Fixed Asset Management & Physical Verification Services
Fixed Asset Management & Physical Verification Services
Fixed asset management and physical verification are vital for maintaining accurate records, protecting assets, and ensuring compliance with accounting standards and regulatory requirements. Our service assists businesses in tracking, managing, and verifying assets systematically, minimizing risks of misstatement, loss, or misuse.
We provide end-to-end support in maintaining asset registers, conducting physical verification, reconciling discrepancies, and optimizing asset utilization. Our approach ensures transparency, regulatory compliance, and reliable reporting for stakeholders and auditors.
About This Service
Our service includes maintaining a detailed fixed asset register, capturing asset details, depreciation, and life-cycle tracking to ensure accurate financial reporting.
We perform periodic physical verification of assets across all locations, reconciling records with actual assets to identify discrepancies, missing items, or misstatements.
Beyond verification, we provide advisory on asset capitalization, depreciation policies, impairment assessments, and disposal procedures, ensuring compliance with accounting standards such as Ind-AS and IFRS.
We prepare comprehensive fixed asset reports highlighting discrepancies, recommendations, and reconciliations. These reports serve as an essential tool for management, auditors, and regulatory authorities for compliance and informed decision-making.
Key Features / Scope of Work
Maintenance of detailed fixed asset registers and life-cycle tracking
Periodic physical verification of assets across locations
Reconciliation of asset records with physical verification findings
Advisory on asset capitalization, depreciation, impairment, and disposal
Identification and reporting of discrepancies, missing, or misused assets
Preparation of comprehensive asset verification and reconciliation reports
Support for audit compliance, financial reporting, and regulatory requirements
Optimization of asset utilization, safeguarding, and risk mitigation
- Consulting & Support
- Mergers, Acquisitions & Corporate Restructuring
- Financial Modelling & Business Plans
- IPO Readiness & DRHP Support
- Capital Market Advisory (QIP, Rights, Private Placement)
- Corporate Law Advisory (Board Governance, Secretarial Support)
- IFRS/Ind-AS Implementation Support
- Deal Negotiation Support & SPA Review
- Fixed Asset Management & Physical Verification Services
- Human Resource Outsourcing and Placement
- Get Trusted Advice
