Inventory Audit

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Inventory plays a vital role in the financial health of many businesses, especially those in manufacturing, trading, and retail sectors. An inventory audit helps ensure that physical stock matches your accounting records, reducing the risk of losses due to pilferage, obsolescence, or mismanagement. Our firm offers comprehensive inventory audit services tailored to the specific needs of your business.

We begin with a detailed review of your inventory policies, stock movement processes, and record-keeping systems. Our team then performs physical stock verification, cross-checks with purchase and sales data, and evaluates the effectiveness of inventory controls. We focus on areas such as valuation methods, slow-moving stock, and adherence to FIFO/LIFO/weighted average systems.

Regular inventory audits help you identify and address discrepancies, manage working capital efficiently, and make better procurement decisions. Our audit reports provide actionable insights and highlight any irregularities, non-compliance, or process gaps in your inventory handling.

In addition to standalone inventory audits, we also assist clients in preparing for statutory audits by providing reliable inventory figures and supporting documentation. Whether it’s for internal control purposes, banking requirements, or compliance reporting, our services ensure accuracy, accountability, and peace of mind in managing your inventory.

FAQ's

We provide a full suite of services including accounting, audits, tax filings, GST compliance, ROC filings, payroll, valuation, and business advisory tailored to Indian businesses.

Yes, we handle end-to-end incorporation including name approval, DIN & DSC registration, drafting of MOA/AOA, and registration with the Ministry of Corporate Affairs.

Absolutely. We offer accounts outsourcing and payroll processing services to manage your finances efficiently and in compliance with statutory requirements.

Depending on your business category, GST returns may be monthly or quarterly. We ensure timely and accurate filing to avoid penalties.

Yes. We conduct statutory audits, internal audits, and inventory audits as per legal requirements and business needs.

Domestic companies must file annual returns, maintain statutory registers, and submit necessary resolutions to the Registrar of Companies (ROC). We handle all ROC filings and advisory.

Yes, we manage the entire TDS cycle including deduction, payment, and quarterly return filing.

Definitely. We offer tailored tax strategies to optimize tax liability while staying compliant with Indian laws.

Yes. We conduct business and share valuations in line with regulatory standards and commercial requirements.

We follow strict protocols and use secure systems to ensure confidentiality, aligning with our core values of trust and integrity.

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By submitting details, I agree and authorize A'countable Partners to contact me. This will override the registry with DNC/NDNC.