Fixed Assets Audit Template

• Client / Site

• Location
  Address

• Conducted on

  Date

• Prepared by

Fixed Assets Policy and SOPs

• A clear policy and standard operating procedures regarding handling, and recording of fixed assets are documented.

  Yes

  No

  N/A

• The document includes the personnel responsible including their assignments.

  Yes

  No

  N/A
Fixed Asset

• Asset

• Take a photo of the asset for physical evidence

  Media

• Asset is tagged with asset number?

  Yes

  No

  N/A

• Year of acquisition

• Sufficient description of the asset for identification

• Classification (land, building, equipment, machinery, etc)

• Quantity/no. of units

• Location of asset(s)

• Vendor

• Original cost upon acquisition (per unit) including taxes paid and set-up costs

• Invoice available?

  Yes

  No

  N/A

• Current value (considering depreciation estimates)

• Asset is currently insured?

  Yes

  No

  N/A

• Additional notes

• Auditor's full name and signature

  Sign