Sat, May 27, 2017
Fixed Asset Controls and Reporting: Who's Paying Attention to Your Largest Assets?
Often overlooked, fixed assets need attention in order to ensure proper accounting, valuations and financial reporting. In healthcare, as in many capital-intensive industries, fixed assets represent the largest item on the balance sheet.
This article will help you understand the risks of not maintaining fixed asset accounting records, the reconciliation process and the importance of conducting an inventory of your fixed assets. It will also demonstrate the importance of selecting an independent firm that has both healthcare industry and physical inventory and reconciliation qualifications and experience.
Duff & Phelps (formerly American Appraisal) understands the organization of healthcare institutions, is familiar with healthcare fixed assets and understands the protocol for operating in patient care environments and interacting with healthcare professionals and staff.
Valuation Advisory Services
Our valuation experts provide valuation services for financial reporting, tax, investment and risk management purposes.
Fixed Asset Advisory Services
Kroll provides clients the transparency they need by identifying, managing, and valuing their fixed assets.
Fixed Asset Management
Kroll has established best practices in fixed asset management that are recognized across our profession.
Insurance Valuation Services
Kroll provides commercial and personal property insurance valuation services (for fixed assets like buildings, plant and machinery) to clients worldwide.
Healthcare Investment Banking
Healthcare expertise for middle-market M&A transactions.