Compliance

Certificate of Acceptance on Fixed Assets (CAFA) – Nigeria

CAFA - Certificate of acceptance on fixed assets in Nigeria One of the most important roles of IID (The Industrial…

3 years ago

Componentization of assets

Componentization - when fixed assets having major identifiable components with different useful lives are identified and treated as separate components.

7 years ago

Geo Tagging

What is Geo Tagging of an asset? It is the process of adding geographical identification like latitude and longitude to…

7 years ago

Asset Retirement Obligation – ARO

ARO is a legal obligation associated with the retirement of a tangible long-lived asset in which the timing or method…

7 years ago