Fixed Asset Professional and IT Consultant

Asset Disposal

100%

We have expertise to handle Asset Disposal of all types of properties including Plant & Machinery, Land & Buildings and other fixed assets for all purposes that are in Excess, Obsolete, Worn, Damaged and Scrap fixed assets.

  • Excess fixed assets are items that are no longer needed but are still serviceable or useable
  • Obsolete fixed assets are items that are no longer meet the bank specifications or requirements but are still serviceable or
  • Worn fixed assets are items that may still be operable but require excessive maintenance or repair (cost, manpower) to remain in an operable
  • Damaged fixed assets are items that are not operable due to damage or accident and would require excessive repair (cost, manpower) to return the asset to serviceable condition
  • Scrap fixed assets are items that no longer function, are unserviceable and have no market value except for their basic material content

For the purpose of these exercise, we would assist your firm to determine under which of the above the fixed assets to be disposed are classified.