Search results
Results from the WOW.Com Content Network
Fixed asset - Wikipedia ... Fixed asset
Cost accounting - Wikipedia ... Cost accounting
Fixed assets management. Fixed assets management is an accounting process that seeks to track fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. Organizations face a significant challenge to track the location, quantity, condition, maintenance and depreciation status of their fixed assets.
Conversely, fixed assets like buildings and machinery are designed for long-term use in a business’s operations and are not easily converted into cash. An individual may hold fixed assets such ...
Fixed capital - Wikipedia ... Fixed capital
Fixed asset register. A fixed asset register (FAR) is a list of fixed assets that belong to an entity. [1] Traditionally the fixed asset register was maintained in written form by a bookkeeper using a book that was set aside specifically for that purpose. Nowadays, it is more often held in electronic format in an accounting system.
In finance, a revaluation of fixed assets is an action that may be required to accurately describe the true value of the capital goods a business owns. [1] This should be distinguished from planned depreciation, where the recorded decline in the value of an asset is tied to its age. Fixed assets are held by an enterprise for the purpose of ...
Fixed-asset turnover is the ratio of sales (on the profit and loss account) to the value of fixed assets (on the balance sheet). It indicates how well the business is using its fixed assets to generate sales. [1]