Establishing the existence of a business's fixed assets and evaluating their value is an essential auditing task. Despite this, many businesses do not do a great job of keeping track of fixed assets.
While there was a minor flurry of fixed asset activity surrounding the Economic Stimulus Act of 2008 and its depreciation and tax impact on businesses, the major focus in fixed asset software packages ...
FRISCO, Texas, May 26, 2020 /PRNewswire-PRWeb/ -- Asset Panda dramatically transformed its fixed asset audit tool on May 16, making it easier than ever for businesses to get up-to-date information ...
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 ...
Transitions are difficult for any class of software, but fixed asset management programs have had more than their fair share of adjustments in the past few years.What began as a simple spreadsheet ...
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 ...
According to Hardcat Managing Director, Mr Dan Drum, a typical asset audit by Hardcat uncovers at least 15-30 per cent discrepancy within an organisation’s established fixed asset register.
Learn to calculate fixed asset depreciation in Excel using methods like straight-line, sum of the years' digits, and more for accurate financial analysis.
After investing dozens of hours into researching more than 20 asset tracking companies, our team found the best one is Samsara. This platform offers users customizable solutions that are equipped with ...
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 ...