Dia Fernandes
Compliance & Audit
Writes about audit evidence: what a physical verification has to produce, what belongs in a fixed asset register, and how to write a policy an auditor can check you against.
4 posts
Fixed Asset Physical Verification: How to Run a Physical Count
How to plan and run a fixed asset physical count, what US and UK auditors and grant funders expect from it, the evidence it must leave, and how to handle the discrepancies it produces.
What Is a Fixed Asset Register? Required Fields, Format and Examples
What a fixed asset register is, what US GAAP, IFRS and FRS 102 expect of it, where the capitalisation threshold sits, how book and tax registers differ, and how to reconcile it to the general ledger.
How to Write an Asset Management Policy (With Structure and Examples)
What an asset management policy should cover, how long it should be, and the clauses that make the difference between a document people follow and one they file.
Asset Audit Requirements: What Auditors Actually Ask For
Not a list of what you believe you own. A verified count, on a date, by a named person, with discrepancies attached — and why that is a different artefact from a register.