Fixed asset management must ensure what principles?
According to Article 5 of Circular 45/2013/TT-BTC, the management of fixed assets must ensure the following principles:
- Every fixed asset in the enterprise must have its own file.
The separate file of fixed assets includes:
+ Minutes of handover of fixed assets, contracts,
+ Invoice for the purchase of fixed assets and related documents and papers.
Each fixed asset must be classified, numbered, and have its own card, with detailed tracking for each object recording the fixed asset and reflected in the fixed asset register.
- Each fixed asset must be managed based on its original cost, accumulated depreciation, and remaining value in the accounting records:
The remaining value in the accounting records of a fixed asset = {Original cost of the fixed asset - Accumulated depreciation of the fixed asset}
- For fixed assets that are not in use and awaiting disposal but have not yet fully depreciated, businesses must manage, monitor, preserve, and allocate depreciation according to regulations.
- Businesses must manage fixed assets that have been fully depreciated but are still involved in business activities, just like regular fixed assets.
