Establishing the existence of a business's fixed assets and evaluating their value is an essential auditing task. Despite this, many businesses do not do a great job of keeping track of fixed assets.

Typically, a company reduces the value of its fixed assets steadily over time as its real estate, equipment, and other assets are used in the normal course of business. Sometimes, however, unexpected ...

Your fixed assets create income for your small business. Fixed assets are any property you own that is expected to last more than a year. Common fixed assets are machinery and equipment, vehicles and ...