Asset Verification & Inventory Reconciliation services

The fixed asset verification exercise is a methodical procedure of verifying the availability, existence, location, and condition of fixed assets within an organization through physical inspections, evaluation of records, and documentation of discrepancies.

We at Hova Solutions limited, offer comprehensive fixed asset verification and asset inventory reconciliation exercise with robust report at the project end. We have carried out asset verification exercise across over 1000 locations and shall be glad to extend same service to you

Why is asset verification relevant to organizations?

It ensures the accuracy of company’s asset record

It validates the physical existence of assets listed in the company’s fixed asset register.

It validates the condition and maintenance history of assets

It serves as a control measure against theft and misuse of company’s assets thus protecting company’s valuable asset

It helps in accurate financial reporting auditing and compliance with accounting standards

It encourages accurate maintenance record for the asset

It promotes cost control because there will be easier elimination of existing ghost asset and identification of under- utilized or over utilized asset

It helps in determining asset valuation for accurate depreciation

Our Services

Contact

21 Road, I Close Festac Town, Lagos State Nigeria.
09016478303,
08030888368
admin@hovasolutionsltd.com,
projects@hovasolutionsltd.com,
sales@hovasolutionsltd.com

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Asset Verification & Inventory Reconciliation services