Fixed assets sometimes represent the largest single investments for a business, so every business owner should take the time to develop fixed asset policies and procedures. Fixed asset policies should ...
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 ...
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 ...
The Fixed Assets Management staff manages all financial reporting of fixed assets, including equipment, land, buildings, infrastructure (sidewalks, exterior lighting, piers, and docks, etc.), ...
Fixed assets are expensed over their expected lifespan, distinct from regular assets expensed immediately. A fixed asset capitalization policy clarifies how assets are treated financially within a ...
The fixed asset custodian plays an important role in maintaining the accuracy of the data contained within the University's fixed asset system. The Office of the Comptroller relies on the custodians ...
Fixed asset management is an essential business process that offers multiple benefits. It provides accurate tracking, valuation, and control over tangible assets such as buildings, machinery, or ...
Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in a ...
It's not that Uncle Sam does not want your clients to deduct those big-ticket items that are critical to running almost any business. The less cynical among us would nod and agree with the Internal ...
Learn how floating liens allow businesses to secure loans with dynamic assets like inventory; understand the process of ...
Stephanie Trovato is an experienced journalist with a focus on tech and small business. She has written for national web publications like Hubspot, SmallBizClub, and Investopedia. You can find her at ...
THE OIL AND GAS BUSINESS is not only asset-intensive; it's also transaction-intensive. Acquisitions and dispositions are routine occurrences. Together, these two realities underscore the importance of ...