Fixed Style

Posted in Weight Training by admin on December 3, 2009

British Style Black Handle Dagger Mini Double Edge Boot Fixed Blade Knife
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US $7.99

Bowie Style Knife Making Fixed Blade Blank Clip Point with Brass Guard Full Tang
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US $14.99

British style Black Leather knife sheath for Double Edged Fixed Blade Dagger x21
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US $5.99

Hunting knife survival knife military style fixed blade black or green knife
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US $6.95

Knife Making Blade Blank Full tang Fixed Large Bowie Style with Brass Guard
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US $17.99

Military Survival Style Fixed Blade Knife w Sheath
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US $25.00

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Controlling Your Fixed Assets is Key to Good Governancein Business

With finance departments being held increasingly accountable for their fixed assets under the ever-changing and stringent requirements of Sarbanes-Oxley (Sarbox) and IFRS in particular, the need for an asset tracking system has never been greater for US companies or overseas operations that are subsidiaries of a US listed company. Organisations have to ensure they remain up-to-date with the current compliance requirements for their sector. In particular, Sarbox requires CEOs and CFOs to personally certify that the company’s books and records are free of untrue statements and fairly represent the company’s results. Penalties built into Sarbox can be severe for non-compliance, false declarations and other violations, Fixed asset accounting can easily contribute to potential violations of Sarbox, under or overestimating the value of fixed assets or the incorrect application of depreciation rules.

Many accounting departments rely on the ever popular spreadsheet. They are quick and simple to set up and relatively easy to modify. Simple calculations are easily defined and they are practical tools for management wanting to make “what-if” style projections. At the level of accounting complexity required in today’s legislative and business environment however, spreadsheets can quickly become complex and difficult to verify. Integrating a spreadsheet with other enterprise systems to track asset changes or producing a clear audit trail is also difficult. Physical assets can easily “disappear” from a spreadsheet and IT assets (where most of the value is invisible software) are even more difficult to keep track of.

A far better solution is to use dedicated and tailor-made software that can control, track and record the changes that occur within an asset’s lifetime. Real Asset Management International for example has systems that will provide accurate, up-to-date and historical data spanning the point from which the asset was entered onto the system to its present state. User-definable fields means that organisations have the freedom to describe things in their own, familiar, corporate language and a Windows inspired interface makes the software easy to use.

Systems like these save time and effort by eliminating the need to manually enter and update each asset and provide a seamless interface with leading general ledger products, thus retaining the usefulness of existing software and avoiding additional cost that would be required in upgrading or replacing legacy systems. Organisations can choose to consolidate multiple registers for group reporting purposes and can concurrently maintain discrete financial information. Any number of historic and/or current cost accounting books can be set up to allow different values and currencies to be associated with individual assets if necessary, and the capacity to create fully comprehensive and detailed asset histories means keeping track of your physical and IT assets is fully compliant, easier, quicker and cheaper.

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