Stock Audit

Stock Audit Services for Inventory Accuracy

At BCS, we provide independent and systematic stock audit services designed to verify physical inventory, assess stock valuation, and detect anomalies or discrepancies. Our audits help organizations strengthen internal controls over inventory, comply with statutory and lender requirements, and minimize pilferage or mismanagement.

Whether you operate warehouses, manufacturing facilities, or retail outlets, our tailored approach ensures that your stock records are accurate and aligned with financial reports. We bring clarity and transparency to your inventory position and deliver detailed audit insights for better decision-making.

Stock Audit Process

Our structured 5-step approach ensures transparency and reliability.

1. Scope Definition

Understanding client inventory type, locations, and expectations.

2. Physical Verification

On-site stock counting and physical matching with system records.

3. Valuation Analysis

Checking pricing methods (FIFO, weighted average, etc.) and valuation accuracy.

4. Reconciliation

Reconciling physical and book stock, highlighting shortages or excesses.

5. Audit Report

Issuing comprehensive audit report with observations and corrective actions.

Documents Required for Stock Audit

Please keep the following documents ready for the audit:

• Inventory registers and stock ledgers
• Purchase and sales records
• Stock valuation statements
• Warehouse-wise stock report
• Goods-in-transit details
• Stock movement records (inward/outward)
• Previous audit reports (if any)

Ensure Inventory Integrity with Confidence

Connect with our experts to conduct a transparent and effective stock audit.

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