Managing Fixed Assets in the Public Sector
Managing Fixed Assets in the Public Sector

Author: William D. Brady

Publisher: Universal-Publishers

Published: 2001

Total Pages: 142

ISBN-13: 1581126840

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This text is the foremost compilation of information about managing the public sector fixed assets function. No two-fixed assets management functions are alike and there is no real collective information bank for the managers to use. Not only are management principles provided, but also definitions of some key settings in managing fixed assets from defining fixed assets to accountability for those assets. This text was written to help better operate the day-to-day affairs of the public sector fixed assets management function. The information presented here is not new; however, the information is not contained in one concise location. The concepts and principles presented here are of interest to all-public sector administrators. However, those individuals working in the day-to-day operations are those who will find this text most interesting. It should be used to stimulate conversation and communication on the subject of personal property management. In so doing, the expectation is that these conversations and communications will increase the effectiveness and efficiency of personal property management. The public sector is an area that relies on sound management practices and the management on those assets entrusted to us is no exception. Within the confines of this text will be found sound management practices to further the overall effectiveness of fixed assets management.

Accounting for Fixed Assets
Accounting for Fixed Assets

Author: Raymond H. Peterson

Publisher: John Wiley & Sons

Published: 2002-10-15

Total Pages: 194

ISBN-13: 0471275018

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Strategies AND techniques for getting the most out of A COMPANY'Sphysical assets Accounting for Fixed Assets, Second Edition presents comprehensiveguidelines for effectively managing property, plant, and equipmentin order to get the maximum benefits out of investments in theselong-term tangible assets. Enhanced with numerous examples andillustrations, this new edition features essential material ongovernment accounting, not-for-profit accounting, and practicalcomputer programs. Complete, up-to-date coverage of fixed-asset accountingincludes: * Asset classification * Base unit * Asset value * Asset safeguards * Inventories of fixed assets * Extraordinary repairs * Written policies * Self-constructed assets

Internal Control of Fixed Assets
Internal Control of Fixed Assets

Author: Alfred M. King

Publisher: John Wiley & Sons

Published: 2011-01-31

Total Pages: 257

ISBN-13: 1118028368

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For many companies, fixed assets represent the largest single aspect of their financial statement, yet rarely do they command time proportionate to the magnitude of the investment. This is the first book to show how to implement internal controls for fixed assets. It is a step-by-step guide for developing and maintaining a functioning internal control system that will withstand the closest scrutiny from independent public accountants and the PCAOB. With up-to-the-minute discussion of IFRS and GAAP, this is a must-have guide for controllers, auditors, and CFOs.

Physical Asset Management
Physical Asset Management

Author: Nicholas Anthony John Hastings

Publisher: Springer Science & Business Media

Published: 2009-09-29

Total Pages: 383

ISBN-13: 1848827512

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Physical asset management is the management of fixed or non-current assets such as equipment and plant. Physical Asset Management presents a systematic approach to the management of these assets from concept to disposal. The general principles of physical asset management are discussed in a manner which makes them accessible to a wide audience, and covers all stages of the asset management process, including: initial business appraisal; identification of fixed asset needs; financial evaluation; logistic support analysis; life cycle costing; maintenance strategy; outsourcing; cost-benefit analysis; disposal; and renewal. Physical Asset Management addresses the needs of existing and potential asset managers, and provides an introduction to asset management for professionals in related disciplines, such as finance. The book provides both an introduction and a convenient reference work, covering all the main areas of physical asset management.

Microsoft Dynamics NAV 2016 Financial Management - Second Edition
Microsoft Dynamics NAV 2016 Financial Management - Second Edition

Author: Anju Bala

Publisher:

Published: 2017-01-06

Total Pages: 222

ISBN-13: 9781786469496

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Master the world of financial management with Microsoft Dynamics NAV 2016About This Book* This book fully prepares you to successfully use Dynamics NAV as your key tool for financial management.* Learn how to use reporting tools that will help you to make the right decisions at the right time* Explore the features inside the sales and purchases areas as well as functionalities including payments, budgets, cash flow, fixed assets, and business intelligenceWho This Book Is ForThis book will appeal to financers and accountants who are using Dynamics NAV as their ERP and financial management system. Dynamics NAV consultants and project managers will also find it useful for their daily workWhat you will learn* Handle complete business processes for purchase and sales in Dynamics NAV.* Use the banking features and the reconciliation process to gain greater insights into a company's financial status.* Report data in a way that is meaningful to the company for analysis.* Set up dimensions, and link them with master tables and journals.* Work with multi currency and intercompany postings, and receive and send documents electronically.* Manage complete Fixed Asset by Setup, transactions, budgets, and Fixed Asset ReportingIn DetailMicrosoft Dynamics NAV is a global Enterprise Resource Planning (ERP) solution that provides small and mid-size businesses with greater control over their financials and can simplify their supply chain, manufacturing, and operations.Microsoft Dynamics NAV Financial Management explains all you need to know to successfully handle your daily financial management tasks. With this update, you will learn about all the improvements in the latest release and how to apply them in your workplace.You will learn about functionalities such as sales and purchase processes; payments; bank account management; reporting taxes; budgets; cash flow; fixed assets; cost accounting; inventory valuation; and business intelligence. This book comprehensively walks you through all the financial management features inside the latest version of Dynamics NAV and follows a logical schema. By the end of this book, you will have learned about budgets, cash flow management, currencies, intercompany postings, and accounting implications on areas such as jobs, services, warehousing, and manufacturing.

Public Sector Property Asset Management
Public Sector Property Asset Management

Author: Malawi Ngwira

Publisher: John Wiley & Sons

Published: 2016-03-22

Total Pages: 208

ISBN-13: 1118346580

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In many public sector organisations, there has been little or no adoption of a proactive asset management strategy. Where an extensive property portfolio exists, this can result in poor overall utilisation of the portfolio, exemplified by excessive vacant property or properties not being put to best use. In such situations there is a risk that the building stock deteriorates more rapidly than expected, leading to expensive maintenance and repair charges. Lack of a proactive asset management strategy will impact on the services delivered by such organisations. Public Sector Property Asset Management covers all aspects of asset management in the public sector, including the overall concept, the development of asset management strategies and the implementation of asset management practices. It evaluates asset management strategies, processes and practices to show how effective management of property assets support business activities or service delivery functions. The reader will understand the importance of improving decision-making through the recognition of all costs of owning and operating those assets throughout their lifecycle, leading to improved business process activities or service delivery functions which greatly assist in meeting the social and economic objectives of such organisations. Written for all practitioners currently involved in asset management, the book will also be useful in the university environment, to those teaching, researching or learning about asset management in the public sector.

Reading Between the Lines of Corporate Financial Reports
Reading Between the Lines of Corporate Financial Reports

Author: Jacek Welc

Publisher: Springer Nature

Published: 2020-11-28

Total Pages: 431

ISBN-13: 3030610411

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This book provides a digestible step-by-step guide to reading corporate financial reports, drawing upon real-life case studies and examples of corporate collapses and accounting scandals, and applying practical tools to financial statement analysis. Appealing to a range of practitioners within corporate finance including investors, managers, and business analysts, this book is the first to specifically address the challenges facing those who are not professional accountants and auditors when examining corporate financial reports. Corporate financial reports are used widely by managers, investors, creditors, and government agencies to examine company performance and evaluate potential risks. However, although seemingly an invaluable source of information for managerial decision-making, financial reports are often based on rough simplifications of a very complex reality. With no way of avoiding deliberate manipulations and fraudulent activity, these statements cannot be relied on completely when selecting stocks or evaluating credit risk, and therefore poor analysis can lead to potentially disastrous investment decisions. The author suggests that in order to effectively interpret corporate financial reports, we must 'read between the lines' to accurately assess a company's economic performance and predict its long-term viability.