Some fixed assets policy and procedure manuals vary from company to company but the assets remain the same. Some of assets might be all furniture and computer purchases all equipment with a cost of 500 dollars or more and with a minimum of three year service life, major site improvements and building improvements, purchases, and construction. This manual would include the ownership
. responsibility, acquistions, and loss of property. This manual would allow a chain a person to know the chain of responsibility for taking care of the assets of the company. For instance the care of vehicles used, what would be done if the asset no longer is operating. For examples of fixed asset policy and procedure manuals, http://www.nctreasurer.com/NR/rdonlyres/8E44934C-BCA9-4926-AD1B-924E70D1775C/0/20policy.pdf.
