Existence Assertion Audit Checklist Form

Existence Assertion Audit Checklist Form
Complete the Existence Assertion Audit Checklist Form to verify the presence and status of key assets and controls.
Physical inventory items are present and accounted for.
All fixed assets are located and tagged.
Inventory records match physical counts.
No obsolete or excess inventory identified.
All assets are properly secured and accessible only to authorized personnel.
No unrecorded assets or liabilities detected.
Supporting documentation for all recorded assets is available.
All asset transfers and disposals are properly documented.
Review findings or observations (optional)
Auditor's name
Should be Empty: