Fixed Assets: More than Depreciation
Whether you’re reporting to senior management, a government agency, auditors, donors and executive boards, or the IRD, you are accountable for the status and value of your organisation’s many fixed assets. Those assets can take the form of buildings, machinery, computers and other electronic equipment, office furnishings, even assets you build.
Fixed Assets: Accountability
As the Finance Manager, you need to:
- Constantly stay in compliance with the latest (and ever-changing) regulations or risk being penalised
- Optimise your and your staff’s time to eliminate redundant and repetitive activities
Fixed Assets: Compliance
Acronyms for regulatory agencies, laws, and even forms run the gamut: IRD, GAAP, SOX, but your compliance can’t.
BES can help you plan to prepare. You’ll know exactly where you stand with your fixed assets’ value, how much they should be insured and what you can expect for a replacement value.