Fixed assets are one of the largest investments on a company’s balance sheet, and yet they tend to be poorly controlled. This presents a risk of reporting incorrect asset valuations. In Fixed Asset Controls, we cover many types of controls, including those pertaining to fixed asset authorizations, valuation, depreciation, disposal, and theft. We also point out how to reduce the cost of these controls. The intent is to provide the user with a comprehensive set of controls to form the basis for a proper fixed asset accounting system.