Just as there are different areas of business, there are different areas of accounting. Fixed Asset Accountants are responsible for tracking the value and changes in a company's assets. The assets they are concerned with may be tangible or intangible. Some of the duties that Fixed Asset Accountants conduct are the calculation and recording of the depreciation of fixed assets and the investigation of assets' potential obsolescence. They help companies compare their asset expenditures with their capital budgets.
Fixed Asset Accountant Education Requirements
Fixed Asset Accountants usually must have a bachelor's degree in accounting or business administration with a concentration in accounting. Some employers tend to prefer accountants who have master's degrees in business administration or accounting. Accountants may also obtain certification as Certified Public Accountants or Certified Management Accountants. Additionally, some Fixed Asset Accountants start off by obtaining internships at corporations as Junior Accountants and then work their way up through the company.