what are assets?

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WHAT ARE ASSETS?

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Post on 04-Mar-2021

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Economy & Finance


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Asset Management is the process of managing and monitoring assets efficiently. Basically, its main function is to track and record assets throughout their life cycle.

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Page 2: What are Assets?

WHAT ARE ASSETS?• ASSET MANAGEMENT IS THE PROCESS OF MANAGING AND MONITORING ASSETS

EFFICIENTLY. BASICALLY, ITS MAIN FUNCTION IS TO TRACK AND RECORD ASSETS THROUGHOUT THEIR LIFE CYCLE. PROVIDES POSSIBLE DATA ON THE ORGANIZATION SUCH AS WHERE EACH PROPERTY IS LOCATED, WHO THE USER IS AND HOW IT IS USED AND WHETHER THE PROPERTY MAY NEED MAINTENANCE.

Page 3: What are Assets?

WHAT ARE THE TYPES OF ASSETS?

• CURRENT GOODS

• NON-CURRENT GOODS

• PORTABLE GOODS

• INTANGIBLE ASSETS

• EQUIPMENT FOR WORK

• NON-FUNCTIONAL GOODS

• EXAMPLES OF GOODS - MONEY, MACHINERY, STOCK, PROPERTY, VEHICLES, RECEIVABLES, PATENTS, PATENTS, LOGOS, PATENTS. THEY CAN BE CONSIDERED CURRENT, FIXED, VISIBLE, INVISIBLE ETC.

Page 4: What are Assets?

WHAT ARE THE BENEFITS OF ASSET MANAGEMENT

• DEMONSTRATED COMPLIANCE WITH THE NEEDS AND ASPIRATIONS OF YOUR PARTICIPANTS

• - BETTER FINANCIAL RESULTS DUE TO BETTER ROI AND / OR COST REDUCTION

• - INFORMATIVE DECISIONS ON MANY ASPECTS, SUCH AS PERFORMANCE, PROFIT AND COST, RISKS AND OPPORTUNITIES

• - RISKS THAT ARE CONTROLLED WHERE NECESSARY AND DELIBERATELY PRESENT IF ACCEPTABLE

• - HIGH CUSTOMER SATISFACTION

Page 5: What are Assets?

THANK YOU

• FOR MORE INFORMATION, VISIT : HTTPS://WWW.PMSADVISORS.COM/