Controlling Fixed Asset Repair Costs in Public Sector: a Comparison of Japan, the Usa and Germany

Authors

  • Rustamova Iroda Bahtiyorovna Graduate student of TSUE MS in “Budget accounting and treasury”

Keywords:

fixed assets, repair cost, public sector, Japan, Germany, the USA, proactive approach

Abstract

This paper compares the approaches to controlling fixed asset repair costs in the public sectors of Japan, Germany, and the USA. Japan emphasizes proactive maintenance with strict regulations and long-term planning. The USA employs a mix of proactive and reactive strategies, while Germany prioritizes preventive maintenance. Differences in infrastructure management and budget allocation are highlighted, along with proposed best practices such as collaboration, technology adoption, standardization, and adequate funding. Overall, cross-country learning can enhance cost control measures and asset management efficiency in public sectors globally.

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Published

2024-05-15

How to Cite

Bahtiyorovna, R. I. . (2024). Controlling Fixed Asset Repair Costs in Public Sector: a Comparison of Japan, the Usa and Germany. EUROPEAN JOURNAL OF BUSINESS STARTUPS AND OPEN SOCIETY, 4(5), 51–53. Retrieved from http://inovatus.es/index.php/ejbsos/article/view/3107

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