Fixed Asset Management Services
POER provides tax and fixed asset management services nationwide. Our focus is helping our clients assure compliance with Sarbanes-Oxley and
increase net revenue by reducing income and property taxes. POER fixed asset services are a SAS-70
certified process. POER asset experts perform physical inventories, tag each asset, segregate cost
and eliminate ghost assets. The end result is your balance sheet reflects exactly what you have, what
it cost and where it is. If you are concerned that your balance sheet is not in full Sarbanes-Oxley
compliance or that you are sacrificing net income to an inaccurate balance sheet, you need to talk to
POER.See our brochure for more information on
POER's Fixed Asset Management Service.
What is FAMS?
- Wall-to-wall inventory for real, personal
property
- Physical identification and bar code tracking of
fixed assets
- Book accounting reconciliations
- Tax return reconciliations
- Replacement cost calculations
- Cost segregation analysis
- Asset capitalization process
- Comprehensive financial, tax analysis and benefits
program
- Ongoing fixed asset maintenance program
- Sarbanes-Oxley and FASB 144 reports as needed
What are the Benefits?
| Audit issues eliminated |
Creates clean computerized
fixed asset records consistent across your
company |
| Maximized exemptions |
Comprehensive analysis
documents all deduction & tax return
exemptions |
Maximum tax savings at federal
and local levels |
Accurate BPP tax returns
result in significant tax savings. |
| Minimum asset ownership cost |
Eliminates assets from being
double-taxed for both real and personal
property. Write-off assets with no book
value. |
| Sarbanes-Oxley compliance |
Conversion of mass asset
accounting to componentization |
What is the FAMS Process?
- Conduct fixed asset physical inventory
- Tag each asset with bar codes
- Document unbooked disposals and partial disposals
- Reconcile to facility and corporate fixed assets
- Classify all assets to maximize tax benefits
- Ensure accuracy by tagging and recording new adds,
disposals and transfers
- Train purchasing and accounting personnel in
techniques to minimize both taxes and
administration
Who are POER's FAMS Experts? POER's full-time FAMS team
has over 120 years of combined fixed asset
management experience world-wide. Over the last
eight years, they created more than $50 million in
tax savings for clients.
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