Fixed Asset Management Good Reads Fixed Asset Audit: Best Practices and Procedures A fixed asset audit is a crucial process that ensures a company’s physical assets—like machinery, equipment, and property—are accurately recorded, properly maintained, and used efficiently. These audits play a key role in financial accuracy, regulatory compliance, and fraud prevention by verifying asset values and identifying discrepancies. Without proper audits, businesses risk financial misstatements and potential […] Written by Vinutha June 19, 2025June 19, 2025
Asset Management Fixed Asset Management Inventory Management Video Blogs Fixed Assets Inventory and its Importance In business, fixed assets are tangible items with a useful life of more than one year and are used in producing or supplying goods and services. These items range from office furniture, tools, and equipment to property, plant, and equipment. The inventory of these assets must be kept up-to-date and accurate in order to ensure […] Written by Vinutha March 13, 2023February 3, 2025
Asset Management Complete Guide on Depreciate Fixed Assets in 2025 As a business owner, you have probably invested in equipping your company with various assets, fixed assets being chief among them. Fixed assets are physical or intangible assets that a company uses in its business operations and cannot easily convert to cash. These assets are recorded on a company’s balance sheet and typically have a […] Written by Ganesh N Kumar October 2, 2022April 30, 2025
