Stock Audit or Inventory Audit is a process of physical verification of the stock maintained in the warehouse of the company and matches with the stock registers maintained. It is mostly needed in manufacturing companies where raw material converted into finished goods.
The inventory level of a company is very much important and has a impact on the company’s profit, so any error in the report can lead to additional expenses.
In other words, a stock audit is a statutory process that every company/business should get performed at least once in a particular financial year. Puneet Bajaj & Co. providing best stock audit services in delhi to various companies.
Benefits of Stock Audit