Fixed Asset Accounting Archives - SkillAbility

By Vincent Howard, CPA | Managing Partner, Howard, Howard and Hodges | SkillAbility for Accounting Firms Last updated: August 20, 2026  |  25-minute read TL;DR — The Short Answer Fixed asset accounting training should teach staff to control the entire asset lifecycle—from invoice and capitalization decision to depreciation, physical existence, disposal, reconciliation, and the tax-preparer