Track What You Own. Control What You Use. Verify What You Report.
At Gaurav Jain & Associates, we provide comprehensive Fixed Assets Verification Services across India to help organizations accurately track, verify, and manage their fixed assets. With our PAN India presence, we conduct physical verification and reconciliation of assets at all your locations—ensuring complete transparency, accountability, and regulatory compliance.
What is Fixed Assets Verification?
Fixed Assets Verification is the process of physically inspecting and verifying the existence, condition, and location of assets such as:
- Machinery & Equipment
- Furniture & Fixtures
- Computers & IT Equipment
- Vehicles
- Buildings & Leasehold Improvements
- Tools, Dies, and Special Equipment
The objective is to ensure that the asset register reflects the actual status of assets on ground.
Our Fixed Assets Verification Services Include:
- Physical verification of all movable and immovable fixed assets
- Tagging and barcoding of assets (optional)
- Reconciliation with Fixed Asset Register (FAR)
- Identification of obsolete, idle, or scrap assets
- Verification of asset ownership and condition
- Asset location mapping across branches, plants, and warehouses
- Preparation of updated Fixed Asset Register (FAR)
- Customized reports for audit, compliance, and internal controls
PAN India Presence
We conduct on-site asset verification across:
- Corporate Offices
- Factories & Plants
- Warehouses & Depots
- Hospitals, Schools & Institutions
- Multi-location Branches (Retail, Banking, Logistics)
- Remote locations across Tier 1, 2 & 3 cities
Industries We Serve
- Manufacturing & Engineering
- Education & Healthcare
- Retail & FMCG
- BFSI (Banks, NBFCs, Insurance)
- Infrastructure & Real Estate
- Government & PSU Sector
- Logistics & Warehousing
- IT & Services Sector
Why Asset Verification is Important
- Prevents pilferage, misuse, and ghost assets
- Ensures compliance with AS 10 / Ind AS 16
- Helps with accurate depreciation calculation
- Reduces audit risks and improves transparency
- Supports insurance, disposal, and capex planning
- Enables better asset lifecycle and maintenance management
Why Choose Gaurav Jain & Associates?
- Experienced audit team with nationwide deployment
- Tech-enabled processes with asset tagging and digital tracking
- Standardized checklists, formats, and reconciliation tools
- Trusted by corporates, PSUs, and statutory auditors
- Timely reporting and actionable recommendations