Fixed Asset Policy Template Update

Product Update Notification

Fixed Asset Policy Template Update - 03/05/08

Bankpolicies.com is proud to announce the immediate availability of our revised Fixed Asset Policy Template product.

This update is in response to clients who requested additional regulatory accounting guidance.

What's Revised

Topic 2 - Policy Statement. The "General" subtopic was completely revised.

Topic 4 - Fixed Asset Program, Capitalization and Classification. The following subtopics were added:

Investment in Fixed Assets

Major Fixed Asset Accounting Categories

Topic 8 - Inventory Audit Review Policy. The "Audit Policy" subtopic (formerly entitled Audit Review Procedures) was revised to include additional reporting requirements to a financial institution's audit committee.

Product Contents

Purpose and Contents - Topic 1

Policy Statement - Topic 2

Definitions - Topic 3

Fixed Asset Program, Capitalization and Classification - Topic 4

Accounting Department Responsibilities - Topic 5

Branch or Department Responsibilities - Topic 6

Information Systems Responsibilities - Topic 7

Inventory Audit Review Policy - Topic 8

Retention of Documentation - Topic 9

Ordering Information

This product is available to purchase from Bankpolicies.com for:

$150.00 - List Price

- or -

$25.00* - Update Price

*Applies only to clients who have purchased the Fixed Asset Policy Template within the last three years.

If you have ordered this product after 02/05/08 you are eligible to receive the product update at no charge.

Click here to place an order for this product. Clients who are eligible for our Legacy Rewards Volume Discount can apply their applicable discount level to the list or update price (whichever applies).

NOTE: Refer to our Place an Order page for important information regarding payment terms and our return policy. Orders placed for Product Updates are only available directly through Bankpolicies.com.

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