Asset Register Solutions

MitchellMunn’s valuers have a long track record of partnering with clients in delivering fixed asset register data management solutions including:

  verification and reconciliation of fixed asset register records

  data cleansing 
  determination of “ghost assets”
  asset tagging

We undertake verification and reconciliations of your fixed asset register to:

  ensure compliance with accounting standards IAS 16 and AASB116 Property, Plant and Equipment
  avoid the “junk-in junk-out” scenario which may damage your business’ profitability through excessive

   one-off or  frequent asset write-downs
  provide a robust and independent Audit process
  ensure greater accuracy in activity based accounting processes (cost centre allocations etc)
  free up your internal resources
  allocate  impairment testing results accurately