What is fixed assets accounting?

Fixed assets are commonly defined as property, plant, and equipment一example include buildings, land, computer equipment, machinery, vehicles, and more. These assets must be used for production. Inventory items are not considered fixed assets. As a fixed assets accountant, your job duties and responsibilities include identifying, properly depreciating, and maintaining fixed assets as well as accounting for a company’s financial well-being. You must have at least a bachelor’s degree, although a master’s degree is helpful. Relevant experience as an accountant dealing with capital and revenue is a must. Additional qualifications include excellent math, organizational, and computer skills.