Pathways for Implementing an Asset Information Framework for the Valuation and Management of Fixed Assets
Measurement in Public Sector Financial Reporting: Theoretical Basis and Empirical Evidence
ISBN: 978-1-80117-162-5, eISBN: 978-1-80117-161-8
Publication date: 20 March 2023
Abstract
Implementation of accrual-based accounting systems and the related preparation of an initial balance sheet are stimulating a debate on valuation and management of fixed assets, emphasising how critical it is to have adequate asset information. This chapter aims to propose a framework to clarify the relationship between the asset inventory and the asset register by examining the objectives and characteristics of asset information systems, drawing from experience regarding the implementation of asset inventories and registers from four countries (Malaysia, South Africa, Switzerland, and Australia – State of Victoria).
Keywords
Citation
Salah, M. and Bisogno, M. (2023), "Pathways for Implementing an Asset Information Framework for the Valuation and Management of Fixed Assets", Caruana, J., Bisogno, M. and Sicilia, M. (Ed.) Measurement in Public Sector Financial Reporting: Theoretical Basis and Empirical Evidence (Emerald Studies in Public Service Accounting and Accountability), Emerald Publishing Limited, Leeds, pp. 19-37. https://doi.org/10.1108/978-1-80117-161-820231002
Publisher
:Emerald Publishing Limited
Copyright © 2023 Mohamed Salah and Marco Bisogno