Fixed Assets Management, Verification & Audit
At Amit Arun & Associates
we help clients in process of Fixed assets management,
a process that seeks to track fixed assets for the purposes of financial accounting,
preventive maintenance, and theft deterrence. One of the major challenges that are
by the Companies is to have a regular verification of the Fixed Assets owned by
them. At times when, the management is not sure of the existence of all the Fixed
Assets that reflect in records, the only answer is to conduct comprehensive fixed
assets and inventory verification exercise. We help clients to carry out fixed assets
and inventory verification. We render services in the following areas:
- Preparation and maintenance of fixed asset register.
- Identification & Physical
- Identification & Physical verification of assets on all India basis to match the
physical records with the book records.
- Calculate depreciation as per statutory requirements.
- Suggest capitalization of fixed assets on periodical intervals and inventory reconciliation.
- Tagging and bar coding of fixed assets for easy identification of assets.
- Implementing Internal Controls systems over expenditure on fixed assets
Our Experience with various companies has enabled us to develop the process with
which the activities can be done in a very optimum time for the required result.
We assist many corporate in managing and reconciling their fixed asset database.
We undertake complete physical verification and affix bar coded tags on each type
of assets available.
Contact us to find out more about our services and how we can help to efficiently
manage the fixed assets.