Physical Verification of Assets (Fixed & Stocks)
It refers to verification of fixed assets or stocks physically to ensure that all assets are available and being used for the purpose of the business of the Company/entity.
Why Physical Verification of Assets?
To ensure that assets do exist physically and are also appearing in the books of account to prevent theft and misuse of assets of the Company. It also facilitates the management to assess the physical condition of all assets of the Company.
Benefits of Physical Verification of Assets
It has following benefits attached to it;
- Physical existence
- Assessment of physical conditions
- Identification of Theft, fraud or mis-use
JASB has knowledge and experience to undertake physical verification of all types of fixed assets and stocks for its valued clients.
We render high-quality and cost- competitive services to our clients by making best use of technological resource. We do believe in providing value added services to our valued clients with respect to engagement.