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Stock Audit Services for Audit Remediation
The objective of a stock audit program is to ensure the existence, accuracy, and ownership rights and to verify the realizable value of the items in the company’s inventory. The accurate accounting of inventory is also essential to a robust bookkeeping system and MIS reporting. Since the inventory has a lot of movement during business days, the process of routine physical verification needs proper planning, resource mobilization, and expertise.
Our team of experts can assist you in inventory audit and verification and provide more insights into your stock, along with a proper reconciliation of existing stock records. Through our inventory verification and valuation services, we can identify the excess or shortage of materials in stock and identify any old or damaged materials in inventory. Efficient stock audit services help the management get better internal control of the inventory counting process, without disturbing the regular workflow, and reduce wastage and losses arising due to fraud or damage.
Stay one step ahead in a rapidly changing world and build a sustainable future with us.
March 23, 2023
March 16, 2023
March 09, 2023
February 23, 2023