Wednesday 18 January 2017

Importance of fixed asset management

Management is the key to success. There is nothing like the fate in corporate world. Either the business is well managed or poorly managed that leads the business to its success or failure. The ill management of credit derivatives caused the financial crisis of 2007, and this crisis led to failure of mega companies. Many filed for the chapter 11 also knows as bankruptcy. In United States of on America, the government stepped in to bailout many companies. The reason to emphasize this much management is many company have to make management decisions every day, and these decisions are not only limited to management of cash flow, or employees but a major management decision is related to fixed assets management of the business, and fixed assets directly affect the balance sheet of the business which then affects the investors behavior towards the business and the overall value of the business stated in balance sheet.

Proper fixed asset management is very important for the business this is why Sayub & co is offering its services of fixed asset management that will be help your business in managing your assets according to the stated laws and regulations of Pakistan. Our team of chartered accountant will help you devise and adopt to the best practice available because of our wide range of experience that we have gained through working in different industries. We can help your business adopt to those practices and as well as maintain the compliance level with our corporate compliance services which will help your business in the process of fixed asset management and in other activities also. Such as help in the preliminary process of setting up the business. Our professionals strictly follow the ethical code and law of Pakistan. To get more information contact Sayub & co through email or simply call us.

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