Control 16.37: Verification of the valuation rules
The Accounting Manager must check that all elements making up the cost of the fixed assets have been taken into account in their valuation, in accordance with the Group’s policies.
Fixed assets shall be broken down into component parts in accordance with the Activity accounting policy..
When a component part is replaced, the Accounting Manager checks that the net book value of the replaced component is written off the balance sheet and that the replacing component part is accounted for as a fixed asset.