Overview
Stock audits verify the quantity and value of inventory held by a business, ensuring accuracy in financial reporting and better working capital management.
Stock Audit
Benefits
- Accurate valuation of stock.
- Helps detect stock discrepancies or pilferage.
- Improves inventory management.
Process
- Physical verification of stock.
- Reconciliation with stock records.
- Valuation as per accounting standards.
Need a partner you can trust?
Get in touch today for a free consultation and tailored proposal.
Important Audit Resources
Quick access to regulatory bodies and audit-related portals.