What are some reasons for the asset register not reconcile with the non-current assets?

Tweet Reasons include the following: Assets stolen or damaged Obsolete New assets not yet recorded in the register Improvements not yet recorded in the register Errors in the register

What details about a non-current asset might be included in an asset register?

Tweet Some major details which should be included in an Assets Register:- Date of purchase Description Original cost Depreciation rate and method Accumulated depreciation to date Date and amount of any revaluation Value of improvement to the asset