Fixed Asset Policy
This Fixed Asset Policy addresses the fixed asset program of a bank, credit union, fintech company, or other type of financial institution in accordance with Generally Accepted Accounting Principles (GAAP).
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Definitions – Topic 3
- Fixed Asset Program, Capitalization and Classification – Topic 4
- Risk Management of Premises and Equipment – Topic 5
- Accounting Department Responsibilities – Topic 6
- Branch or Department Responsibilities – Topic 7
- Information Systems Responsibilities – Topic 8
- Audit Policy – Topic 9
- Staff Training – Topic 10
- Retention of Documentation – Topic 11
This Fixed Asset Policy (approximately 29 pages) is available to purchase from BankPolicies.com in Microsoft® Word format.
Product Update Protection Plan
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