Fixed Assets Register Reconciliation (FARR): Control over your fixed assets
Many organizations operate with an outdated or incomplete fixed asset register, which can lead to unreliable reporting, tax risks, and insurance errors. A Fixed Assets Register Reconciliation (FARR) restructures and validates fixed asset administration. By reconciling the fixed asset register and linking it to the maintenance management system, a single, integrated, and up-to-date overview is created. This provides better insight, demonstrable compliance, and a solid foundation for well-considered investment decisions.
FARR: the basis for a clean, up-to-date and reliable fixed asset register.
From cleansing data to reliable data
Troostwijk supports organizations in cleaning up, auditing, and improving their fixed asset registers. We identify unclear, duplicated, or fully depreciated assets, visualize impairments, and strengthen the data integrity of asset administration. The result is a reliable and future-proof fixed asset register that meets reporting and audit requirements and directly contributes to improved financial and operational management.
Independent and objective
We assess your fixed assets without conflicts of interest—only your interests matter.
Reduced risks, improved transparency
A clean registry prevents financial, tax, and legal complications.
Improved ROI & Reporting
Updated assets increase the reliability of your financial reporting.
Can be combined with valuations
FARR can be combined with an insurance valuations of buildings and inventory.
We determine the objective of the FARR assignment in consultation, including the financial scope and lead time.
We follow a fixed structure: Kick-off → Preparation → Data Inventory → Physical Control → Reporting.
We carry out FARR projects in various sectors: industry, government, healthcare, education and non-profit.
Want more control over your fixed assets and reduce risks? With FARR from Troostwijk, you choose certainty, insight, and reliability.
