year 20
USAS Title IMPAIRMENT LOSS - SPECIAL ITEM
Object Group 19 – Financial Reporting (Non Expenditures)
USAS Status A
Rev/Exp Category NA – NOT APPLICABLE