ProcurePulse
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 Fortune 500 industrials since 1999, 2M+ assets under management, VTR physical verification delivered on-site across India, UAE, Philippines, and the UK.

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