87% of corporate fraud cases were due to asset misappropriation

Fixed Assets: Raise Your Game as Tax Laws Change

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The management of fixed assets is essential to sound corporate governance—in fact, 87% of corporate fraud cases reported were due to asset misappropriation, according to Plum Consulting.

Because companies pay taxes and insurance premiums on fixed assets, they must be tracked closely according to location, condition and status. Failure to do so can result in hefty fines and legal challenges.

Download this white paper to learn about fixed asset management, which can help companies track the status of their fixed assets by:

  • Eliminating redundant and missing data 
  • Establishing user access controls 
  • Identifying mistaken entries automatically 
  • Automatically creating and maintaining audit trails
Vendor:
Sage Software
Posted:
08 Oct 2018
Published:
08 Oct 2018
Format:
PDF
Length:
4 Page(s)
Type:
White Paper
Language:
English
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