Internal control of fixed assets: a controller and auditor's guide

INDICE: Preface. Chapter 1 Internal Control, Sarbanes-Oxley, and the PCAOB.Internal Controls over PPWhat Is So Hard about the Job? Note. Chapter 2 Capitalization versus Expense. Capitalization Theory. Why Capitalization Levels Matter. Consequences of Increasing Minimum Capitalization Level. What Is the Optimum Capitalization Limit? Summary. Note. Chapter 3 Asset Life Cycle: Controls and Software. Software Is the Key. Input, Output, and Reporting Capability. How to Evaluate Software Vendors. Assign Responsibility for Implementation and Beyond. Charging Departments Will Ensure Individual Responsibility. Return on Investment Analysis. Summary. Note. Chapter 4 Depreciation and Amortization forBooks and Taxes. Internal Control for Depreciable Tangible Assets. Determining Useful Lives Whenever New Assets Are Acquired. Choosing Accounting Lives. How Valuation Specialists Determine Economic Lives. Determining Lives for Intangible Assets. Changing Lives and Depreciation for Existing Assets. Leasing as aWay to Utilize Depreciation. Summary. Note. Chapter 5 Impairment Testing. Testing Intangible Assets That Are Not Amortized. Testing for Impairment of PPContingency Consultants. Summary. Note. Chapter 12 Developing the Fair Value of Fixed Assets. What Is the Fair Value of PPCost of PP&E? Summary. Note. Chapter 14 Component Depreciation for Buildings. IFRS Has a Different Approach. Component Depreciation for Taxes. Complying with IRS Requirements. IRS Review of a Cost Seg Study. Cost Segregation Study for New Construction. Will Cost Segregation Lower My Property Tax Expenses? Componentization for Financial Reporting. Summary. Note. Appendix Excerpt of IRS Cost Seg Audit Guide. Introduction. What Are the Most Common Methodologies Utilized for Cost Segregation Studies? What Are the Attributes of Various Cost Segregation Methodologies? Detailed Engineering Approach from Actual Cost Records. About the Author. Index.

• ISBN: 978-0-470-53940-8
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 208
• Fecha Publicación: 16/03/2011
• Nº Volúmenes: 1
• Idioma: Inglés