11 July 2012
A Fixed Assets Register (FA Register) is a register which shows all the permanent assets owned by an organization. The register shows the quantity and value of things like chairs, tables, fans, furniture, vehicles, land, buildings etc. It may also show where these assets are kept or used. Sometimes a serial number is also put on the item and noted here. Any assets that are sold are also recorded here This type of a register is available in the market. You should ask at a shop which keeps government forms and stationery for companies. If you can’t purchase this register, you can use the simple format given on page 3. Make about 80-100 photo-copies and have these bound in one register. Have all the pages numbered with a numbering machine. Insert two or three plain sheets in the beginning for an Index.
CAclubindia
