Physical Verification of Fixed Assets & Inventory.On-site fixed-asset and inventory counts reconciled to the books.

Why this matters

Physical counts attended by an independent third party are the highest-evidence way to confirm balance-sheet existence. We attend year-end and cycle counts for inventory, run wall-to-wall fixed-asset counts for warehouses, factories, and asset-intensive operations, and reconcile counted to GL in one document.

What's inside

5 engagements under Physical Verification of Fixed Assets & Inventory, each with a dedicated page. Click any for the full brief.

Pre-Count Planning

Count instructions, location list, asset register cut-off, and the data-entry method are agreed before count day.

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Wall-to-Wall and Cycle Counts

Wall-to-wall for annual confirmation; rolling cycle counts for businesses that cannot stop operations.

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Asset Tagging and Register Reconciliation

Where the fixed-asset register has drifted from physical reality, we re-tag, re-baseline the register, and report the write-off or recovery exposure with the supporting list.

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Inventory Costing Verification

FIFO, weighted-average, or specific-cost methods checked against the actual flow and against IAS 2 net-realisable-value adjustments at the count date.

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Difference Investigation

Counted-to-book differences are listed, investigated to root cause, and reported with management's proposed write-off or recovery action.

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