Fixed Asset Verification

Ensure accurate asset records, prevent loss, and strengthen audit compliance with our verification and tagging services.

30+

businesses supported with fixed asset audits

10+

sectors served across industries

95%

asset match rate in verified inventories

50+

internal teams trained in asset tagging & tracking

Overview

Protecting What You Own

At Lekshmi N Iyer & Associates, we help you identify, tag, verify, and reconcile your fixed assets. Whether preparing for an audit, merger, or internal control upgrade—accurate asset records are key to financial discipline and operational control.

Who we serve

Enabling better control through clear asset visibility

We structure verifications based on usage, location, and depreciation policy—providing records that are ready for both statutory and internal audits.

Commitment

Why This Matters

Undocumented or misplaced assets can lead to financial misstatements, audit penalties, or even business risk. Fixed asset verification helps maintain accurate records, recover ghost assets, and eliminate redundancies.

Our Process

From scattered records to structured tracking

Data Collection & Register Review
Evaluate current asset listings and formats.
On-Ground Physical Verification
Match physical assets with books across all locations.
Tagging & Labeling
Barcode or RFID tagging (optional) for asset tracking.
Reconciliation Report
Identify excess, missing, or duplicate entries.
Final Register & Recommendations
Provide clean, verified asset register ready for audits.

Who we serve

What’s Included

Physical Verification & Validation

Covers all departments, branches, or warehouses.

Updated Asset Register

Reconciled with books and supported by images if required.

Depreciation Checks

Ensure correct life cycle application.

Compliance-Focused Outputs

Ready for tax audit, internal audit, and board reviews.

FAQ