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Physical Stock Verification: We conduct physical inspections and count of stock to ensure accurate representation of inventory
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Stock Reconciliation: We reconcile the physical stock with the recorded stock in the books of accounts to identify any discrepancies or variances.
Stock Valuation: We determine the value of stock based on valuation methods and assess the accuracy of stock valuation in accordance with applicable accounting standards.
Documentation Review: We review stock-related documentation, including invoices, purchase orders, delivery challans, and stock movement records, to ensure proper documentation and compliance.
Stock Control and Management: We evaluate the effectiveness of stock control measures, stock management practices, and suggest improvements for efficient stock management.
