Global Reach & Local Services
We operate globally through our associate offices in
Africa, Asia, Europe and Middle East.
An Asset Register is typically a detailed list of assets, including physical items like property, plant and equipment (fixed assets) that belong to an accounting entity, such as a company, business or organization.
The major purpose of Velosi's Asset Register is to enable an organization to accurately record and maintain both financial and non-financial information pertaining to each asset, in order to efficiently identify and validate an asset when needed.
Benefits of Asset Register:
- Able to feed into an asset integrity management system which encloses information about the maintenance schedule of that particular asset.
- Allows organizations to plan for replacements conveniently.
- Acts as a record for auditors and insurance claims.