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Physical Asset Management
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Asset

In business and accounting an asset is anything owned, whether in possession or by right to take possession, by a person or a group acting together, e.g. a company, the value of which can be expressed in monetary terms. Asset is listed on the balance sheet. It has a normal balance of debit.

Assets may be classified in many ways. The principal distinction normally made for business purposes is between:

  • fixed assets and
  • current assets.

Other business subdivisions include intangible assets, that is, those assets which, though not visible, add to the earning power of the business, e.g. goodwill, patents, copyrights, etc. (also called invisible assets); liquid assets, which are a subdivision of current assets and also categories labelled trade investments,quoted investments, etc.

In the balance sheet of a company certain divisions are required by law, which varies from country to country.

Current assets

Those are assets continually turned over in the course of a business during normal business activity. Examples: debtors, stock, cash and work in progress. The phrase net current assets (also callled working capital) is often used and refers to the total of current assets less the total of current liabilities.

Fixed assets

Assets which are purchases for continued and long-term use in earning profit in a business. Examples: land, buildings, machinery, etc. They are written off against profits over their anticipated life by charging an annual amount calculated so as to eliminate the original cost (historical cost), less scrap value, over that period. (see depreciation).

See also: Financial markets, Finance, Liability, Property


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Washington Inventory Service
Customized physical inventory counts for retailers.
http://www.wisusa.com/

Vanguard Archives
Full service Illinois records management company providing cost effective off-site storage and manangement for business, medical, and architectural documents; off-site backup and rotation of computer media.
http://www.vanguardarchives.com/

Fixed Asset Systems
Solutions for fixed asset tagging, inventory consulting, barcoding and personal property tax problems.
http://www.fas-llc.com/

Beltech Inc
Consultants in distribution, barcode and computer technologies.
http://beltechinc.com

DB Associates
Helping clients to improve their profitability and their productivity through the better management of their facilities.
http://www.dbafm.com

Cincinnati Business Records Management
Infomanagement provides offsite business records and electronic media storage, including bar coding and document imaging-delivered daily.
http://www.infomanagement.com/

Black Creek Consulting, Ltd.
A mid-Atlantic based firm specializing in receivership management.
http://www.receivership.net

Rod Hyman Asset Services
Strategic asset managers, valuers and brokers.
http://www.rhas.com.au

Centennial Associates, Inc.
Full-service solutions and products: facilities and relocation management, design and space planning, asset management and control.
http://centennialassociates.com

BTS Asset Management
Provides asset management services nationwide.
http://www.btsmanagement.com/

Investment Recovery Assoc.
Experts in asset management.
http://www.invrecovery.org/

Subterranean Data Storage Co.
Fully automated computer backup without the hassles of tapes, zip drives or floppies.
http://www.trueevaulting.com

Datascan Electronics, Ltd. UK
Repair of point of sale equipment covering bar code scanners, card readers and displays; Buckinghamshire, United Kingdom.
http://www.datascan.20m.com

Asset Control LLC
Providing end to end asset management solutions including recovery, remarketing, appraisal, inspection, and auctions.
http://www.assetcontrol.com/

Tag & Trace Secure Asset Management
Electronically tags assets and traces around the company, tells you where they are, where they should be and what they're worth. UK based.
http://www.climarque.co.uk

Liptok Incorporated
Provides financial services, consulting, asset management, and international business brokering for the IT and technology industries.
http://www.liptok.com

Affordable Business Management
Providing managed services including document and records management, document imaging and storage, accounts payable processing, mortgage loan processing, outsourcing and transaction processing.
http://www.expressmanagement.com

Camden Asset Management, L.P.
Risk-controlled, hedged arbitrage transactions to enhance the returns of investors' index and cash portfolios.
http://www.camdenassetmanagement.com

Asset Resale
Asset recovery and resale services.
http://www.assetresale.com/

Appraisal by Request
Online personal property appraisal services.
http://www.appraisalsbyrequest.com

Asset Systems, Inc.
Offers facilities management tracking systems for IT assets, office furniture, and warehouse inventory control. Assists with GASB 34 compliance.
http://www.assetsystems.com

Bluecurrent, Inc.
Provider of services related to the management and disposition of technology assets.
http://www.bluecurrent.com

PricewaterhouseCoopers
Physical asset management.
http://www.pwcglobal.com/

Asset Management Resources
Offers methodology, processes, procedures, systems, and tools necessary to complete virtually any asset inventory engagement.
http://www.amrnow.com



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