Free Accounting Asset Verification Form Template
Accounting Asset Verification Form
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Date |
Department |
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Location |
Verifier |
Instructions: Verify each asset listed against physical inspection and accounting records. Note any discrepancies in asset description, condition, location, or valuation. Provide comments on any discrepancies or additional observations. Sign and date the form upon completion.
|
Asset ID |
Asset Description |
Location |
Recorded Value |
Verified Condition |
Comments |
|
001 |
Laptop Computers |
HQ Office |
$20,000 |
Good |
None |
|
002 |
Office Furniture |
HQ Office |
$15,000 |
Fair; wear noted |
Wear greater than expected; suggest value reassessment |
Total Recorded Value: $165,000
Total Verified Value: $164,000 (pending reassessment of Office Furniture)
Verifier's Comments
The overall condition of assets is satisfactory. The discrepancy in the condition of the office furniture suggests a need for reassessment to align the book value with the current market value, potentially adjusting for increased depreciation.
Action Taken
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Verifier's Signature:
Date: [Month Day, Year]
Department Head Signature:
Date: [Month Day, Year]
