Asset control constitutes a set of essential actions for the correct measurement of an organization's asset composition, allowing the identification of potential risks and allowing the adoption of effective measures to remedy them. Even so, many companies seek to structure their asset base only after having their financial statements backed up by independent external auditing.
A revised or modified opinion of the auditors regarding the financial statements may entail contradictions for the company, whether financial, caused by greater difficulty in obtaining credit or distancing itself from investors, or even reputation, for example.
A TATICCA Allinial Global Brazil offers several solutions related to the practice of controlling fixed assets and materials in stock, always adapted to the needs and objectives of each client. Among our services aimed at asset control, we highlight:
Inventory and physical identification of assets With the use of different technologies, such as barcode identification, QR Code or radio frequency, we adopt the most appropriate approach to each client, seeking to provide complete, accurate and effective control, simplifying the asset tracking chain and its management process. The inventory activity is complemented by the physical and accounting reconciliation service, where the inventory list entries are linked to their respective source accounting records. We take advantage of asset control work to correct weaknesses in the asset base structure and implement improvements, such as the compounding of machines and equipment according to the useful lives of their main components, for example.
Review/Definition of internal control policies With clear and objective work instructions, definition of the liability matrix, and the redesign of the process flows applicable to each of the stages of the asset life cycle, internal control policies guarantee greater reliability to asset base information, mitigating inconsistencies and providing elements for more assertive management, ensuring the perpetuity of the asset control work carried out.
Study of lifespans and remaining lifespans It makes it possible to adequately measure the longevity of assets, which, in addition to being essential for the preparation of maintenance plans, replacement policies and the improvement of the supply of future investments, also allows the convergence of accounting depreciation rates with the technical useful lives of the assets.
Valuation of assets for various purposes Guided by the Brazilian Valuation Standard NBR 14,653 of the ABNT, accounting pronouncements and best market practices, our analyses value completeness and technical soundness in the valuation of movable, immovable or biological assets, for the most diverse purposes: purchase price allocation (PPA Purchase Price Allocation ), asset recoverability test (Impairment Test ), guarantees, management purposes for decision-making, renewal of insurance policies, and regulatory compliance in accordance with the regulatory resolutions of the main Regulatory Agencies.
With its own offices distributed in 9 Brazilian cities, TATICCA has a specialized team of consultants, composed of professionals active in providing technical support to auditing teams. We are able to assist your company in the control and valuation of your assets, offering works that value technical robustness, quality of deliverables and respect for best practices, taking due care with due rigor of all relevant audited aspects of fixed assets. Contact us and ask us for a proposal.
Access our website and learn more about these and other services offered by TATICCA.
Na TATICCA Allinial Global Brazil we offer a wide range of services related to the valuation and control of assets and materials, such as the physical inventory of fixed assets and inventories, the study of useful lives and asset valuations for various purposes. We strictly follow the regulatory bases and the best market practices, valuing quality, technical soundness and professional ethics. And yes, at TATICCA we take care of your project down to the smallest details, with the seriousness and attention it deserves. Ask us for a proposal.
Jackson Martins — Asset and Materials Assessment and Control Solutions Partner
Contact TATICCA, which provides integrated auditing, accounting, tax, corporate finance, financial advisory, risk advisory, technology, business consulting and training services, for more information, at www.taticca.com.br or e-mail taticca@taticca.com.br and learn more. Our company has professionals with extensive experience in the market and has certified methodologies for carrying out activities.
