Asset Management- Asset Control

 

 

 

  ASSET INVENTORY| GASB 34/35  
   
   
  Sarbanes Oxley and GASB 34/35 require that organizations demonstrate control over their assets. Performing an Asset Inventory is the best method an organization can use to exhibit Asset Control. Auditors will be continually impressed that your organization can produce inventory data on all pertinent assets including location, serial #, as well as a host of other descriptive data points. The accuracy of the data developed is of paramount importance for compliance with strong governmental regulations such as Sarbanes-Oxley and various GASB/FASB statements.
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