Assurance · Inventory & Assets
Stock Audit &
Inventory Verification.
Independent physical verification of inventory and fixed assets. From high-volume warehouse audits to mandatory bank stock audits, we provide accurate, reliable, and independent assurance on your physical assets.
100%
Physical Verification
Bank
Empaneled Audit
Fixed
Asset Tagging
India
Wide Reach
What We Audit
Inventory & Asset Assurance.
Physical Stock Verification
Comprehensive wall-to-wall or sample-based physical counting of raw materials, WIP, and finished goods — comparing physical counts with book records (ERP/SAP).
Bank Stock Audit
Mandatory stock audits for borrowers having CC/OD limits — verifying the security against which loans are granted, ensuring accurate drawing power (DP) calculations.
Fixed Asset Verification
Physical verification of Plant & Machinery, IT assets, and office equipment. Matching physical assets with the Fixed Asset Register (FAR) and identifying missing or obsolete assets.
Inventory Reconciliation
Identifying and investigating variances between physical and book stock. Adjusting for transit stock, sales returns, and identifying systemic causes of inventory leakages.
Warehouse & 3PL Audit
Auditing stock held at third-party logistics (3PL) providers or remote warehouses — verifying custody, storage conditions, and record-keeping accuracy.
Asset Tagging & Tracking
Assisting companies in physical tagging of assets with bar codes or QR codes to enable automated tracking and future verification cycles.
Value Proposition
Why Physical Verification Matters.
Physical assets often represent the largest component of an Indian company's balance sheet. Reliance on book records alone is a significant financial risk.
Prevention of Leakage
Regular stock audits identify pilferage, damages, and obsolescence early — preventing significant year-end write-offs and improving the accuracy of gross margin reporting.
Statutory & Bank Compliance
Auditors are required to comment on physical verification of inventory under CARO 2020. Banks require periodic stock audit reports to maintain credit facilities. We ensure you are always compliant.
Common Questions
Stock Audit FAQ.
While statutory auditors require verification at least once a year (typically at year-end), best practice suggests quarterly or half-yearly audits for high-volume businesses. Bank-mandated stock audits are usually required annually or half-yearly depending on the limit size.
Yes. Our audit teams can conduct simultaneous physical verification across multiple warehouses, factories, and retail outlets across India — ensuring a "cutoff" is maintained and stock is not moved between locations during the audit.
Verify your assets with confidence.
Hyderabad HQ: +91 94922 01497