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Fixed Asset Policy

$175.00

The purpose of this Fixed Asset Policy Template is to address the fixed asset program of a bank, credit union, or other type of financial institution in accordance with Generally Accepted Accounting Principles (GAAP).

Description

Fixed Asset Policy

The purpose of this Fixed Asset Policy Template is to address the fixed asset program of a bank, credit union, 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 Template (approximately 23 pages) is available to purchase from BankPolicies.com in Microsoft® Word format for $175.00.

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When updates are made you will receive detailed information regarding why the product was updated and what has changed within the product in our Product Update Notification e-mail correspondence. This enables you to make an informed decision on whether to make any changes to the policy or procedure you implemented for your financial institution from the revised template.

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