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Innovative Solutions, Accurate Valuations
Whether it be Accounting compliancy, loss control or proper stewardship of assets, the need to maintain and account for fixed
assets is difficult to handle. AssetWorks has the experience
in meeting the financial reporting requirements of GASB Statement 34/35. To help meet GASB, GAAP, and state standards, we
develop original and historical costs of fixed assets and infrastructure. By inventorying capital assets and tagging equipme
barcodes, AssetWorks implements fixed asset systems to develop and maintain proper stewardship of assets. Our services provi
both initial and long-term benefits addressing:
• Financial reporting (GASB 34/35)
• Property control and management
• Grant funded asset management
• Property insurance
• Infrastructure inventory and valuation
• Valuation and inventory record perpetuation
• Annual updating of values
A typical engagement involves physically compiling property inventories,
control procedures, drafting reports, and implementing technology solutions.
Helping our clients to create accurate “useful life” and depreciation schedules for all capital assets is an integral compone
AssetWorks capital asset management services. The data enables AssetWorks to prepare reports that satisfy various financial
reporting standards, including those established by the Government Accounting Standards Board for annual capital asset audits
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• Physical Inventories – Comprehensive, on
“useful life” of assets, and create depreciation schedules for infrastructure, bui
• Asset Valuations – Calculating supportable original cost, replacement cost, and actual cash value for
infrastructure, buildings, capital improvements,
• Compliant Reporting – Capital asset management programs from AssetWorks enable our clients to generate meaningful
reports that address a wide variety of site
• Surplus Asset Reuse and Sales – AssetWorks
“Asset Market” for reuse of assets internally as well as the opportunity to build a
new revenue stream by online sales of surplus assets to the local community.
• On-Site Re-Inventory and Asset Reconciliation
and technology to complete periodic
services to update all capital asset records. This service accounts for all asset
additions, disposals, and transfers.
• Fixed Asset Software (AssetMAXX Web
Innovative Solutions, Accurate Valuations
AASSSSEETT IINNVVEENNTTOORRYY AANN
Whether it be Accounting compliancy, loss control or proper stewardship of assets, the need to maintain and account for fixed
the experience and expertise to support entities in accomplishing the challenges fa
in meeting the financial reporting requirements of GASB Statement 34/35. To help meet GASB, GAAP, and state standards, we
develop original and historical costs of fixed assets and infrastructure. By inventorying capital assets and tagging equipme
barcodes, AssetWorks implements fixed asset systems to develop and maintain proper stewardship of assets. Our services provi
Property control and management
Infrastructure inventory and valuation
Valuation and inventory record perpetuation
compiling property inventories, asset valuation, barcode t
control procedures, drafting reports, and implementing technology solutions.
Helping our clients to create accurate “useful life” and depreciation schedules for all capital assets is an integral compone
asset management services. The data enables AssetWorks to prepare reports that satisfy various financial
reporting standards, including those established by the Government Accounting Standards Board for annual capital asset audits
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Comprehensive, on-site inventory services to establish accurate capital asset records, determine the
“useful life” of assets, and create depreciation schedules for infrastructure, buildings, improvements, land, and equipment.
Calculating supportable original cost, replacement cost, and actual cash value for
improvements, and land parcels.
Capital asset management programs from AssetWorks enable our clients to generate meaningful
reports that address a wide variety of site-specific requirements.
AssetWorks provides the ability to create an
reuse of assets internally as well as the opportunity to build a
new revenue stream by online sales of surplus assets to the local community.
Inventory and Asset Reconciliation – AssetWorks has the experience
and technology to complete periodic re-inventory and asset reconciliation
services to update all capital asset records. This service accounts for all asset
Fixed Asset Software (AssetMAXX Web-Based Capital Asset Management System)
www.assetworks.com
info@assetworks.com
NNDD VVAALLUUAATTIIOONN Whether it be Accounting compliancy, loss control or proper stewardship of assets, the need to maintain and account for fixed
and expertise to support entities in accomplishing the challenges faced
in meeting the financial reporting requirements of GASB Statement 34/35. To help meet GASB, GAAP, and state standards, we
develop original and historical costs of fixed assets and infrastructure. By inventorying capital assets and tagging equipment with
barcodes, AssetWorks implements fixed asset systems to develop and maintain proper stewardship of assets. Our services provide
tagging, developing property
Helping our clients to create accurate “useful life” and depreciation schedules for all capital assets is an integral component of
asset management services. The data enables AssetWorks to prepare reports that satisfy various financial
reporting standards, including those established by the Government Accounting Standards Board for annual capital asset audits.
site inventory services to establish accurate capital asset records, determine the
ldings, improvements, land, and equipment.
Calculating supportable original cost, replacement cost, and actual cash value for inventory assets
Capital asset management programs from AssetWorks enable our clients to generate meaningful
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