Fixed asset management: analysis of the policies and procedures of a client of Rahman Rahman Huq, chartered accountants (KPMG Bangladesh)

Abstract

The report titled “Fixed Asset Management: Analysis of the Policies and Procedures of a client of Rahman Rahman Huq, Chartered Accountants (KPMG Bangladesh)” is the outcome of 12 weeks of internship at Rahman Rahman Huq. This report includes 3 chapters namely, Overview of Internship, Organization Part, and the report part. The primary objective of this report was to provide hands-on practical experience of Audit and Advisory services and Fixed Asset Management. This report includes a synopsis of the company’s profile. Moreover, this report provides an understanding fixed asset management process, treatment for IAS 16 and policies of Company X. This report is endorsed by qualitative data from primary and secondary sources. The findings have been presented with descriptive analysis. It consists of the mission, vision, values and tagline of KPMG. This report also consists of KPMG’s SWOT analysis, Porters five forces analysis, marketing practice, accounting practice, and management practice. In conclusion, the paper analyzes the findings and provides Company X with recommendations for the foreseeable future. The name of the company is not disclosed to maintain confidentiality and there are some data limitations due to non-disclosure agreement. Nevertheless, the analysis was conducted based in the company’s available information.