Physical Verification of Assets and Inventories
We match, verify, and reconcile your assets and inventories, to ensure accuracy and give you complete confidence in your records.
Our Physical Verification Services
Inventory Verification
Physical verification of inventory is essential for companies that want to prevent stock losses due to theft, mismanagement, or misreporting.
Fixed Asset Verification
Physical verification is essential for companies that own a significant number of fixed assets, such as land, buildings, machinery, and equipment.
Physical Stock-Taking
Physical verification involves inspecting and counting assets to ensure they are correctly accounted for and accurately valued.
Capitalization & Asset Register Matching
Keeping correct and updated records of asset/inventory are crucial for tax reporting, insurance claims, and financial reporting.
Customized Reporting & Exception Highlighting
This process helps identify discrepancies in the records and ensures that the assets are used efficiently and effectively.
Our Verification Process
Simple, Structured, and Reliable
1
Pre-verification Planning
This involves understanding and identifying the fixed assets/inventories to be verified, setting a timeline, and assigning responsibilities. The planning phase should also consider any challenges or constraints impacting the verification process.
2
Physical Counting
This involves verifying the assets' quantity, condition, and location against the records. Training personnel who can conduct the physical counting accurately is essential.
3
Tagging & Labelling
It is important to label or tag each asset with a unique identifier during the physical counting process. This helps in tracking the asset during subsequent stages of the verification process.
4
Reconciliation
The next step is to match and reconcile the physical count with the records once the physical counting is complete. Any discrepancies between the physical count and the records must be identified and investigated.
5
Documentation
Accurate and detailed documentation of the physical verification process is crucial. This includes preparing and recording the physical count, tagging and labelling information, and any discrepancies found during the reconciliation process.
6
Reporting
Finally, a comprehensive report should be prepared to detail the results of the physical verification process. This report should include any discrepancies found, their causes, and recommendations for corrective action.
About Us
CWC India | Evaluex Management Services Pvt. Ltd. is a trusted verification and assurance firm having 25+ years of experience.
Since 2001, we have been supporting various businesses in India and other parts of the world with accurate physical verification of assets and inventory. We do physical verifications of fixed assets and stock to make sure the actual quantity, condition, and location match your records.
Our team handles end-to-end stock-taking, tagging, and asset register matching to maintain complete accuracy. We identify shortages, excess stock, missing items, and reporting gaps before they lead to financial loss or compliance issues.
With proper reconciliation and clear exception reporting, the internal controls are strengthened and the records become better reliable. This helps businesses to be audit-ready, protect resources, and make smart decisions on the correct numbers.
Who We Work With
Healthcare / Hospitals
Telecom
DTH / Media & Entertainment
Hospitality / Airport Services
Infrastructure (Airports)
Banking & Financial Services
FMCG / Diversified Conglomerate
Manufacturing / Chemicals (Synthetic Rubber)
Automotive Manufacturing
Auto Components Manufacturing
Industrial Safety Equipment Manufacturing
Manufacturing / Trading
Oil & Gas (Refining & Retail)
Oil & Gas (Petroleum)
Mining / Coal
Automotive Testing & Certification / R&D
City Gas Distribution / Energy
Hydropower / Renewable Energy
Power Generation / Utilities
E-commerce / Quick Commerce
B2B Commerce / Supply Chain / Fintech
Logistics / Supply Chain
Social Media / Tech Platform
Media & Broadcasting
