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Plant and Property: Disposal and Write-Off

Plant and Property: Disposal and Write-Off Use of Legal Counsel 1. Given the legal complexities involved in the transfer of title documents for Plant, Land and Buildings, the first step in processing the disposal of the Plant, Land or Building is to engage the services of legal counsel in consultation with Legal Office (LO), Bureau for Management Services (BMS) for the necessary advice in the …

Content Type: Document Document Type: Policy Effective Date: 26-07-2016 Planned Review Date: 09-01-2026 Policy Area: Administrative Services Policy Chapter: Asset Management - Property, Plant and Equipment Policy Sub-Chapter: Plant and Property Policy: Disposal and Write-Off (Plant and Property)

Plant and Property: Depreciation, Reconciliations Reports and Centralized Functions

Plant and Property: Depreciation, Reconciliations Reports and Centralized Functions 1. Depreciation is the measure of wearing out, consumption or other loss of value of a fixed asset over its useful life. It will be the monthly expense charged to a project for the use of an asset over its lifetime. 2. The Depreciable amount is the cost of an asset, or other amount substituted for cost, less its …

Content Type: Document Document Type: Policy Effective Date: 25-07-2016 Planned Review Date: 09-01-2026 Policy Area: Administrative Services Policy Chapter: Asset Management - Property, Plant and Equipment Policy Sub-Chapter: Plant and Property Policy: Depreciation, Reconciliations Reports and Centralized Functions (Plant and Property)

Plant and Property: Acquisition and Maintenance

Plant and Property: Acquisition and Maintenance Plant 1. For the purpose of these guidelines, Plant comprises those assets that are grouped together; held in use for the production or supply of goods or services; used in the implementation of UNDP programmes and administrative operations; and are expected to be used during more than one financial reporting period. Examples of such assets are …

Content Type: Document Document Type: Policy Effective Date: 25-07-2016 Planned Review Date: 09-01-2026 Policy Area: Administrative Services Policy Chapter: Asset Management - Property, Plant and Equipment Policy Sub-Chapter: Plant and Property Policy: Acquisition and Maintenance (Plant and Property)