Audit process
A clear path from register extract to findings memo — designed for manufacturing SMEs who need results before year-end or a lender review.
Clouddex engagements are professional audit reviews, not a self-serve software subscription. We work from your books, invoices, and floor access. Below is the standard sequence for a Fixed Asset Register Audit; depreciation and capex engagements follow the same intake and close pattern with different fieldwork.
What we need before kickoff
| Input | Why we ask | Typical format |
|---|---|---|
| Register extract | Cost, accumulated depreciation, location, useful life | CSV or spreadsheet export |
| Trial balance tie | Confirm the register agrees to the ledger | Year-end or period TB |
| Sample invoices | Evidence for material additions | PDF or accounting system links |
| Site access window | Floor verification of high-value lines | Half-day or full-day slot |
| Capitalisation policy | Test practice against written rules | Policy PDF or memo |
Engagement steps
Intake and scoping call
We confirm entity structure, year-end timing, register size, and whether lenders or external accountants are waiting on the pack. You leave with a written scope and informational fee range.
Desktop reconciliation
We map the register to the ledger, age material lines, and build a verification sample before anyone walks the floor.
Floor verification
On site at your plant — including manufacturers near South Ballina and across regional NSW — we confirm existence and condition for sampled assets with your operations contact.
Findings and remediation backlog
You receive a plain-language memo, a reconciled extract, and a prioritised list of ghost assets, missing evidence, and life adjustments for finance to action.
Accountant handoff
Optional walkthrough with your external accountant so year-end or lender questions start from evidence, not archaeology.