Fixed assets sometimes represent the largest single investments for a business, so every business owner should take the time to develop fixed asset policies and procedures. Fixed asset policies should ...

The fixed asset custodian plays an important role in maintaining the accuracy of the data contained within the University's fixed asset system. The Office of the Comptroller relies on the custodians ...

Fixed assets, also known as property, plant and equipment, are usually expensive items that last long term, such as real estate, heavy equipment and furniture. Accountants in charge of this area of a ...

Acquisition and Capitalization: All fixed asset purchases are to be made in accordance within the policies and procedures of the University and Research Institute Purchasing Offices. Approval of ...

If you operate a factory, you rely on machinery to produce salable goods. If you’re a freight company, your fleet of trucks is the key to making money. Every business has fixed assets that are ...

Fixed assets are assets that are staples of your business, like property, equipment, and plants. These assets are tangible and depreciable, and typically last for longer than one year. Understanding ...

Fixed assets and depreciable assets are two very closely, interrelated items on a company's balance sheet. Let's define each and describe how they are the same and subtly different. A fixed asset is ...

When companies buy big ticket items like buildings, machinery, or vehicles, accountants are not necessarily required to keep those assets on the books in a specific way. There are rules, of course, ...

It's not that Uncle Sam does not want your clients to deduct those big-ticket items that are critical to running almost any business. The less cynical among us would nod and agree with the Internal ...

Companies don’t need to be haunted by ghost assets. And yes, ghost assets are very real and can have a scary impact on the bottom line. What is a ghost asset, you ask? Well, it’s a fixed asset in a ...

For the last nine fiscal years, the University Community has been asked to utilize the Fixed Asset Confirmation Tool to complete the annual fixed asset confirmations process. On Wednesday, June 11, ...

The Fixed Assets Management staff manages all financial reporting of fixed assets, including equipment, land, buildings, infrastructure (sidewalks, exterior lighting, piers, and docks, etc.), ...