Details

Stock audits help verify the accuracy of recorded inventory against physical stock and identify discrepancies that may arise from shrinkage, damage, slow-moving items, or control gaps. These audits are essential for improving working capital efficiency and ensuring reliability in financial reporting.

We conduct detailed stock audits and provide insights to enhance warehouse controls, procurement planning, and inventory turnover.

Scope of Audit

• Physical verification of stock at warehouses, retail outlets, or production units

• Inventory reconciliation with ERP/ledger records

• Identification of pilferage, obsolescence, and aging stock

• Review of storage conditions and SOP compliance

• Verification of GRN, stock issuance & cycle counting procedures

Industries We Support

• Manufacturing and distribution companies

• Retail chains and e-commerce sellers

• Warehousing and logistics businesses

Documents / Inputs Required

• Inventory records and stock ledgers

• Access to ERP / stock management systems

• Stock movement documentation (GRN, issue slips etc.)

Deliverables

• Stock Audit Report with variance analysis

• Recommendations for control improvement

• Loss minimization and efficiency enhancement suggestions