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Fixed assets management and control

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IFAD International Fund for Agricultural Development
IFAD International Fund for Agricultural Development

East and South Africa, Fixed Assets Management and Control

1  sur  9
Fixed Asset Management & Control Dec 2010
What is a fixed asset? It is an asset, with a useful life of over one year, owned & used by a project to achieve its stated objectives Examples are: ,[object Object],[object Object],[object Object],[object Object],[object Object]
Why should fixed assets be managed? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What is a Fixed Assets Register (FAR)? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What is the Fixed Assets Issue Register (FAIR)? ,[object Object],[object Object],[object Object],[object Object],[object Object]
What are standard fixed asset control procedures? ,[object Object],[object Object],[object Object],[object Object],[object Object],Note: In some countries, it is the Government Policy to only insure vehicles
Physical verification of fixed assets ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Physical Asset Inventory Form (PAIF) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Thank You

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Fixed assets management and control