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Corporate Analyst & Consultant Pvt. Ltd. (“CAC”) is a leading management consulting company providing professional services to its clientele since 2012.
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Renowned for excellence, CAC specializes in accounts and finance, providing expert services in management consulting, investment banking, wealth management, and sustainability for comprehensive and forward-thinking financial solutions.
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Managing fixed assets is not easy and very inconvenient. Therefore, fixed asset management consultants are here to help entrepreneurs in managing their company’s fixed assets. It is important to carry out asset management to strengthen business decisions. Because with this you can determine whether you have sufficient resources to pay your business obligations. With fixed asset management consultants,…
Fixed Assets used to be important for businesses in terms of investment costs, but today it has become a strategic topic that provides a competitive advantage and is based on the return performance of investments. When we consider the large fixture groups and auxiliary equipment such as machines, IT and hardware equipment, and office furniture…
Fixed Asset Register (FAR) Maintenance in a company is very important so that everything goes well, in addition, it also helps a company in reducing expenses related to fixed assets. Along with Fixed Asset Register (FAR) Maintenance, Fixed asset management is also required by companies which in turn assists in maintaining fixed asset registers more efficiently. Fixed…
Every company needs to manage its assets by turning to fixed asset register (FAR) maintenance services to ensure good asset management. What is asset management and what are the steps or techniques for doing it? Here’s the explanation! Assets in accounting are resources or wealth owned by an entity. Where, every company must have an asset, whether…
A fixed asset register is a record of all assets held by a business that is intended to be used for commercial purposes and not to be sold for profit. Such a record is required for tax purposes. Fixed asset register (FAR) maintenance includes the collection of detailed information about all fixed assets held by the company….
What is good management of assets? How will it affect your business? Do you need fixed asset register (FAR) maintenance services? Well, we will go by parts. Properties, plants, and equipment all these things remain active in a company, the latter is also used in the production of both goods and services. If you have the correct…
The global goal of the accounting policy of any enterprise, regardless of the form of ownership and structural subordination, is to provide an opportunity for the management of the enterprise and its owners to objectively assess the assets and liabilities of the enterprise. Fixed assets occupy a prominent (usually the most important) place in the…
Many benefits are there in conducting asset revaluation, Namely: Showing a Reasonable Wealth Position The major purpose of asset revaluation is to provide a true value to the company’s assets. Thus, the value of assets recorded in the financial statements will represent a fair value. Asset revaluation will also be very important for companies that…
Broadly speaking, asset management refers to any system that monitors and maintains anything of value to an entity or group. This management applies to both tangible assets, such as buildings, and intangible assets, such as people, intellectual property rights, goodwill, and financial assets. Asset management is a systematic process to develop, operate, maintain, and increase…
A fixed assets register is a list of all the assets held by a company that is intended to be used for business purposes and have not been sold off for profit. Such an item is required by law for some companies for tax purposes. Keeping a fixed asset register includes collecting detailed information about…
