Veri Asset is built for clean audits: PFMA and MFMA alignment, Modified Cash Standard and GRAP disclosure, immutable audit trails, and AG-SA reviewer access.
Veri Asset's data model, workflows, and reports are designed around the South African public-sector compliance stack.
Disposal proposals require PFMA references and accounting-officer approval. Asset-not-found investigations and impairment reviews maintain a full audit trail.
Section 14 disposal procedure for non-current assets is reflected in the disposals workflow with municipal-manager sign-off.
National and provincial entities get MCS-aligned register fields, depreciation defaults, and disclosure templates.
GRAP 17 (Property, Plant and Equipment), GRAP 21 / 26 (impairment), and the GRAP Reporting Framework drive the impairment, depreciation, and PPE disclosure flows.
Issue time-bound, read-only access grants to the Auditor-General. Every change is logged and historical financial values are preserved.