Financial Services - Southfield, Michigan, United States
We have a very unique core competence that revolves around tactical efforts to perform Fixed Asset Inventory & Reconciliation. Visit the website of our new parent to find out more information about our services or call Paul Chaben at 248-396-3975: https://www.duffandphelps.com/services/valuation/fixed-asset-management-and-insurance-solutions/fixed-asset-management/fixed-asset-inventory-and-reconciliationWhat follows are some salient reasons why companies engage us:• Cost effective, professional asset inventory and comprehensive reconciliation methodology to properly reflect the assets in the sub-ledger (detailed audit trail).• Eliminate "Ghost" assets which lead to cost reduction in many operational areas. • Investment recovery opportunities by cataloging idle & available equipment. • Substantial Tax Savings developed through the reconciliation and cost segregation process FAIR can consist of (but not limited to):• A physical wall-to-wall inventory of capital or tracked assets in plants and facilities (this typically includes barcode or RFID tagging). • Full reconciliation of assets to a fixed asset ledger or other corporate asset management database• Detailed review and reconciliation of all booked assets that may not be taggable and/or identifiable during the inventory ("book-to-floor") – this includes real property, process assets, "bulk" assets, "ghost" assets, intangible assets, and other non-taggable assets.• Cost segregation of capital equipment that creates the support needed for re-classification of assets into more accelerated depreciation and personal property tax categories.
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