Fixed Asset Audit

Fixed Asset Audit

SITE VERIFICATION & COUNT

LABELLING & TAGGING

TRACKING  & TRANSFER

VALUATION & REVALUATION

RECONICILIATION BETWEEN GL Vs FIXED ASSET REGISTER Vs ACTUAL SITE DATA/COUNT 

 

AME is influential in cleaning and reconciling the Fixed Asset Register of many Large Corporate Entities in the region. We offer comprehensive solutions in the area of Fixed Assets Management; Managing, tracking, tagging and reconciliation services ( reconciliation between GL & FA Register VS Actual Asset Tagged Data) where we posses specific expertise.

 

Our services are mainly used by Large Organizations in the fields of Manufacturing, Hospitality, Asset Management, Aviation, Banking and Retail companies. As part of FA Solutions, we offer IT software, hardware, consumables and IT integration  with major ERP applications.

 

We offer unique and  comprehensive solutions through our FIXED ASSET AUDIT Services and carries the distinction of being the only Audit Firm offering these services in a comprehensive manner for the  whole region and our expertise and services are currently used by Government  Entities and Large Business Groups for various purposes; As part of FA Reconciliation,  Annual Audits, Due Diligence, M & A,  Business Valuation and or as required by its Board of Directors.

 

Our Asset Tracking & Label Applications software can easily be integrated to major ERP applications as the System including the hardware component has the capability to read, extract, store and upload the data in to  Third Party Applications or have the capability to create common fields or can convert the data in to major formats. Since the system offers software compatibility, the accuracy of the data can be maintained.

 

FIXED ASSET AUDIT is eminent due to the fact that, the values generally appearing in your GL or Fixed Asset Register seldom verified with the Actual Asset Data AT Site ( based on its current availability, condition, value etc. ) hence requires its  Physical count, tagging, Reconciliation etc.  Once Assets are verified at various site, we label them wherever necessary ( based on the numbering systems the FA Register generates ) and reconcile them with book value and Vice Versa. Through this process we are able to identify and provide with our clients, the List of Missing, Unfound Assets, Additional Assets,  wrong Damaged or Scrap Assets, the condition of the Assets, Its Custodian, Location, Duplication/ Accounting and capitalization Errors  etc. Once verification and reconciliation is done, the GL of your ERP Solutions requires up date where in we create additional fields to include all up date information. This will offer accuracy to your Balance Sheet Figures and in most of the cases will have impact on your profit & Loss Account.

 

We offer specialized requirements of our clients; In order to establish effective  reporting solutions using the existing applications of the clients; be it an existing application in the form of an ERP or by offering Taylor made solutions which includes setting up of an interface or by undertaking  integration of a third party application with the existing applications of the client. We have a good track record in offering these solutions for clients who are using major  ERP applications like SAP, ORACLE FINANCIALS, E BUSINESS SUITE, MS-GREAT PLAINS, MS-DYNAMICS, BANN etc.

 

Other Services

  • Audit

  • Retainer - Accounting and Financial Reporting

  • Temporary or Contract Staffing

  • Banking Advisory and Private Investment

  • Pay Roll Process and Out Sourcing

  • Business Advisory and Management Consulting

  • Business Process Management (BPM)

  • BPO-Process Out Sourcing

  • TAX – EXCISE & VAT

  • Formation of Companies or On Shore and Off Shore

Our Location

Accounts Middle East,
P O Box : 64003,
Suite 903, Al Hawai Tower,
Sheikh Zayed Road,Dubai,
United Arab Emirates.
Phone: + 971 4 3434784