• ADHARAPURAPU. N.V.S.K. SWETHA
• Dr.P.SUBBARAO

Fixed assets, also known as "tangible assets “or property, plant, and equipment (PP&E), is a term used in accounting for assets and property that cannot easily be converted into cash. AS 16 (International Accounting Standard) defines Fixed Assets as assets whose future economic benefit is probable to flow into the entity, whose cost can be measured reliably. Moreover, a fixed/non-current asset can also be defined as an asset not directly sold to a firm's consumers/end-users. non-current assets have value, they are not directly sold to consumers and cannot be easily converted to cash. These are items of value that the organization has bought and will use for an extended period of time; fixed assets normally include items such as land and buildings, motor vehicles, furniture, office equipment, computers, fixtures and fittings, and plant and machinery. It is pertinent to note that the cost of a fixed asset is its purchase price, including import duties and other deductible trade discounts and rebates. In addition, cost attributable to bringing and installing the asset in its needed location and the initial estimate of dismantling and removing the item if they are eventually no longer needed on the location. The primary objective of a business entity is to make profit and increase the wealth of its owners. The important point here is that whether these fixed assets are utilized to the fullest in an efficient and effective manner.

DEPRECIATION,LIQUIDITY

"A STUDY ON FIXED ASSET MANAGEMENT OF BSNL", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.463-467, June-2019, Available :http://www.jetir.org/papers/JETIR1906212.pdf

"A STUDY ON FIXED ASSET MANAGEMENT OF BSNL", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp463-467, June-2019, Available at : http://www.jetir.org/papers/JETIR1906212.pdf