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Only students can understand the workload and the pressure of working on accounting assignments. It can be a nightmare if you do not have a basic knowledge of the basic technicalities of the subject. This is why students of the UK search Accounting for Fixed Assets assignment help. Discussing the topic, fixed assets encompass tangible assets owned by a business and are deployed to produce goods and services or be leased or rented to others. You will learn to determine the minimum value for capitalizing the asset and the life expectancy of various fixed assets.

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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accounting for fixed assets assignment help UK

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