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Rule 213(1) of GFR 2017 PROFORMAA ALL INDIA INSTITUTE OF MEDICAL SCIENCES ANSARI NAGAR, NEW DELHI29. ASSETS VERIFICATION REPORT FOR THE YEAR 202324 1. Name of the Department/Section___ Date of Inspection from___to___ Name of the Stores Clerk or person who is handling the Stores. Name of the Officerincharge of the Stores Format in which departments are asked to prepare their assets list is enclosed.The details of all kinds of Assets physically available in Centre/Department/Section/Unit stands
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01
Gather necessary forms and documentation required for the annual physical verification.
02
Review the previous year's physical verification results for any noted issues.
03
Schedule an appointment with a healthcare provider for the annual physical exam.
04
Complete any pre-exam requirements, such as fasting or completing health questionnaires.
05
Attend the scheduled appointment and undergo the physical examination.
06
Discuss the findings with the healthcare provider and ask about any follow-up tests or actions required.
07
Submit the completed physical verification form to the appropriate department or authority.

Who needs annual physical verification of?

01
Employees in organizations that require annual health checks.
02
Individuals in certain professions, such as pilots or drivers, where regular health verification is mandated.
03
Students in educational institutions, particularly for sports or physical education participation.
04
Members of insurance programs that require annual check-ups to maintain coverage.
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Annual physical verification refers to the process of confirming the existence and condition of physical assets, such as inventory or equipment, within an organization on a yearly basis.
Typically, organizations and businesses that manage physical assets or inventory are required to file annual physical verification reports, including retailers, manufacturers, and service providers.
To fill out an annual physical verification report, gather relevant data about physical assets, conduct an actual count or inspection, record discrepancies, and complete forms as per the organization's guidelines or regulatory requirements.
The purpose of annual physical verification is to ensure the accuracy of asset records, reduce discrepancies, maintain accountability, and enhance financial reporting by confirming that reported assets match actual holdings.
Information that must be reported includes descriptions of the assets, quantities, physical conditions, locations, discrepancies noted, and any other relevant details that reflect the current status of the assets.
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