{"id":555,"date":"2021-06-27T10:56:00","date_gmt":"2021-06-27T10:56:00","guid":{"rendered":"https:\/\/www.cac.net.in\/blog\/?p=555"},"modified":"2021-07-05T11:08:53","modified_gmt":"2021-07-05T11:08:53","slug":"keep-control-over-your-assets-with-fixed-asset-management-services","status":"publish","type":"post","link":"https:\/\/www.cac.net.in\/blog\/keep-control-over-your-assets-with-fixed-asset-management-services\/","title":{"rendered":"Keep Control Over Your Assets With Fixed Asset Management Services"},"content":{"rendered":"\n
\"Fixed<\/figure>\n\n\n\n

Fixed asset management<\/a><\/strong> is a practice of continuously managing all of the company’s assets, whether tangible or intangible. More and more often, this management of fixed assets also involves monitoring accounting depreciation over time.<\/p>\n\n\n\n

In an increasingly complex national and international regulatory framework, this is indeed a major regulatory issue.<\/p>\n\n\n\n

Fixed asset management is a systematic and coordinated activity of the organization, aimed at the optimal management of physical assets and their modes of operation, risks, and costs throughout the entire life cycle to achieve and fulfil the strategic plans of the organization.<\/p>\n\n\n\n

The advantage of such management with the experts of CAC is the reduction in the cost of maintenance, repairs, and material and technical supply, without compromising the level of reliability. Or, conversely, an increase in the production parameters of equipment without increasing the cost of it.<\/p>\n\n\n\n

In addition to the accounting standards, there is the need to clarify the company’s accounts to facilitate controls and audits. It is also important to note that the balance sheet of the company engages the responsibility of the auditor but also the directors of the company.<\/p>\n\n\n\n

It is therefore essential:<\/p>\n\n\n\n