Chose a Plan
Get estimate and Make Advance Payment
Upload the documents
Get your services done
A: Stock audits can be conducted by internal auditors, external auditors, or professional firms appointed by the company. The audit can be conducted on a periodic or ad-hoc basis as per the requirements of the company.
A: There are two types of stock audits: comprehensive stock audit and partial stock audit. A comprehensive stock audit involves the complete physical verification of all items in the inventory, while a partial stock audit involves the verification of only a selected portion of the inventory.
A: The benefits of a stock audit include improved accuracy of financial statements, early detection of fraud or theft, better inventory management, and cost optimization. A stock audit also helps in identifying inefficiencies in the inventory control system and providing recommendations for improvement.