Stock Audit Services in Nashik | N D Savla & Associates
Stock Audit · Nashik, Maharashtra

Stock Audit — Physical Verification. Real Numbers.

Physical verification of inventory against book records for businesses and for banks assessing working capital limits secured against stock.

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Stock audit verifies physical inventory against book records — a check that matters both to businesses managing their own controls and to banks assessing working capital limits secured against stock. At N D Savla & Associates, our stock audits combine physical counting with a review of valuation, ageing and documentation, so the numbers reported actually hold up.

We conduct stock audits for manufacturing units, traders and businesses financed against inventory across Nashik, Nagpur and Maharashtra, working to bank formats where the audit supports a working capital sanction or renewal.

What Our Stock Audit Covers

Physical Verification

On-site physical count of inventory across godowns, warehouses or factory floors.

Book Reconciliation

Comparison of physical stock against book records to identify shortages, excess or misclassification.

Valuation Review

Checking that stock is valued consistently with accounting policy and applicable standards.

Ageing & Obsolescence Check

Identification of slow-moving, obsolete or damaged stock that may need provisioning.

Godown & Storage Verification

Assessment of storage conditions, security and segregation practices affecting stock integrity.

Bank Format Reporting

Stock audit reports prepared in the format required by banks and financial institutions for working capital assessment.

Drawing Power Computation

Verification of drawing power calculations against actual eligible stock and receivables.

Discrepancy Documentation

Clear documentation of variances with supporting photographs and count sheets where required.

Our Stock Audit Process

1

Scope & Location Planning

We confirm locations, stock categories and the reporting format required (business or bank).

2

Physical Count

Inventory is physically counted or sampled across all relevant storage locations.

3

Book Comparison

Physical counts are reconciled against stock registers and accounting records.

4

Valuation & Ageing Review

Stock valuation and ageing are checked for consistency and provisioning needs.

5

Report Finalisation

A detailed stock audit report is issued, including discrepancies and drawing power computation where applicable.

Why It Matters

Accurate stock reporting for working capital limits
Early detection of shortages, pilferage or misclassification
Support for drawing power computation
Stronger inventory controls and storage practices
Bank-format reports accepted for sanction and renewal
ICAI-qualified auditors experienced with inventory-heavy businesses

Frequently Asked Questions

Stock audit is typically required by banks and financial institutions before sanctioning or renewing working capital limits secured against inventory. Businesses also commission stock audits periodically to verify physical stock against book records, detect shrinkage, and strengthen inventory controls.
Frequency varies by bank policy and limit size, but stock audits are commonly required annually or half-yearly for working capital accounts, with more frequent audits for higher-risk or larger exposures.
Drawing power is the amount a business can draw against a working capital limit based on eligible stock and receivables; stock audit verifies the actual stock supporting this calculation.
Stock audit can flag unexplained shortages or discrepancies that may indicate pilferage or misreporting, though a dedicated forensic audit is used where fraud is specifically suspected.

Need a stock audit for your business or bank limit?

Tell us your storage locations and reporting requirement — we'll schedule the count and deliver a report you can rely on.