Practical compliance guides

Stock Audit · 6 min read

Warehouse Audit Checklist: Bin-Level Verification, Put-Away Errors, Negative Stock

Bin-level verification, put-away error testing and negative stock investigation form the core of a warehouse audit. This is the working checklist.

CACA Sundram Gupta · Aug 19

Stock Audit · 6 min read

Common Deficiencies Found in Bank Stock Audits and How Businesses Can Fix Them

The Findings That Recur Most OftenThe same small set of deficiencies turns up in bank stock audits across industries, and the great majority...

CACA Puja Pradhan · Aug 19

Stock Audit · 6 min read

CARO 2020 and Inventory: What Statutory Auditors Must Verify and Report

What CARO 2020 Says About InventoryInventory is dealt with in clause 3(ii) of CARO 2020, and it has two limbs that are routinely confused wi...

CACA Puja Pradhan · Aug 19

Stock Audit · 7 min read

Bank Stock Audit in India: RBI Guidelines, Who Needs It and When It Is Mandatory

Is a Bank Stock Audit Mandatory?No statute compels a borrower to have a stock audit carried out. The requirement arrives through the sanctio...

CACA Sundaram Gupta · Aug 19

Stock Audit · 6 min read

Why Dark Store Stock Drifts in 48 Hours: Picking Errors, Returns and Damages

Picking errors, returns and unrecorded damage move dark store stock away from system in days, not months. This traces where the drift comes from.

CACA Sundram Gupta · Aug 19

Stock Audit · 6 min read

What Does a Warehouse Auditor Do? What an Independent Count Tests, Not Your WMS

Your WMS reports what it was told. This explains why an independent auditor is engaged at all, and what assurance a third-party count adds over it.

CACA Sundram Gupta · Aug 19

Stock Audit · 6 min read

What a Mystery Audit Measures: Scorecards, Scenarios and Evidence

A mystery audit turns a subjective visit into comparable data through scorecards, set scenarios and evidence. This explains what actually gets measured.

CACA Sundram Gupta · Aug 19

Stock Audit · 6 min read

Weighbridge Verification: Auditing Stock Measured by Weight

Where stock is measured by weight, the weighbridge is the control being tested. This covers calibration checks, tare discipline and gross-net testing.

CACA Sundram Gupta · Aug 19

Stock Audit · 6 min read

Warehouse Stock Audit: Location Accuracy, Goods-in-Transit and Cross-Dock Stock

A warehouse count tests location accuracy, goods-in-transit and cross-docked stock, not just totals. This sets out the scope of a warehouse stock audit.

CACA Sundram Gupta · Aug 19

Stock Audit · 6 min read

Serial Number Verification: Auditing High-Value Electronics by IMEI and Serial

High-value electronics are verified unit by unit against serial and IMEI records. This explains how serial-level verification runs and why it is worth it.

CACA Sundram Gupta · Aug 19

Stock Audit · 6 min read

Stock Audit Cost in India: Fee Drivers, Scope and What Changes the Quote

Stock audit fees move with location count, SKU depth, travel and reporting deadline. This breaks down each driver and what changes a quote in practice.

CACA Sundram Gupta · Aug 19

Stock Audit · 6 min read

Stock Audit Eligibility: Who Is Qualified to Sign a Bank Stock Audit Report

Banks empanel Chartered Accountants and, in some cases, cost accountants to sign stock audit reports. This sets out the qualification and independence tests.

CACA Sundram Gupta · Aug 19