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Fixed Asset and Inventory Stocktaking
Inventory Procedure
To ensure effective accounting for property, plant and equipment and inventories, it is essential to implement an identification system that enables the accurate classification, identification, and detailed control of each asset.
The stocktaking process enables the identification of discrepancies in property, plant and equipment and inventories, strengthens internal control mechanisms, and enhances the accuracy of accounting records, helping to minimize the risk of shortages and asset losses.
Review of Fixed Asset and Inventory Receipt Records
Physical count and reconciliation.
Write-off of shortages and damaged assets in compliance with legislation.
Advisory Services on Accounting for Fixed Assets and Inventories
Accounting for Surplus Assets
Our Service
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