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Fixed Asset Inventory Reconciliation

Posted @ May 26, 2013, 8:31 pm under (Fixed Assets Verification)

Fixed Assets Management, Verification & Audit - to Korean and Japanese Companies located in Delhi, Gurgaon, Manesar, Noida, Greater Noida, Faridabad, Baddi, Himachal Pradesh, Jaipur, Alwar, Nagpur, Punjab, Pune and Mumbai.

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. 
Fixed Asset Inventory Reconciliation Approach
Our fixed asset inventory reconciliation approach is a methodology that bridges gaps typically experienced with traditional fixed asset verification. 
Wall-to-Wall Physical Inventory: 
Utilizing state-of-the-art handheld technology to capture asset inventory data and creating a vehicle for more efficient cycle inventory by tagging all assets with a barcode label.
Floor-to-Book Reconciliation: 
Reconciliation of inventoried assets to a fixed asset ledger and/or other corporate asset management database (e.g. IT, Facilities, Maintenance, etc.).
Book-to-Floor Reconciliation: 
Detailed review and reconciliation of remaining capital assets not able to be inventoried, including real property, bulk assets, ghost assets, intangibles, etc.
Cost Componentization:
Additional detailed cost componentization of capital equipment that creates the support needed for IFRS and re-classification of assets into more accelerated depreciation/personal property tax categories.
Reporting / Data Delivery: 
The FAIR service results are delivered with a detailed audit trail for every asset and reports/data files are formatted to facilitate electronic updates of asset databases.

Mail us at to find out more about our services and how we can help to efficiently manage the fixed assets.



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