Accounting For Fixed Assets Assignment Help UK

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Modules Covered Under Accounting for Fixed Assets assignment writing service

Introduction to asset accounting

• Asset reporting, financial reporting
• Classification of assets
• Asset inventory
• Need for fixed asset accounting
• Accounting treatment of fixed assets

Asset valuation

• Asset valuation approaches: Absolute value models, Relative value models
• Appraised value, book value
• Valuing repairs, maintenance, additions
• Valuation of land, buildings, etc.

Asset continuity planning

• Factors in continuity planning
• Planning schedule
• Cost schedule
• Gap analysis

Depreciation

• Rationale for depreciation
• Factors affecting depreciation expenses- salvage value, acquisition cost
• Methods for calculating depreciation- straight-line method, written down method, etc.

Records and maintenance

• Fixed asset tracking
• Asset lifecycle management
• Asset labelling
• Maintenance management

Transfer of assets

• Types of transfers
• Departmental transfers
• Interdepartmental transfers
• Retirement and disposal

Intangible assets

• Type of intangible assets
• Difference between accounting for tangibles and intangibles
• Amortization
• Valuation
• Accounting treatment of intangible assets

Fixed asset management

• Concept of fixed asset management
• Measuring fixed assets efficiency- turnover ratios
• Fixed asset life cycle management and life cycle costing

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