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Fixed Assets Policy - Printable Version

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Fixed Assets Policy - ghazoo - 01-21-2012 09:05 PM

AoA,

I am working for a new born construction company, during last audit our external auditor raised observation that company doesn't formalize their fixed assists policy. Company have rented corporate office, cars, furniture & fixtures and Computers nothing more than that. Can anyone give me specimen of this policy or idea how to formalize such policy.

Ghazanfar.


- danishayub_76 - 01-24-2012 03:33 PM

Dear. If your company has acquired such items on rental basis and it considers that it is more economical then isn't it fine?