Gaming Computer
1 × $940.00
Smartphone Vivo
V9 1 × $899.00
SanDisk Flash
Drive 1 × $756.00
Smart Power Bank
1 × $723.00
Apple Smartwatch
1 × $1080.00Subtotal: $4398.00
Precision Neo Management
PN Management developed smart audit solutions combining QR / RFID tags, GPS, trans receivers with web and mobile application based audits which can reconcile or track low / high values assets like furniture fixtures, IT assets, machinery at manufacturing plants, finished goods, stocks at warehouse, machinery at manufacturing plants, Material / Stock at Yard etc. We have large team of well experienced auditors for on-ground audit support.
We deliver world-class internal audit services, leveraging leading practises that we have helped define and shape for the profession.
Innovation inspires and encourages.
Technology and data enable and deliver insight and efficiency.
Proven and contemporary methods drive results.
Our strategic Internal Audit sourcing models deliver specialised talent, methodology,
and technology to meet the evolving needs of Internal Audit functions ranging from full outsourced solutions and delivery centres to tactical staff-augmentation.
A fixed assets audit is an essential process that businesses conduct to verify that the fixed assets on their balance sheet are accurately recorded and reported. Here are some of the key importance and benefits of fixed assets audit:
A fixed assets audit ensures that the value of fixed assets on the balance sheet accurately reflects their true value. This helps to ensure that the company’s financial statements are accurate and reliable, which is important for making informed business decisions and meeting regulatory requirements.
A fixed assets audit helps to ensure that the company is in compliance with all relevant regulations and accounting standards. This helps to reduce the risk of non-compliance and potential penalties or fines.
A fixed assets audit can identify weaknesses in the company’s internal controls related to fixed asset management. This provides an opportunity to strengthen controls and processes, reducing the risk of errors and fraud.
Accurate and reliable fixed asset reporting provides management with the necessary information to make informed decisions related to asset investments, capital expenditures, and asset retirements.
A fixed assets audit can help to identify inefficiencies or waste related to fixed assets, such as underutilized assets or assets that are no longer needed. This can help to reduce costs and improve the company’s overall financial performance.
Fixed Asset auditing involves completing a full assessment and evaluation of your fixed assets to ensure you know exactly where everything is and who is using it. Part of this process also involves creating a ‘master asset register’ so you have a place where every single piece of IT equipment your business owns is registered, meaning you can easily keep on top of its location.
Too often in businesses, Fixed Asset auditing gets left to one person who already has another full-time job. As a result, it can be neglected and forgotten about. However, outsourcing your IT hardware auditing is more cost-effective for any organisation. Even though you’ll be spending more by hiring a third-party company like Precision Neo Management to come and do it for you, you’ll save money by running an analysis and locating every piece asset your business owns. It’ll prevent theft and stop you from accidentally purchasing equipment you already have sitting in storage. That’s not the only way running regular IT hardware audits will benefit your company. We’ve put together a list: