What's the big deal about fixed assets? If the PCAOB starts to review auditor work papers dealing with Property, Plant, and Equipment (PP&E;) on a more intensive basis, will your organization be ready? What if fair value reporting for PP&E; were required? As timely as it is complete, Internal Control of Fixed Assets peels back the layers surrounding the often-complex topic of internal controls for PP&E.; This nuts-and-bolts book provides authoritative, step-by-step guidance on developing a system of internal controls for fixed assets, covering: * IFRS versus GAAP: what you must know * Internal control, Sarbanes-Oxley, and the PCAOB * Capitalization and expense of PP&E; *