Completely updated in 2002, this in-depth treatment takes readers to the heart of of the contemporary debate on capitalization, amortization, depreciation, taxes and fixed asset inventory.  Packed with numerous examples and illustrations, this practical book considers crucial topics as asset classification, base unit, asset value, and asset protection.

Ray Peterson is the senior partner of Ray Peterson & Associates, a California based accounting consulting firm.  He has held positions as Director of Financial Accounting for Pacific Bell and Division Manager of Accounting Standards for Bell Communications Research.

He also served as treasurer for a number of nonprofit organizations and for 12 years was an active member of the Institute of Management Accountants  Financial Accounting Standards Committee.  Currently serving a second term on the Sonoma County Board of Education.

Table of Contents                                                                        Top

1. What is Accounting For Fixed Assets? Preview (PDF)

2. What Is an Asset?

3. Classifications of Asset Transactions

4. Determining Base Unit

5. Control of Property, Plant, and Equipment

6. Asset Policies Manual

7. Establishing Value

8. Allocation of Costs to Accounting Periods

9. Regulated Utilities

10. Government Accounting

11. Not-for-Profit Accounting

12. Creation and Verification of Property Records

13. Computer Programs

Bibliography

Index

Related Links

 Amazon.com             SCOE             Petersons Farm

Contact Information
 
info@raypeterson.org

Property, Plant, And Equipment, Management Accounting, Asset, Asset Accounting, Fixed Asset, Long-Term Tangible Assets, Asset Classi fication, Base Unit, Asset Value, Asset Protection, Government Asset Management, Regulated Utility Asset Management, Non-Profit Asset Management, Property Reports, Asset Management