Did You Know? 30% of Companies Experience Asset Discrepancies Due to Inaccurate Records.

Managing your company’s fixed assets isn’t just about keeping track of what you own—it’s about knowing the true value of your investments, ensuring accurate financial reporting, and avoiding costly discrepancies. At Ajay Kumar & Associates, we specialize in fixed asset audits, including physical verification and technology-driven asset tracking, to help you stay on top of your assets and maintain financial integrity.

Why Fixed Asset Audits Matter:

• True Value Assessment: Over time, assets depreciate, get misplaced, or become obsolete. A thorough audit helps you understand the actual value of your assets, so you can make informed financial decisions.

• Accurate Reporting: Keeping your asset records accurate and up-to-date is crucial for financial reporting and compliance. No more guessing—just solid, reliable data to help you report with confidence.

• Risk Reduction: Undetected discrepancies can lead to significant financial losses. Regular audits help you identify and address these issues before they turn into costly problems.

What We Offer:

• Comprehensive Audits: We go beyond the numbers. Our team physically verifies and tags each asset, using a custom app to track and map your assets with precision, ensuring that your records match reality.

• Advanced Technology: We use a custom-built app that enables real-time asset tagging and remapping, allowing us to track assets more efficiently and provide you with up-to-the-minute data on asset utilization.

• Customized Solutions: Every company’s asset management needs are unique. We tailor our audit processes to fit your specific requirements, ensuring that you get the insights that matter most to you.

• Enhanced Compliance: With accurate records and verified assets, you can confidently meet regulatory requirements and avoid potential fines or penalties.

• Strategic Insights: Our audits don’t just tell you what you have—they help you plan for the future. Whether it’s deciding on asset replacement, sale, or investment, we provide the data you need to strategize effectively.

Real Impact:

One of our clients was only utilizing around 15% of their fixed assets. The rest were either unaccounted for or underutilized. We conducted an extensive fixed asset audit that involved not only physically verifying the assets but also tagging them using our custom app to track them efficiently.

But we didn’t stop there. We went above and beyond, conducting a purchase reconciliation audit of the company’s assets, tracking purchases and asset acquisitions going back 25 years. The results? We uncovered assets that had been written off, underutilized, or misplaced, correcting their entire asset register and restoring financial integrity. This deep dive helped the company recover millions in underutilized resources, giving them the insight to plan better asset allocation and drive future growth

Ready to Get a Clear Picture of Your Assets?

Don’t leave your asset management to chance. At AKA, we help you verify, track, and manage your assets with confidence. From asset tagging and physical verification to comprehensive audits and strategic insights, we’ve got you covered.

Let’s connect to discuss how we can support your fixed asset audit needs.