Title Page

  • Client / Site

  • Location
  • Conducted on

  • Prepared by

Verification of Fixed Assets Controls

  • The organisation has an up-to-date record of fixed assets

  • Fixed assets are reviewed on a regular basis to ensure that they continue to be of use to the organisation and are in good working condition

  • Portable fixed assets are stored securely when not in use

  • Information and communications technology devices and other equipment provided to employees and volunteers are tracked and accounted for

  • Only authorised employees and volunteers are allocated keys to the organisation’s buildings and offices

  • The organisation’s buildings and offices are secured after office hours

  • Access to the organisation’s buildings and offices after office hours is for authorised employees and volunteers only

  • An appropriate level of insurance cover is in place to cover fixed assets

  • Depreciation charges are calculated and reviewed prior to annual audits

  • Purchases of capital items are made in accordance with the organisation’s procurement policy and payment procedures

  • Rental properties and leases are in the name of the organisation and not in the name of individual directors or employees

  • Auditor's full name and signature

The templates available in our Public Library have been created by our customers and employees to help get you started using SafetyCulture's solutions. The templates are intended to be used as hypothetical examples only and should not be used as a substitute for professional advice. You should seek your own professional advice to determine if the use of a template is permissible in your workplace or jurisdiction. You should independently determine whether the template is suitable for your circumstances.