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Avows corporate asset verification involves lining up all the assets specifying the places where the assets are held and the ones responsible for the provides:

  • A true and fair statement of fixed assets.
  • An updated FAR.
  • Results in better internal control and accountability.
  • Audit compliance.
  • Better and simpler decision-making process.

To such a degree it aids to present a true and fair financial position of a firm, and know the profitability level and future prospective of a firm.