Fixed Asset Management Services

  • Maintaining fixed asset registers with accurate details of acquisition, location, and asset classification.
  • Calculating depreciation in accordance with applicable accounting standards and income tax provisions.
  • Verifying asset records against physical assets to identify discrepancies and missing entries.
  • Reviewing the capitalization of assets and ensuring appropriate accounting treatment of expenditure.
  • Assisting with asset valuation, impairment assessment, and year-end financial reporting requirements.
  • Managing accounting records for asset additions, transfers, disposals, and write-offs.
  • Supporting fixed asset reconciliation with general ledger balances and financial statements.
  • Advising on fixed asset controls and documentation to strengthen audit readiness and regulatory compliance.
 
     
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