Why Stock / Inventory Audit matters
For a manufacturing or trading business entity, inventories are usually important and material items in the financial statements. Adequate controls over inventory, an independent check by an external professional firm, and review of the inventory valuation and recording system are therefore very important. Further, these assets are commonly hypothecated to banks as security for various forms of loans — making it essential for banks to have audit checks on the borrower’s inventories in line with RBI and the bank’s internal guidelines.
How we deliver Stock Audits
Our firm, with qualified Chartered Accountants and experienced professionals, provides Stock Audit services in accordance with generally accepted auditing principles.
Talk to a partner.
A 30-minute call with a partner — no deck, no follow-up email blasts. Just a read on whether we’re the right team to handle your stock / inventory audit.