Componentization - when fixed assets having major identifiable components with different useful lives are identified and treated as separate components.
A fixed asset register contains the list of all the fixed assets a business owns. The FAR is maintained to…
Every company incorporated on or before the 31st December 2017 shall file the particulars of the company and its registered…
What is Geo Tagging of an asset? It is the process of adding geographical identification like latitude and longitude to…
ARO is a legal obligation associated with the retirement of a tangible long-lived asset in which the timing or method…