American Appraisal
 
  • Login|
  • Contact Us|

  United States

Share

Fixed Asset Inventory & Reconciliation Services


The path to transparency begins with an accurate inventory of your assets.


The move toward 360° asset visibility
Does your existing fixed asset accounting record accurately reflect the physical reality of the assets upon which your enterprise depends? Inaccurate records can blindside you and your organization—heightening strategic, financial and operational risk.

The need for accurate data is now being driven by the multiplicity of regulatory changes and related reporting requirements, all of which require moving towards 360° asset visibility. The path to transparency begins with an accurate inventory of your assets. As simple as that sounds, maintaining a reliable fixed asset inventory is a challenging, labor-intensive task for any enterprise—public or private.

American Appraisal is here for you
While other consulting firms have downsized their fixed asset capabilities, relying instead on subcontractors and staff members who are more customarily involved in other consulting activities, American Appraisal has continued to develop this area of its expertise.

Industry expertise

Our best practices have evolved over eight

decades, thousands of engagements and across virtually every sector of the economy, both public and private. We offer incomparable specialization in manufacturing, higher education, healthcare and all levels of government.

Resources to act fast

American Appraisal, the world’s only truly glocal valuation firm™, is comprised of 900 employees, operating from offices strategically situated throughout Asia-Pacific, Europe, and North and South America.

Our dedicated fixed asset Consultants, a global team comprised of more than 100 seasoned professionals, stand ready—no matter what business you’re in or where your assets are located.

What would you like to see today?

 

Public and private sector Clients can have different fixed asset inventory and reporting challenges; however, both rely on accurate information toaccount for, control and manage their real and personal property assets.

I want to see if I’m missing anything obvious.

American Appraisal routinely performs detailed

diagnostic studies, a low-cost way of finding out if your fixed asset accounting records are adequate. If a problem exists, we recommend the appropriate path, which can range from a limited study to confirm the continued existence of a small sample of your fixed assets to an exacting wall-to-wall physical inventory and reconciliation of the assets to your fixed asset accounting ledger.

I want to see how my assets are being used and who is using them.

Our fixed asset inventory & reconciliation service provides a wall-to-wall inventory of all fixed assets to ensure they are properly captured on

your accounting records, assistance in identification of those assets which are no longer on hand (unrecorded retirements) and validation of the historical book value of assets for use on financial statements. All assets can be tagged with a bar code to facilitate tracking and to simplify subsequent inventory verification.

I want to see numbers that do not raise

red flags.

The one universal truth about fixed asset accounting records is that over time inaccuracies will accumulate, thereby undermining the reliability of

this critical management tool. You invested a significant amount of time, effort and money in the creation of your fixed asset accounting record. American Appraisal can help you perpetuate that investment through the provision of fixed asset outsourcing services.

I want to see forward-looking views

and what-if analyses.

American Appraisal maintains an

IT consulting staff dedicated specifically to fixed asset management services, such as data and software conversions, as well as provides

Clients with access to their data via the internet. Our proprietary ePRAIS system is audited annually by PricewaterhouseCoopers in accordance with Statement on Auditing Standards (SAS) No. 70.

Other services

In addition to the fixed asset inventory & reconciliation services described above, American Appraisal also offers useful life analyses, cost segregation studies, property management diagnostic consulting and

property insurance valuations.

These services are designed to address

financial reporting and property management standards, income and property tax issues, as well as regulatory compliance, including Sarbanes-Oxley and various Office of Management and Budget Circulars.

 

 

 

 

Click to open PDF