A PROJECT REPORT ON FIXED ASSETS MANAGEMENT AT ASIAN PAINTS

LIMITED.

Osmania University, Hyderabad-500007

In partial fulfillment of the requirements for the award of

the degree of
Bachelor of Business Administration (BBA)
Submitted By

ISHIKA AGARWAL

2085-20-684-027

Under the Guidance of

G.PRAGNA

ASSOCIATE PROFESSOR
Department of Management Avinash Degree College,
Kukatpally Hyderabad -500072

2020-2023

INTERNAL GUIDE: EXTERNAL GUIDE:

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 Avinash College of Commerce - Degree,
ACC Towers, Plot No. 21, 22, 53 & 54 Ushamullapudi Road,
Behind South India Shopping Mall, A.S.Raju Nagar,
Kukatpally Housing Board Colony, Kukatpally, Hyderabad,

Date:

CERTIFICATE

This is to certify that the project work entitled “A PROJECT REPORT ON

FIXED ASSETS MANAGEMENT AT ASIAN PAINTS LIMITED”, is the
bonafide work done by ISHIKA AGARWAL, Roll No: 208520684027 as a part of
their curriculum in the Department of Management, Avinash Degree College,
Kukatpally, Hyderabad- 500072.This work has been carried out under my guidance.

Ms.M.Phanimala Ms.P.Swetha Reddy Ms.P.Swetha Reddy

PRINCIPAL HEAD OF DEPARTMENT INTERNAL GUIDE EXTERNAL

EXAMINER

ii
 Avinash College of Commerce - Degree,
ACC Towers, Plot No. 21, 22, 53 & 54, Ushamullapudi
Road, Behind South India Shopping Mall, A.S.Raju Nagar,
Kukatpally Housing Board Colony, K ukatpally, Hyderabad,
Telangana 500072

Date:

CERTIFICATE

This is to certify that the project entitled “A PROJECT REPORT ON FIXED ASSETS
MANAGEMENT AT ASIAN PAINTS LIMITED”, submitted to the Osmania
University, in partial fulfillment of the requirements for the award of the Degree of
Bachelor of Business Administration (BBA), is a bonafide record of original project work
done by ISHIKA AGARWAL (Reg. No. 2085-20-684-063) during the period of
February- 2023 to May-2023 her / his study in the UG Department of Management
Avinash Degree College, Hyderabad, Telangana- 500007. Under my supervision and
guidance, the project has not previously formed the basis for the award of any Degree,
Diploma, Associate ship, fellowship, or other similar title to any other candidate of any
University. The Project represents entirely an independent work of the candidate.

Project Guide

DECLARATION

iii
 Date:

I, ISHIKA AGARWAL (Reg.No.2085-20-684-063) hereby Declare that the project entitled “A

PROJECT REPORT ON FIXED ASSETS MANAGEMENT AT ASIAN PAINTS
LIMITED”, submitted to the Osmania University, in partial fulfillment of the requirements for
the award of the Degree of Bachelor of Business Administration (BBA) is a bonafide record of
original project work done by me during the period of April2022 to July2022 under the
supervision and guidance of G.PRAGNA, ASSOCIATE PROFESSOR and it has not formed
the basis for the award of any Degree, Diploma, Associate ship, Fellowship or other similar title
to any other candidate of any University.

Signature of the Candidate

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 ACKNOWLEDGEMENT

This project is the end of my journey in obtaining my BBA Degree. At the end of
my project, it is a pleasant task to express my thanks to all those who contributed in many ways
to the success of this study and made it an unforgettable experience for me. I sincerely record my
thanks to Mr. AVINASH BRAHMADEVARA the Chairman and Mr. B. SANTHOSH
Director of Operations of Avinash College of Commerce- Degree, Kukatpally, and other
members of the management committee for encouraging me to take up this UG program in this
reputed Institution. I am grateful to our Principal Ms.M.Phanimala for providing us the
opportunity and platform to work on the project and providing all the necessary facilities for the
successful completion of this work. I express my humble gratitude to Head of the Department
Ms. P.SWETHA for guiding, supporting, and inspiring me during my project work. I am happy
to express my gratitude to my Project Guide Mrs. G.PRAGNA for guiding me throughout the
project.

ISHIKA AGARWAL

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 CONTENTS

Title Page No.

Certificate ii

Declaration iv

Acknowledgement v

Contents vi

List of Tables vii

List of Figures vii

Abstract ix

Chapter Title Page No.

I INTRODUCTION

II REVIEW OF LITERATURE

III CONCEPT OF THE STUDY

IV DATA ANALYSIS AND INTERPRETATION

V FINDINGS, SUGGESTIONS AND CONCLUSION

BIBLIOGRAPHY

APPENDICES I

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 LIST OF TABLES

Table Title Page

No. No.

10

11

12

13

14

15

16

17

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 LIST OF FIGURES

FIGURE Title Page

No. No.

10

11

12

13

14

15

16

17

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 ABSTRACT

Fixed Asset, also known as a non-current asset or as property, plant, and equipment (PP&E), is a
term used in accounting for assets and property which cannot easily be converted into cash. This
can be compared with current assets such as cash or bank accounts, which are described as liquid
assets. In most cases, only tangible assets are referred to as fixed.

Moreover, a fixed/non-current asset can also be defined as an asset not directly sold to a firm's
consumers/end-users. As an example, a baking firm's current assets would be its inventory (in
this case, flour, yeast, etc.), the value of sales owed to the firm via credit (, i.e., debtors or
accounts receivable), cash held in the bank, etc. Its non-current assets would be the oven used to
bake bread, motor vehicles used to transport deliveries, cash registers used to handle cash
payments, etc. Each afore mentioned non-current asset is not sold directly to consumers.

These are items of value which 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. These often receive
favorable tax treatment (depreciation allowance) over short-term assets. According to
International Accounting Standard (IAS) 16, Fixed Assets are assets whose future economic
benefit is probable to flow into the entity, whose cost can be measured reliably.

Fixed Assets Management is an accounting process that seeks to track fixed assets for the
purposes of financial accounting, preventive maintenance, and theft deterrence.

Many organizations face a significant challenge to track the location, quantity, condition,
maintenance and depreciation status of their fixed assets. A popular approach to tracking fixed
assets utilizes serial numbered Asset Tags, often with bar codes for easy and accurate reading.
Periodically, the owner of the assets can take inventory with a mobile barcode reader and then
produce a report.

Keywords: Asset management, Fixed assets, Liquid Assets, Tangible assets.

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