209普华永道--财务管理最佳实践之固定资产管理-PPT文档资料

not verify network assets: the fact that the network works is verification enough)
➢ Verify non capitalised assets
System Features
➢ On line asset register holding key data and current cost allocation
5
To
➢ Integrated systems for: – Asset tracking via Geographical Information System (GIS) – Asset usage – Network Capacity Planning – Asset Maintenance – Capital project planning and control – Product/service costing
GL
replacement
➢ Cost code validation with GL ➢ Disposals linked to sales ledger
➢ Automatic links to AP and Project Accounting system to capture acquisitions
➢ Ensure asset responsibility at BU level
➢ Identify asset usage
➢ Set up appropriate control of asset acquisition and disposals across company
➢ Report on acquisitions and disposals on a monthly basis
➢ Report on identified or missing assets
➢ Hold non capitalised physical assists for verification
➢ Leased asset features compliant with accounting standards
basis based on book value and
➢ Apply depreciation rules to asset high risk
classes
➢ Comprehensive asset
➢ Depreciation rates in management accounts in line with statutory rates
➢ Bar coding of assets for verification
PwC175
4
Fixed Assets - Measures/Cost Drivers
No of Business Unit FTEs per Fixed Assets FTE
5,200
1,400 350
90 percentile
verification on regular periodic or rolling basis where asset cannot be verified via technical assumptions (most telco’s do
➢ Links asset depreciation to production and product costs/development
➢ BU responsibility for ownership
PwC175
6
Fixed Assets - Critical Success Factors
These are a summary of the key business requirements, which must be met to achieve the objectives. ➢ Asset accounting policies clearly documented ➢ Appropriate coding by asset category established ➢ Authority levels clearly defined ➢ Procedures surrounding Fixed Asset process are documented and communicated to staff ➢ Budgets in place for capital expenditure ➢ All existing assets identified and classified ➢ Staff trained in FA process and have clear roles and responsibilities ➢ Statutory and tax requirements understood ➢ FA calendar in place and communicated to staff ➢ Standing data set up on the system reflecting asset accounting policies ➢ Ability to model depreciation scenario
£7
10 percentile Median
£151 90 percentile
Cost drivers
➢ Complexity of assets ➢ Number of assets on register ➢ Number of asset movements ➢ Complexity of depreciation policies ➢ Complexity of authorisation procedures ➢ Range of data held ➢ Number of users of data range Source: Statistics taken from Benchmarking database: 21 February 1997
➢ Forecast asset depreciation for budget purposes
➢ Variable depreciation rules for classes of assets
➢ Assets can be grouped for depreciation rules
➢ Complete asset reports by physical location and cost centre
➢ Acquisition linked to purchase order and accounts payable ledger
➢ Depreciation charged
➢ Variable asset valuation
automatically to cost centres in mechanisms eg historic, current
➢ Monitor tax issues related to acquisitions or CIP
➢ Ensure BU responsibility for assets in their use and for disposal losses
➢ Depreciate at point of asset use ➢ Revalue key assets on a regular
PwC175
3
Fixed Assets - Best Practice Features
Maintain fixed asset register
Control acquisitions and disposals
Manage periodic assHale Waihona Puke Baidut depreciation
Verify and value asset base
basis
Fixed Assets
Objectives
➢ To maintain a complete register of all the organisation’s fixed assets which reflects location, age, current values, associated cost centres
➢ To calculate depreciation consistently with financial reporting requirements
➢ To optimise replacement policies ➢ To minimise ownership costs
2
People
➢ Control focused ➢ Challenge asset
➢ Revaluation of features and mass transfers of assets to new cost centres
➢ CIP linked to capital project accounting
➢ Effective tax management integrated with the fixed assets system
requisition proposals
Information Systems
➢ Asset ledgers integrated with GL and AP
➢ Depreciation and project control by cost centre
➢ Automated depreciation calculation
Process Features
➢ Determine asset categories for internal and statutory purposes
➢ Monitor asset maintenance charges
➢ Apply insurance valuation to key assets
Best Practice Financial Processes: Fixed Assets
Fixed Assets - Best Practice Objectives
Organisation
➢ Asset recording integrated with maintenance and non financial data
Controls
➢ Asset verification ➢ Asset valuation ➢ Acquisition and
disposal authorities
Measures
➢ Number of assets maintained
➢ Cost of department
➢ Elapsed time to record asset
Median
10 percentile
Fixed Assets processing time
1 day
14 days
40 days
10 percentile
Median
90 percentile
PwC175
Fixed Assets cost per Business Unit FTE (in £s) £31
➢ Centralised asset accounting
➢ Asset ownership devolved to business unit level
Processes
➢ Maintain asset register ➢ Acquisitions and
disposals ➢ Depreciation charge ➢ Verifying asset base ➢ Maintaining of valuation
Fixed Assets - Trends
From
➢ Separate fixed assets module ➢ Lack of asset ownership ➢ Cost of asset usage not attributed to product ➢ Performed by Finance Department