Asset register and financial policy manual in Nairobi Kenya

We provide services in the designing of the organizational financial policy manual, Human resource manual, and asset register.

What Should Be Included in an Asset Register?

No matter what type of register is required, each will require specific asset data such as:

  • What is the asset
  • The exact location of each asset
  • Procurement details including purchase date and price
  • Estimated life expectancy
  • Depreciation value
  • Insurance and compliance details
  • Maintenance history including repairs and downtime

Data Found in an Asset Register

  • Description of an asset
  • Purchase date
  • Purchase price
  • Location of assets
  • Owner of assets
  • User of assets
  • Barcode or Serial Number of assets
  • Insurance coverage
  • The current value of assets
  • Depreciation method used
  • The warranty information from the manufacturer
  • Maintenance information
  • The remaining life of an asset
  • Estimated Resale Value (Salvage Value) of the asset

Data Found in an IT Asset Register

  • Type of Asset – Hardware or Software Asset
  • Location of the Asset – On-premise, Private, Public, or Hybrid Cloud
  • Operating System
  • licence Renewal Date
  • licence Start Date
  • User
  • Cyber Insurance Coverage
  • Depreciation Method Used

Data Found in a Digital Asset Register

  • Description of the asset
  • Location of the asset
  • Asset Owned or Copyrighted
  • Asset User
  • Depreciation Method Used
  • Digital Insurance Cover
  • Asset Format
  • Preservation Risk
  • Type of Digital Asset
  • Estimated Value of Digital Asset

For all, taxation, KRA issues, audit solutions, asset registers, and policy manuals, outsourcing accountants, in Nairobi  Kenya we are here to help.

kindly contact us at +254712557739 or use email  info@siralexandassociates.co.ke

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