I'd be interested in getting feedback from other companies with a large number of assets in multiple locations.  How is the fixed asset register audited and how often it's done.  Thanks for your input.     

 The same procedure for one company is done with the other companies. Depending on the auditors objectives, sampling is done using the FAS register and/or the G/L, existence is confirmed by physically checking the asset using the register list and vice versa - picking an asset from the floor and checking it against the register. I am not sure whether this is the answer you are looking for.