CPAs started installing automated fixed asset management systems decades ago. Todd Blome, a partner at Lincoln, Neb.-based Basso, McClure, Goeglein LLP, first installed BNA Software's fixed assets ...
Accounting for stuff like office supplies is simple. You spend $50 on copier paper, and you record a $50 expense in your ledger. Purchasing fixed assets such as land, buildings or equipment is more ...
It's not that Uncle Sam does not want your clients to deduct those big-ticket items that are critical to running almost any business. The less cynical among us would nod and agree with the Internal ...
An asset is counted as retired when it is permanently removed from service. Asset retirement can occur in processes such as a sale to another party or disposal due to obsolescence. Since long-term ...
The Investment Book of Record (IBOR) is an essential tool for asset managers, and should ideally provide multi-asset class, multi-jurisdiction, and multi-investment product views of cash, security ...