Auditing tangible non-current ets?

I can only think of the ertion of valuation, in case the purchase was not approved at the right level and the company has ets which do not comply with company policy, e.g. the accounts clerk may have ordered a nicer chair than even the one that the CEO is sitting on. Valuation can mean too high or too low. Tying up funds in too much fixed ets takes funds away from other uses. If the fixed ets value as a percentage of total ets is too high, it could be a sign that everyone is putting in requisitions for all kinds of assets and scrapping used ones unnecessarily. That's why all approvals have to be centralised in a person or dept designated for this purpose.