fixed asset management company<\/a><\/strong> specialized in the managerial activities.<\/p>\n\n\n\nThe analysis of fixed assets can be carried out in several\ndirections, the development of which in combination makes it possible to assess\nthe structure, dynamics and efficiency of the use of fixed assets and long-term\ninvestments.<\/p>\n\n\n\n
Measures to ensure an increase in the efficiency of the use\nof fixed assets can be considered as measures to reduce the need for their\nfinancing and increase the pace of economic development of the organization\nthrough more rational use of their own financial resources.<\/p>\n\n\n\n
The rational management of fixed assets has several\nadvantages. The reliable and precise identification of the goods constituting\nthe fixed asset facilitates periodic physical and accounting inventories and\nallows a better adjustment with reality (goods out of service, disposals,\ndisappearances, thefts, etc.)<\/p>\n\n\n\n
Constant knowledge of maintenance and insurance costs also\nmakes it easier to terminate contracts once the asset has been sold or taken\nout of service.<\/p>\n\n\n\n
In addition, the monitoring of transfers of goods between\nestablishments and\/or sections integrates the rational inclusion of endowments\nin the analytical calculation of cost prices.<\/p>\n\n\n\n
The basis for calculating the business tax and the municipal\nservices tax is optimized, thanks to the application of the provisions for\nexemption, cost reduction, reduction of coefficients, etc. which often\ngenerates substantial savings!<\/p>\n\n\n\n
New international\naccounting standards<\/strong><\/p>\n\n\n\nThe adoption of international accounting standards (IAS) and\ninternational financial reporting standards (IFRS) impose a new vision of fixed\nassets and disrupt their management.<\/p>\n\n\n\n
In fact, following the adoption of IFRS standards, companies\nhaving to migrate to the international standard must set up real asset\nmanagement and analyze all aspects of the management of fixed assets that will\nbe affected by the standards.<\/p>\n\n\n\n
The implementation of dynamic management of fixed assets\nrequires an organized and thoughtful approach which must be structured in\nproject mode. Most often, this requires structured support as well as the\nsupport of all the stakeholders within the company.<\/p>\n\n\n\n
The main stages of the dynamic management of fixed assets<\/p>\n\n\n\n
- Review and reconstruction of the detailed file\nof fixed assets.<\/li>
- Realization of an exhaustive physical inventory\nand reconciliation with accounting data.<\/li>
- Establishment of asset management procedures.<\/li>
- Establishment of an information system for the\nmanagement of fixed assets presenting the functionalities necessary for the\naccounting and operational monitoring of the company’s assets, in accordance\nwith local standards and IFRS.<\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"
Fixed asset is the main element of the property potential of the organization. Improving the use of fixed assets is one of the factors in stabilizing economic growth. If the fixed assets does not correspond to the equipment of the physical volume of activity, this negatively affects the level of potential in general, ensuring social…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[112,114,113],"class_list":["post-380","post","type-post","status-publish","format-standard","hentry","category-fixed-asset-management","tag-fixed-asset-management-company","tag-importance-of-optimal-management-of-fixed-assets","tag-optimal-management-of-fixed-assets"],"_links":{"self":[{"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/posts\/380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/comments?post=380"}],"version-history":[{"count":1,"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/posts\/380\/revisions"}],"predecessor-version":[{"id":382,"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/posts\/380\/revisions\/382"}],"wp:attachment":[{"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/media?parent=380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/categories?post=380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/tags?post=380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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