Asset above the fixed asset value, can it be an expense?
A doubt for many fixed asset managers is whether assets with values above the minimum fixed asset value, which is currently R$ 1,200.00, must be accounted for as an...
Recently designing fixed asset policy procedures for a client, we came across the following situation. The client has a production line where, frequently, there is a need to change...
Can we write off fully depreciated assets from property, plant and equipment?
This question is very common and raises doubts in who controls the fixed assets in the company. In the first place, we must bear in mind that to write...