iAccount Assets play online

The App helps you in Physical Verification of Assets

Physical verification is the procedure that normally performs by the auditor to confirm the existence of certain physical assets that records in the clients financial statements.

Most of the assets that auditors verified are fixed assets and inventories. The auditor might also use this procedure to confirm the condition of those assets.

The physical verification is normally performed at the year ended or at the end of the report date of financial statements. The full count is performed by the clients delegate staff and observers by auditors.

Physical verification, sighting, or observation of fixed assets are referring to the same procedure being used by auditors to verify the existence and condition of assets.

Auditors also need to review the counting procedures from before count, during the count, and after the count.

Features:
1. New Assets can be added.
2. Assets data can be fetched using QR,
3. Each Asset has its own QR generated,
4. Assets can be searched.