Compilation and Maintenance of Fixed Asset Register

5/5

BEST CONSULTANCY SERVICES

The firm's experts in Dubai possess an international outlook and stance which make it uniquely and outstandingly suitable to the modern consultancy services.

Compilation and Maintenance of Fixed Asset Register

A fixed asset register is a detailed listing of fixed assets owned by an organization. This register is mostly prepared and used to keep track of the book value of the assets, predominantly for accounting and taxation purposes.

Creating and maintaining a fixed asset register, and periodic physical verification of fixed assets become a critical function especially for asset-intensive entities. Failure to do this can lead to either overestimation or otherwise of the company’s assets in its balance sheet.Physical verification also becomes crucial when external auditors need some assurance that the assets included in the balance sheet do exist and an independent confirmation can assist in providing such assurance.

EXPERIENCED - CERTIFIED

We have got experienced personnel ready to make your business stronger

BUSINESS LAWYERS

We provide all the financial & business consultancy
services

TXTK, UAE assists its clients in creation and regular maintenance of the fixed asset register. We also undertake physical verification exercises for the existing assets, along with classifying them under various categories for an easier identification and reconciliation of their values with the balance sheet. We also provide assistance in their coding for seamless integration in accounting records.

Highly Expertise

Book Keeping
100%
Accounting Outsourcing
100%
Updating Backlog Account
100%
Inventory Verification
100%
Operating Procedures
100%
Financial Reporting
100%
Audit
100%
Compilation and Maintenance of Fixed Asset Register
100%
Open chat
1
TXTK
Hi, how can we help you?