A qualified appraisal is a written report by a qualified appraiser that estimates the fair market value of one or more assets. This document is to provide an unbiased and independent estimate of an asset’s value for tax-related purposes. A qualified appraiser is often required for charitable contributions, estate tax returns and other financial transactions […]
Qualified Appraisal: Definition, Purpose & IRS Requirements Read More »
Did you know that the global fixed asset management software industry is expected to hit $5.2 billion in 2024? Companies are required to comply with the Sarbanes-Oxley Act (SOX) when it comes to their fixed assets. It can be difficult for companies to keep up with the ever-changing regulations and ensure they have all of
What Are the Fixed Asset Internal Controls Required by SOX Compliance? Read More »
What is asset tagging, and how does it benefit businesses? What are the advantages of asset tagging with RFID? Learn all about asset tags and more here.
How Does Asset Tagging Help You Identify Your Field Assets? Read More »
Leases are fundamental for a company and legal entity as they deal with leases. Therefore, get to know IFRS 16 – Leasing and its information.
IAS 38 – Intangible Assets is the standard responsible for disclosing diverse and relevant information about intangible assets, those that do not have materiality.
IAS 38 – Intangible Assets Read More »
RFID technology is becoming increasingly essential to healthcare inventory management. RFID, or Radio Frequency Identification, uses radio waves to communicate between a tag and a reader, allowing for quick and easy tracking of assets. This is widely used in healthcare inventory management to track and manage medical supplies, equipment, and medications. One of the key
RFID into healthcare inventory management Read More »
Ensure financial control and reduce costs with a detailed equipment inventory. Learn how to create an inventory list and set up protocols to keep track of your equipment.
How a Detailed Equipment Inventory Ensures Sound Financial Control and Reduces Costs Read More »
As a Plant Controller, you are responsible for accurately reporting business cost performance, risks, and opportunities. In addition, you must ensure sound financial controls are maintained. Fortunately, RFID Asset Inventory Trackinghas emerged as a powerful tool that can help you do just that. RFID asset inventory tracking technology can: With RFID Fixed Asset Inventory Tracking,
How RFID Technology Streamlines
Fixed Asset Auditing Read More »
Although the fair value accounting principles under US GAAP and IFRS are largely conveyed, measuring fair value is a continuous challenge among organizations
IFRS 13 – Fair Value Measurement Read More »
Discover how RFID tags increase visibility for inventory management. Revolutionize stock counts with real-time accuracy and stay ahead like top retailers.
How RFID Tags increase visibility for inventory management? Read More »
With over 25 years of experience, the CPCON Group is the global advisor that enhances and maximizes organizations’ internal control, promoting increased management efficiencies, improved regulatory compliance and financial supervision.
