Fixed Assets

Beginning with fundamental accounting principles and modern regulatory standards like GAAP and IFRS, the book progresses through valuation methods, including historical cost and fair value. It guides the reader through the entire lifecycle of a fixed asset, exploring depreciation methods like straight-line and declining balance. Case studies and real-world scenarios demonstrate practical application across various industries, connecting to fields like tax law and operational management.

What sets this book apart is its strategic perspective, going beyond accounting mechanics to explore the broader implications of asset management on financial performance. By implementing the strategies outlined, readers can improve asset tracking, streamline depreciation calculations, and optimize capital budgeting decisions.

Ultimately, the book aims to help unlock the hidden potential within an organization's asset base and drive sustainable financial performance through proactive asset management.