June 4, 2018 Apolone Gentles, JD, CPA,CGA, FCCA, Bsc (Hons) Accounting Systems and Controls, Budgeting and Auditing, Business and Legal Issues, Finance and Accounting, Financial Compliance / Planning / Management, Financial Management, Insurance, Software Acquisition, Implementation and Maintenance, Systems Acquisition, Maintenance and Disposal, Uncategorized
A failure to satisfy proper cut-off, completeness, existence, accuracy and ownership are common problems arising from weak or non-existent fixed asset policies. The overarching approach to satisfying these issues is to design and implement internal controls in proper policies and procedures.
accounting, accuracy, acquisitions, Apolone Gentles, approval, budgeting, capital budget, capitalizing, completeness, cut-off, depreciation, disposals, existence, fixed assets, insurance, Internal Controls, ownership, physical security, repairs and maintenance, Reporting, year-end
