Accounting Asset Survey

Accounting Asset Survey

This survey aims to gain insights into the asset management approaches in various organizations. As a professional in the field of accounting, your input is indispensable. The data from this survey will be used to improve current accounting practices and contribute to the enhancement of industry standards.

General Information

Name:

[Survey Initiator's Name]

Role/Position:

[Survey Initiator's Role/Position]

Department:

[Initiator's Department]

Asset Identification

Fixed Assets

Asset Description

Quantity

Location

Current Value

Production Machine

3

Los Angeles, CA

$750,000

Intangible Assets

Asset Description

Quantity

Location

Current Value

Software License

10

Virtual Servers

$200,000


Asset Valuation and Depreciation

Valuation

Asset Description

Current Valuation Method

Office Building

Cost Approach

Depreciation

Asset Description

Depreciation Method

Accumulated Depreciation

Production Machine

Double Declining Balance

$100,000


Risk Assessment and Compliance

Risk Management

Asset Description

Identified Risks

Risk Mitigation Strategies

Office Building

Natural Disasters, Security Vulnerabilities

Insurance Coverage, Enhanced Security Measures

Compliance

Asset Description

Compliance Status

Office Building

Compliant


Comments and Suggestions

Comments

  1. Compliance is maintained, and recommendations aim to optimize asset management for long-term sustainability.

Suggestions

  1. Based on the survey findings, it is imperative to consider upgrading security measures for the office building

  2. It is also important to implement a preventive maintenance schedule for production machines.

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