Fixed assets verification report


Student CA IPC / IPCC

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

 
Reply   
 
Financial consultant

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

 


Total likes : 2 times

 
Reply   
 
Accounts Manager

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.

 
Reply   
 

LEAVE A REPLY

Your are not logged in . Please login to post replies

Click here to Login / Register  

 


×

  CCI MENU