Key points of fixed assets audit;

1. Authenticity: Review and confirm whether the sale, scrapping and damage of fixed assets are transferred to fixed assets liquidation for offset; identify investments in other units Check whether the fixed assets transferred out are transferred to long-term investment; find out whether the fixed assets leased for operation increase the fixed assets account of the enterprise.

2. Completeness: Review the situation where completed fixed assets are not carried forward and financial lease fixed assets are not included in the fixed assets account.

3. Ownership: Rented fixed assets of operating leases and financing leases should be distinguished to find out whether the latter has been included in fixed assets accounting; fixed assets mortgaged as debt guarantees should be determined .

4. Valuation: The recorded value of purchased, self-built, investment transfer, financing lease, reconstruction and expansion, donation, and surplus fixed assets should be verified separately; depreciation calculation and accumulated depreciation account balance should be determined in order to determine the correctness of the net fixed asset value.

5. Classification: In addition to reviewing the detailed accounting based on physical form, it is also necessary to identify used, unused and unused fixed assets, operating leased and financing leased fixed assets, depreciation and Not mentioning depreciation of fixed assets, the classification of renovation and expansion expenditures and repair expenditures is correct.

6. Accounting accuracy: Review and confirm the consistency of the fixed assets general ledger, detailed accounts and physical assets, and supervise and inventory fixed assets when necessary.

7. Legality: Review the approval procedures for increases and decreases in fixed assets; ascertain the compliance and legality of the determination of the recorded value of fixed assets, as well as the legality of depreciation methods and their use.

8. Full disclosure: Review and confirm that the accounting statements provide necessary explanations on depreciation methods, increases and decreases in fixed assets, asset lease mortgages, etc.

Fixed assets audit is the audit of the purchase, construction, use, depreciation, actual number, allocation, scrapping and liquidation of fixed assets.

The main contents: (1) Check the rationality and legality of fixed asset acquisition and construction, the source of investment funds, as well as the feasibility and economic benefits. (2) Check the actual cost and present value of fixed assets acquisition and construction. Determine the accuracy of actual costs of fixed assets. (3) Verify the actual efficiency of the purchase, construction and use of fixed assets, and check the actual production capacity and utilization of the purchased fixed assets.

(4) Verify the accuracy of the depreciation of fixed assets and the accrual of depreciation funds. (5) Verify the actual number and ownership of fixed assets. (6) Verify the accuracy of sales, transfers and scrapping of fixed assets. Ascertain the compliance of fixed asset valuation income and clean-up expenses. (7) Investigate and evaluate whether the internal control system for fixed assets is sound and effective.