Kuye Olusegun

  • Home
  • Author: Kuye Olusegun
  • Page 26

ASSET REGISTERS

In Wikipedia (2020), a Fixed Asset Register (FAR) is described as an accounting method used for major resources of a business. Fixed Assets are assets such as land, machines; office equipments, buildings, patents, trademarks, copyrights, etc. held for...
Read More

ASSET MANAGEMENT

Asset management is the management of assets including real estate, stocks, bonds, etc.; it is the art and science of making the right decisions and optimising the delivery of value. Publicly Available Specification (PAS) 55 published by the British Standards Institution (BSI) defined...
Read More

ACQUIESCENCE

Acquiescence is a legal term used to describe the act of a person who knowingly stands by without raising any objection to infringement of his rights when someone else is unknowingly and honestly putting in his resources under...
Read More

APPRAISAL

Appraisal could be described as follows: • a written provision of a valuation, combined with professional opinion, advice and/or analysis relating to the suitability or profitability or otherwise...
Read More

APPRECIATION

This can be said to be a rise in the value of a property over a period of time. This rise in the value of a property can result from causes like addition of improvement on a property - e.g. renovating it to put it in better state of repairs…
Read More

ASSESSED VALUE

It is the nairage assigned to a taxable property (both real and personal) by the Assessor for the purpose of taxation. Assessed value is usually or more often statutorily determined percentage of market value. It can also be said to be the value...
Read More

ASSET DOCUMENTATION

Asset documentation involves a comprehensive compilation of all the existing assets with a view to sufficiently ascertain their respective location, use, conditions and values at any point in time. The management’s function of monitoring asset movements of any organisation is aimed at ensuring efficient and effective control and to reduce…
Read More

No products in the cart.

You cannot copy content of this page

X
× How can I help you?