Hi everyone !
Please send me the Fixed Assets Verification Report of a Pvt. Ltd. Company if you have on the email given below:
narendraca10 @ outlook.com
3 Replies
CA Amrita Chattopadhyay
(Audit & Assurance)
(13459 Points)
Replied 29 January 2018
Usually the Fixed Assets Verification report has the following columns
1. Sl.No.
2. Category of assets (Machinery, equipment, furniture etc)
3. Name of the assets
4. Location of asset
5. Quantity (Physically verified)
6. Quantity (as per books)
7. Difference (5 - 6)
8. Reason for difference
V P Narasimhan
(Accounts Manager)
(791 Points)
Replied 08 November 2018
The following also to be considered
1. Original Invoice 2. Delivery Chalan. Date of Purchase or put in to operation.3. Warranty calsue (to find out the Life time to provide Depreciation with the latest rule) 4. Payment details (if purchased thro' HP/Bank Loan/Lease etc.,5. Original Invoices to be kept seperately for IT purposes.6If Fixed Asssets Register Maintained has it been entered.7 Any Hypotheication/Pledge with Bank/Fianance Lenders.
mahak
(chartered accountant)
(24 Points)
Replied 22 July 2021
PLease share fixed asset verification report format on my mail id camahakjain @ gmail.com
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