Fixed Asset Verification
All private and public entities are required to conduct an annual physical count of all fixed assets to verify actual assets in hand and value and ensure the accuracy of related financial records.
The details of the assets must be maintained in fixed asset register in a format as per the company’s guidelines. .
We verify the assets as per the list provided by the client and check if the details of all the assets have been updated in the Fixed Asset Register maintained by the client. Where assets have not been identified or updated in the fixed asset register, we inform the client about the same in writing.
Tagging of Fixed Assets with Bar Coding
Verification of Fixed Assets
Reconciliation of Fixed Assets