Preparation of Fixed Assets Register
The preparation of the fixed assets register must be maintained under the Companies Audit Report Order (CRAO), 2020. Besides this, it is relevant for:
- Entities that want an integrated management of fixed assets from record to retire cycle through software.
- New Capex i.e. New factory/ New Hotels/ New offices/
- Entities who had done significant expansion/ upgrade in business facilities.
- Existing entities having fixed assets management-related issues.