ASSET LIFECYCLE MANAGEMENT BLOG
Stay tuned for regular updates on all things asset tracking, RFID, bar coding, fixed asset inventory, asset tagging, and moreBenchmarks in Asset Management
A common set of benchmarks are used to plot the maturity of an organization’s asset management program. Using benchmarks provides a means to...
The Role of Stakeholders in Effective Asset Management
Controls are necessary in order to ensure that asset management is occurring and as expected. There are many ways to achieve control and they will...
Asset Management Entry 3 – InformationFlow
Automating asset management activities represents an important control. Typically this relates to the capture and reporting of information. However...
Management Blog Entry 2- Tracking Non-capital/Expensed Assets
In order to identify the classes of expensed/non-capitalized assets to be tracked and included within an asset management program, you must...
Asset Management – Entry 1
The term asset management is used to represent a system of internal controls designed to safeguard and track the property of an organization. Most...
Reconciliation Entry 9 – Conclusion
Generally speaking, a fixed asset register is intended to be used for depreciation reporting – not for tracking physical assets. Consequently, the...
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