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HRBD runs the register as a managed service. An HRBD team visits each site, checks every asset against the register, fixes a unique tag to it and records its location, condition and custodian. The register is then reconciled line by line with the fixed asset account in the ledger.
After handover, HRBD keeps the register current as assets change. New purchases are added when invoices are booked, transfers between sites are logged, and disposals are recorded with the approval that authorised them, so the next audit or funding request starts from a clean list.
HRBD builds a fixed asset register with category, cost, date, location and custodian, then reconciles it to the ledger.
HRBD teams count assets site by site, compare each with the register, and report items missing, idle or unrecorded.
Each verified asset receives a unique tag number linked to its register line, so later counts and transfers are quick to trace.
Sales, scrapping and write-offs are recorded with the approval that authorised them, so each asset leaves the register cleanly for audit.
Laptops, servers and network equipment are listed with user, serial number and warranty, and updated when staff join or leave the company.
HRBD prepares book depreciation under company policy and a separate tax schedule under the Third Schedule allowances each year.
Subsidiaries, joint ventures and branch offices holding assets in Bangladesh. HRBD keeps the register in the name of the Bangladesh entity, reconciles it to the local ledger, and prepares an asset schedule for group reporting.
Factories and exporters with plant, machinery and vehicles spread across several sites. HRBD verifies and tags assets site by site, records a custodian for each line, and keeps one register for the audit, the insurer and the bank.
Local companies moving from a spreadsheet to a proper asset register for the first time. HRBD builds the register from purchase invoices and a site count, sets the asset categories, and hands over a list the auditor can check line by line.
One named HRBD register owner is responsible for the record from first scope to handover, signs off every verification report and answers every auditor query on the register.
Every register is kept for the Bangladesh entity under Bangladesh rules. Tax depreciation follows the Income Tax Act 2023, and book records follow the agreed audit policy.
Asset lists, locations and values go only to the auditors, lenders and valuers the company names in writing, and HRBD logs each release so the company can see who received what.
The same register owner keeps the record current after handover, so additions, transfers and disposals are logged by someone who already knows the company and its sites.
| Record HRBD keeps | Auditor uses it to | Lender uses it to |
|---|---|---|
| Fixed asset register | Test additions, disposals and closing cost | See which assets are owned and free to pledge |
| Verification report | Confirm assets exist and match the books | Confirm the security is on site |
| Tag and location list | Trace a sample asset to its site | Inspect pledged assets during a site visit |
| Depreciation schedules | Check book depreciation against company policy | Read net book value beside the valuation |
| Disposal records | Verify approvals for sales and write-offs | Confirm pledged assets have not been sold |
Borrowers pledging plant, vehicles or property start the security case from a verified list the lender can check.
For working capital funding, a reconciled register keeps the fixed asset figure consistent with what the lender sees at the site visit.
Auditors test additions, disposals and depreciation each year, and a reconciled register answers those tests from records.
Tax depreciation follows the Third Schedule allowances, so HRBD keeps book and tax schedules side by side.
