SSG 38 Asset Costing & Valuation (PDF)
Asset Management and Finance are inextricably linked. Organisations which rely on assets for the delivery of products and services need to spend money on creating, caring for and ultimately disposing safely of assets.
The majority of the associated asset management activities rely on good interworking between asset managers and finance professionals, essential for the achievement of corporate objectives and the delivery of value to stakeholders and to satisfy external reporting needs.
This SSG is concerned with how an organisation manages the financial information relating to its assets and asset management activities. This includes ensuring the quality and timeliness of financial information is appropriate for the financial reporting framework of the organisation.
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