All departments are required to perform a complete inventory of their capital equipment once per year. This process is an important control activity designed to safeguard the assets of the University.

Most companies have a mix of fixed assets and inventory. Although both act as assets, each gets treated differently on a companies financial statements. Different generally accepted accounting ...

Fixed assets are assets that are staples of your business, like property, equipment, and plants. These assets are tangible and depreciable, and typically last for longer than one year. Understanding ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. David Kindness is a Certified Public ...

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Baltimore, Md.-based IntelliTrack, Inc., a developer of affordable software for barcode and RFID data collection, is teaming up with Lowry Computer Products, Inc., a national manufacturer and systems ...