Free Resource
The CFO's Guide to Fixed Asset Compliance in India
CARO 2020 · Schedule II · IND AS 16 — what each framework actually demands, the evidence auditors ask for, and a practical readiness checklist.
What's inside
- ✓ CARO 2020 clause 3(i) decoded — the three sub-clauses and the evidence pack auditors expect
- ✓ What "reasonable intervals" means in practice for physical verification
- ✓ Schedule II depreciation: useful lives, components, and the register-level controls that make it defensible
- ✓ IND AS 16 capitalise-vs-expense decisions — including the AMC overhaul trap
- ✓ The ghost asset problem: why unverified registers overstate your balance sheet
- ✓ An 8-point CFO readiness checklist you can run this quarter
Written by the team behind TRAXX and ProcurePulse — serving GE since 1999, 2M+ assets under management, VTR physical verification delivered on-site across India, UAE, Philippines, and the UK.
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