Industrial Consultancy

Asset Register Reconciliation

Best Asset Register Reconciliation Services in Dubai

Land Sterling offers asset register reconciliation services where we conduct a thorough overhaul of an existing asset register using asset verification and reconciliation exercises.

Our asset register reconciliation services are meant to help asset owners satisfy internal and external auditors. With services including audit and verification of asset registers, we aim to facilitate the audit processes conducted by official authorities.

We put together a fixed assets balance on the balance sheet and the fixed asset register and compare them to see if they are correct and agree with one another.

What is Asset Register Reconciliation?

Asset Register Reconciliation involves the overhaul of an existing asset register through a vigorous asset verification and reconciliation exercise.

Audit and verification of asset registers to satisfy both internal and external auditors
Reconciliation of asset values to carrying values for impairment testing to satisfy financial
reporting requirements
Purchase price apportionment upon acquisition of another company to declare
Fair Value of acquired assets and avoid inheriting poor asset registers
Establish an accurate asset register, which future asset management systems can adequately maintain.

Why Choose Our Asset Register Reconciliation Services?

Reconciliation is the process of matching two different data sources to ensure that the data is accurate and free of discrepancies. With our asset register reconciliation services, we compare assets with the asset register to determine whether both entities agree, or not.

12+ Years of Industry Experience

Land Sterling has been a part of the real estate industry for over 12 years. Through our years of service, we have developed a comprehensive approach for conducting accurate asset register reconciliation. We offer our services to all industries in UAE for asset register reconciliation needs.

RICS-Certified Surveyors

Land Sterling has a team of RICS-certified professionals who use their extensive industry experience to conduct asset register reconciliation on your behalf. Our services can help asset buyers get a fair value for asset purchases and avoid getting a bad asset register as a result of a deal.

10,000+ Project Completed

Our confidence is backed by our practical industry experience. Having worked on 10,000+ real estate investment and development projects, we accumulated enough experience to handle complicated real estate endeavors with a 100% success rate.

Best Asset Register Reconciliation Services in Dubai, UAE

Land Sterling takes pride in delivering unparalleled quality services. We offer asset register reconciliation to ensure that you have all the details regarding your assets at your fingertips. We handle the asset register reconciliation process for you so that you don’t have to worry about handling these nuances yourself.

Contact Land Sterling right now to get a free quote for our asset register reconciliation services in Dubai, UAE.

FAQs

What is an Asset Register in accounting?

An asset register is a detailed list of all the assets of a business. This list contains every asset that a business owns including buildings, equipment, fleets, and more.

Why is it important to keep an asset register updated?

An asset register is an important file that contains all the information regarding the assets that a business owns. These details include asset status, procurement date, price, depreciation, and the current value of the asset. This information proves to be helpful during asset register reconciliation and other internal and external audits.

Why is asset register reconciliation important for businesses?

Asset register reconciliation ensures that you have an idea about the asset outlay for your business. You can use the information at your disposal to make future investment decisions in terms of acquiring more assets. The asset register reconciliation helps improve a company’s securities and promotes a swift expansion.