2. Presentation Outline
DISCUSSION POINTS
About Assertive
What Is Physical Inventory
The Benefits of Physical Inventory
What Should Be Accounted For
How Assertive Conducts Physical Inventory
Contact Us
3. About Assertive
A BRIEF BACKGROUND
Assertive Industries (AI), serves our client's asset management, property
valuation, and tax compliance, transportation and logistics and business
advisory needs. AI is the U.S. member firm of AI Holdings Group, Inc. AI
is a global network of professional firms providing Audit, Property
Valuation, Transportation and Logistics, and Advisory services. We
operate in 75 countries and have more than 3,500 people working in
member firms around the world.AI delivers a globally consistent set of
multidisciplinary services based on deep industry knowledge. Our
industry focus helps AI professionals develop a rich understanding of
clients' businesses and the insight, skills, and resources required to
address industry-specific issues and opportunities.
4. Companies need fixed asset
physical inventory audits to
accurately report their financials,
minimize personal property taxes
and streamline their operations.
TIMOTHY KEPHART
5. Physical inventory is the the actual count of products and items a
business stocks and/or owns. The general process includes
separating, counting and recording the count of all items in the
inventory. Physical inventories are a tedious but necessary task
and provides several benefits for your business.
What Is Physical
Inventory
6. The Benefits of
Physical
Inventory
Performing a physical inventory also enables companies to properly evaluate
stock and can help you determine information such as; what is still useful, how
much longer will it be useful for,what equipment needs to be replaced and how
soon it will need to be replaced.
Many companies pay personal property taxes on equipment they no longer own,
or have records of. Physical inventory audits help companies save money on
taxes.
Property records and any related financial documents should match up with the
physical stock on hand.
STREAMLINE OPERATIONS
MINIMIZE PERSONAL PROPERTY TAXES
ACCURATELY REPORT FINANCIALS
7. What Should Be Accounted
For?
Computer and
Office
Equipment
Raw Materials
Manufacturing
and Factory
Equipment
Server Rooms
IT Assets Vehicle Fleets
Healthcare and
Hospital
Equipment
Warehouse
Inventories
Plants/Operations
9. Using our PeerFA
system, we are able to
help corporations from
all over the world track
and control their fixed
assets, capital
equipment, and
warehouse inventories
through bar-code
technology.
10. At Assertive, we have
specially trained teams and
project managers that have
managed inventory counts
for some of the largest
companies in a variety of
industries.