Most companies have a mix of fixed assets and inventory. Although both act as assets, each gets treated differently on a companies financial statements. Different generally accepted accounting ...
Fixed assets are items used by businesses to help produce income and often have significant value. Fixed assets differ from other business expenses such as paper or ink because the items are used over ...
The Fixed Assets Management staff manages all financial reporting of fixed assets, including equipment, land, buildings, infrastructure (sidewalks, exterior lighting, piers, and docks, etc.), ...
Businesses can track and manage all operational assets in one place with Bulbthings. The company recently unveiled its ...
Discover the key differences between IFRS and GAAP accounting standards, and learn how they impact financial reporting for ...
All departments are required to perform a complete inventory of their capital equipment once per year. This process is an important control activity designed to safeguard the assets of the University.
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 ...