FIN-053STANDARD PREVIEWCompany tier

Fixed Asset Disposal and Write-Off Approval

Governs the approval, execution, and recording of fixed asset disposals, sales, donations, and write-offs.

Public overview

Why This Matters

Disposal is the moment an asset can quietly become someone's personal property, which is why the person approving a disposal never hauls it away and the person selling scrap never pockets undocumented proceeds. Clean disposals also keep the books honest; ghost assets inflate insurance premiums and distort depreciation for years.

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Version
1.0
Authority
A5
Section
Finance & Accounting

Operational and leadership guidance published by Alveary. Not legal, employment-law, safety-engineering, or regulatory advice. Standards vary by jurisdiction, brand, and property — consult qualified counsel and your own policies before acting.