Asset is a word that is often used and seldom defined. One can be an asset to their family for their kindness or great impersonation skills, but an accountant wants to see something more concrete. In ...

Any business that uses assets should hold a regular asset inventory audit in order to track important data like the number, condition, and location of all assets. The audit is a cost-effective method ...

Learn what inventory accounting is, how it works, and key methods like FIFO, LIFO, and WAC. Includes real-world examples, tips, and best practices. I like to think of inventory accounting like ...

Do you know where all the licensed (and unlicensed) copies of Visio 2000, Yahoo tool bar, Xupiter DLLs or Outlook Express are in your company’s systems? Do you know who still has the Windows Messenger ...

Today, asset management suites go much further than inventory and software metering, storing financial and ownership information — or integrating with existing financial, service management, and HR ...

Discover what an asset-conversion loan is, its advantages, and disadvantages, and how businesses effectively utilize this short-term financing option.

Asset maintenance is a component of asset monitoring designed to increase the lifespan of a company’s machinery, devices, and equipment. The process is important for any business serious about keeping ...

As the public sector navigates increasingly complex acquisition and inventory policies for handling government property, inventory and asset tracking has become a challenging area for government ...