Fixed Assets Policy

Strengthen fixed-asset management with a practical policy template for capital asset procedures, controls and accounting guidance. This Fixed Assets Policy includes five samples covering capitalization, depreciation, transfers, retirements, impairment reviews and physical inventory. Together, these samples help organizations record assets consistently, apply straight-line depreciation, manage transfers, and address retirements or impairments in alignment with accounting guidance.

Key Features:

• Capitalization guidance that helps you decide when an asset should be recorded or expensed
• Depreciation examples with useful life tables for common asset types
• Transfer and disposal steps that explain how to document asset movement, retirement or sale
• Inventory and control practices that support accurate tracking and better recordkeeping