Audit and Assurance
Fixed asset Audits
Know exactly what assets you own, where they are and what condition they're in. We physically verify your fixed assets, reconcile them with your register and books, and report any gaps.
- Physical verification on site
- Register and books reconciled
- Clear list of gaps and fixes
- In-house team, never outsourced
- Handled or reviewed by CAs and CSs
- Data privacy first
On this page
Over time, asset registers drift from reality: items are moved, scrapped or never recorded. A fixed asset audit brings the register, the books and the floor back in line.
Tsquare, a Coimbatore-based firm, handles fixed asset audits online for clients anywhere in India.
At a glance
- Who it's for
- Businesses with equipment, vehicles or other assets
- What you get
- A verified, reconciled asset register
- Where
- At your locations
- Documents
- Asset register and purchase records
Who needs a fixed asset audit?
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Manufacturers
Plant and machinery across sites.
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Multi-location businesses
Assets spread across branches or offices.
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Before audits or deals
Auditors, lenders or buyers want verified assets.
What's included
- Reviewing your fixed asset register
- Physical verification at your locations
- Tagging or identifying assets, if needed
- Reconciling the register with your books
- A report on missing, idle or unrecorded assets
Not included
- Valuation of assets (see [valuation certificate](/services/certificates-from-ca-cs-cma/valuation-certificate/))
- Travel costs for distant locations, if any
How it works with us
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We agree the scope
We discuss your goals and agree what the verification will cover.
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We gather information
We request records and speak to the people involved.
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We review and test
We examine processes, records and controls against the agreed scope.
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We report
You get a clear report with findings, risks and practical recommendations.
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We follow up
If you'd like, we check how recommendations have been put in place.
Why verify your assets?
- Your books show what you actually own.
- Losses and misuse are spotted.
- Depreciation and insurance are based on real assets.
- Auditors and lenders get the evidence they need.
Good to know
Why choose Tsquare?
Tsquare Professionals is a Coimbatore-based firm that helps clients across India with asset verification. Everything happens online, so it works the same wherever you are.
- An in-house team handles your work. It is never outsourced.
- Chartered Accountants and Company Secretaries handle or review every filing.
- Your documents stay private and are used only for your work.
- One point of contact who knows your business, from start to finish.
Need your assets verified?
Share your asset register and locations, and we'll plan the visit.
Prefer to talk?
Leave your name and number and our team will call you back.
FAQ's on Fixed asset Audits
Many businesses verify at least once a year, or more often for valuable or mobile assets.
We can help set up tagging if your register doesn't identify assets clearly.
We report them with likely reasons and recommend how to adjust your records.
Valuation is a separate service, available on request.