Fixed Asset Managment

FAM is an accounting process to keep a track on companies Fixed Asset for the purpose of financial accounting, asset maintenance and theft prevention. It aims to track the location, quantity, condition, maintenance and depreciation status of their fixed assets

FAM consists of two activities namely:

1. Fixed Assets Verification (FAV)

2. Fixed Assets Register (FAR)  

Fixed assets management is the process of recording and tracking long-term assets over their entire lifecycle, from acquisition to disposal. We will assist  maintain accurate records to ensure compliance with accounting standards and reporting requirements.