Fixed asset omissions and valuation Fixed asset additions ...
Fixed asset omissions and valuation Fixed asset additions ...
Fixed asset omissions and valuation Fixed asset additions ...
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Appendix 2 – Action planPageno.Recommendation2 R7 Strengthen the relationship between theBorough Valuer <strong>and</strong> the capital team,by specific reference in the Terms ofEngagement, to ensure all capitalexpenditure is reviewed by the BoroughValuer in accordance with the Council’saccounting policies.Priority1 = Low2 = Med3 = HighResponsibility Agreed Comments Date2 Borough Valuer <strong>and</strong>Chief AccountantAgreedThe Terms of Engagement for theBorough Valuer from 2010/11onwards will include a specific dutyfor the Borough Valuer to considerthe impact of capital expenditurewithin a year in arriving at his<strong>valuation</strong> of <strong>asset</strong>s for thepurposes of the AccountsOctober20105