Fixed Assets Audit & Verification
By NDS Advisors
Accurate asset records. Better control. Stronger financial reporting.
Overview
Fixed assets form a significant part of a company’s balance sheet. Ensuring their existence, proper valuation, and accurate recording is critical for reliable financial reporting.
Fixed asset audit involves physical verification of assets, reconciliation with asset registers, and validation of capitalization, depreciation, and disposal entries.
At NDS Advisors, we combine physical checks with system-level validation to ensure your asset records are complete, accurate, and compliant.
Our Fixed Asset Audit Services
Physical Verification
On-site identification and tagging of fixed assets.
Asset Register Reconciliation
Matching physical assets with fixed asset registers.
Depreciation Review
Verification of depreciation calculations as per applicable standards.
Capitalization Check
Ensuring correct classification between capital and revenue expenses.
Asset Disposal Review
Verification of sale, discard, or write-off of assets.
Our Approach
Understand Asset Structure
Physical Verification
Reconciliation
Reporting & Insights
Why This Matters
Inaccurate asset records can lead to incorrect financial statements, overstatement or understatement of profits, and compliance risks.
Missing assets, duplicate entries, or incorrect depreciation are common issues that impact financial clarity.
A structured fixed asset audit ensures accuracy, strengthens internal controls, and improves decision-making.
FAQs
Get Control Over Your Assets
Accurate records. Better compliance. Stronger decisions.
Talk to NDS Advisors