Demystifying Depreciation and How to Make Use of It

Our colleagues in the Environmental Finance Center Network (EFCN) are hosting a new webinar that focuses on how depreciation of water assets can help with infrastructure decisions.

DATE:              Thursday, December 1

TIME:               2:00-3:00PM (eastern)

REGISTER:      https://attendee.gotowebinar.com/register/5288948175631762435

As water infrastructure ages, it loses value due to wear and tear. The accounting term that represents this reduction in value is depreciation. Where does this number come from? What does it actually mean? And how can it be used to improve the management of water systems?

This webinar will:

• Explain how accountants measure depreciation for water systems,
• Discuss the differences in the depreciated value of water assets as measured by accountants vs. their actual condition, and
• Explore ways that depreciation can be incorporated into long-term system planning.

This webinar is most appropriate for individuals who make financial and managerial decisions on behalf of their water systems such as managers, budget and finance officers, clerks, and governing board members.