Fixed Asset Management Best Practices

What Benefits Do We Get From Fixed Asset Revaluation
What Benefits Do We Get From Fixed Asset Revaluation

What Benefits Do We Get From Fixed Asset Revaluation

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…

Understanding The Importance Of Company’s Fixed asset Management
Understanding The Importance Of Company’s Fixed asset Management

Understanding The Importance Of Company’s Fixed asset Management

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,…

Get Timely Report Of Your Fixed Assets By Maintaining A Fixed Asset Register
Get Timely Report Of Your Fixed Assets By Maintaining A Fixed Asset Register

Get Timely Report Of Your Fixed Assets By Maintaining A Fixed Asset Register

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…

Fixed Asset Management As A Potential Profitability Lever
Fixed Asset Management As A Potential Profitability Lever

Fixed Asset Management As A Potential Profitability Lever

Fixed assets represent an important part of the balance sheet, and their monitoring is, therefore, a major issue for companies. From purchase to disposal, a company needs to master the accounting treatment, monitoring, and management of these fixed assets. Fixed…

Fixed Asset Management – A Technical Necessity Or A Company’s Core Competencies?
Fixed Asset Management – A Technical Necessity Or A Company’s Core Competencies?

Fixed Asset Management – A Technical Necessity Or A Company’s Core Competencies?

In a company, the management division is very important, such as – marketing management, production management, the notion of asset management. As it is known, assets in a company are not only in the form of goods, but also human…

Deepen Your Understanding Of Fixed Asset Management To Reduce Unnecessary Expenses
Deepen Your Understanding Of Fixed Asset Management To Reduce Unnecessary Expenses

Deepen Your Understanding Of Fixed Asset Management To Reduce Unnecessary Expenses

Most companies have a wide range of fixed and liquid assets, so cost-effective implementation, management, maintenance, upgrading, and disposal of assets are essential to achieve the highest possible return on investment. In addition, there are now new opportunities to significantly…

Demonstrate A Fair Position Of Your Company With Fixed Asset Valuation
Demonstrate A Fair Position Of Your Company With Fixed Asset Valuation

Demonstrate A Fair Position Of Your Company With Fixed Asset Valuation

Over time, your business will experience ups and downs and developments. Especially if your business has been running for many years. This of course has an impact on the value of assets related to the business you are in. For…

Fixed Asset Valuation And Management: How It Can Help In Decision Making?
Fixed Asset Valuation And Management: How It Can Help In Decision Making?

Fixed Asset Valuation And Management: How It Can Help In Decision Making?

Assets are mandatory things that must be taken into account, both by individuals and by companies. Why is that? Because assets are a measure of the level of wealth owned by a person or an institution. Then, what if the…