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 ...

Plant assets and equipment usually represent a large portion of a company's total assets. The cost to maintain and depreciate fixed assets can also be a big line item expense on the income statement.

Any business that uses assets should hold a regular asset inventory audit in order to track important data like the number, condition, and location of all assets. The audit is a cost-effective method ...

Managing fixed assets data still represents significant challenges for tax professionals. Getting your fixed assets management wrong can lead to costly inefficiencies, longer quarterly and year-end ...

Fixed asset product maker Asset Panda has released an eponymous SaaS and mobile app designed to automate and simplify the job of tracking and managing fixed assets—notably industrial equipment, ...

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 ...

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 AICPA on Thursday published nonauthoritative guidance on how to audit digital assets such as cryptoassets. The guidance was added to the free practice aid Accounting for and Auditing of Digital ...

The National Drainage and Irrigation Authority (NDIA) had no fixed asset register despite having billions of dollars in equipment and management was unable to explain how it spent $1.8b in repairs ...