Our inventory audit services offer suggestions for the controlling of cost of the stocks of our client's company.

We take full care to provide you with comprehensive and most accurate figures of inventories. During this audit, all the records of purchase, sale and movements of stock is taken carefully.

Advantages:

Stock audit is becoming more important as businesses is becoming multi-location and vendors, dealers, partners becoming a key to the business process. Assets like stock, physical equipments and machinery and even people are located in any of the above premises and a good control mechanism is the need for the smooth running of the business.

Following are the main aspects which are taken care while performing stock audit:

  • Reviewing cut-off procedures and scrutinizing the follow up
  • Verification of physical stocks
  • Verifying stock register
  • Reports on Stock pilferage/damage reports
  • Comparison of Financial Records with others like stock register
  • Reporting on discrepancy
  • Valuation and verification of Stock-in-transit
  • Verification of Stock valuation

 

 

E-2, UG Floor, Arya Samaj Road, Uttam Nagar, New Delhi-110059. Mob: +91-9811034762