Fixed Asset Accounting

Effort:
10 hours
Duration:
1 week
Task:
Quick functional assessment

There may be a fee associated with this assessment, learn more.

Percentage of approved capital projects considered within or on budget for spending

Gain best practices insight into the efficiency and effectiveness of your business entity's fixed asset and capital project accounting process groups by completing the Fixed Assets Accounting Open Standards Benchmarking Assessment.

Key metrics aligned to this assessment include:

  • Total cost to perform the process group "manage fixed-asset project accounting" per process group FTE
  • Percentage of fixed asset transactions handled automatically without human intervention
  • Cycle time in days to complete an approved capital expenditure plan

All submissions to APQC's benchmarking database, both Open Standards Benchmarking and Rapid Performance Assessments, must be collected using APQC's easy-to-use Microsoft Excel data collection instruments. Please download a fresh copy of the assessment file by clicking the “Download Survey to Start Assessment” button.

Each benchmarking assessment offers an Excel-based data collection tool consisting of the survey itself, the measures associated with the survey, the glossary terms needed to understand the survey, and a copy of the Process Classification Framework (PCF) relevant to the data collection instrument. The consolidated data collection tool is intended to simplify the collection of benchmarking data within your organization.

How it works:

ASSESSMENT SUBMISSION GUIDE

Once you have completed the data collection instrument, simply upload the file using APQC's secure file upload tool. Visit this URL to upload your file: https://zurl.co/8Rg92. If you are unable to connect to that web site, please contact the helpdesk for more information by sending an email to [email protected]. Please do not send privileged, confidential, or non-public data to APQC via email. Please contact the helpdesk on [email protected] if you have any further questions.

APQC analysts will immediately begin validation of your submission.

Download Survey to Start Assessment