Fixed Asset Controls ON DEMAND
Available Until
Your Desk
1.0 Credits
Member Price $29.00
Non-Member Price $33.00
Overview
Fixed assets are one of the largest investments on a company’s balance sheet, and yet they tend to be poorly controlled. This presents a risk of reporting incorrect asset valuations. In the Fixed Asset Controls course, we cover many types of controls, including those pertaining to fixed asset authorizations, valuation, depreciation, disposal, and theft. We also point out how to reduce the cost of these controls. The intent is to provide the user with a comprehensive set of controls to form the basis for a proper fixed asset accounting system.
Highlights
The fixed asset register. Ghost assets. Zombie assets. The depreciation problem. Laptop computer controls. Reducing the cost of fixed asset controls.
Prerequisites
None.
Designed For
CPAs, CEOs, CFPs, and other financial managers.
Objectives
Recognize the distinction between ghost assets and zombie assets. Identify the contents of a fixed asset register. Specify the different types of fixed asset controls.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $33.00
Member Price $29.00