Fixed assets verification
This query is : Resolved
Dasharath Appa Pujari
(Querist)
26 November 2012
Dear Friends,
Please let me the main points to be considered while undertaking Fixed Asset verification?
Please let me the main points to be considered while undertaking Fixed Asset verification?
CA Kishore Tallam
(Expert)
26 November 2012
These points may be useful:
1. Whether all the assets are properly tagged or not.
2. A proper FA register is maintained or not.
3. How is the management exercising controls on inward and outward movement of assets.
4. Whether all the assets physically are verified and reconciled with books.
5. Presentation of differences on verification.
1. Whether all the assets are properly tagged or not.
2. A proper FA register is maintained or not.
3. How is the management exercising controls on inward and outward movement of assets.
4. Whether all the assets physically are verified and reconciled with books.
5. Presentation of differences on verification.
Message likes :
1 times
Dasharath Appa Pujari
(Querist)
26 November 2012
Thanks Kishore.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR9 Annual Return
- Ito add credit side of bank
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Reward for festival
- Employee secondment
- Form 144 TDS Return Validation error
- LLP audit and disclosure
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Import of Capital Machine
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
