by Verasset | Oct 23, 2013 | Asset Life Cycle, Asset Reconciliation, Asset Reconciliation Verification, Fixed Asset Depreciation, Fixed Asset Inventory, Fixed Asset Management, Fixed Asset Reconciliation, Fixed Asset Register, Latest News, Physical Inventory, Sarbanes-Oxley Act
Tracking and managing assets is an important and usually daunting task for an organization, regardless of size. Fixed assets can be defined as property that a firm owns and uses in the production of its income. Examples of fixed assets include, but are not limited to,...
by Verasset | Oct 16, 2013 | Asset Reconciliation, Fixed Asset Depreciation, Fixed Asset Reconciliation, Latest News, Sarbanes-Oxley Act
When Congress passed the Sarbanes-Oxley Act, it sought to improve corporate governance of public corporations and reduce fraudulent reporting. The Act places new reporting burdens on corporations and imposes penalties for non-compliance. Chief Executives of public...
by Verasset | May 10, 2013 | Asset Appraisal, Asset Reconciliation, Fixed Asset Depreciation, Fixed Asset Inventory, Fixed Asset Reconciliation, Latest News, Physical Inventory, RFID
A senior consultant to Verasset Corporation, has published a book titled Optimizing the Asset Lifecycle. Brad Vinecombe has worked in the asset management and tracking industry for over 20 years, having founded, run, and sold several businesses and products related to...
by Verasset | Apr 18, 2013 | Fixed Asset Depreciation, Fixed Asset Inventory, Fixed Asset Reconciliation, Fixed Asset Register, Latest News, Physical Inventory
Fixed assets are items of personal (moveable) property with an estimated useful life of more than one year. Examples of fixed assets include furniture, fixtures, equipment, computers, vehicles, and similar items of personal property. A fixed asset does not lose its...
by Verasset | Mar 7, 2013 | Asset Reconciliation, Fixed Asset Depreciation, Fixed Asset Inventory, Latest News, Physical Inventory
Capitalized fixed assets are assets that meet or exceed a defined value threshold and are depreciated in value over their useful life. Asset depreciation is usually recorded each month. One common depreciation method is to calculate annual depreciation expense and...
