Builders stock audit
This query is : Resolved
27 December 2011
i am doing a stock audit of a builder who has got land under sra scheme ?
what all documents are required to be maintained by the builder at the site ?
what is to be verified by me at my weekly visit to site ?
pls suggest if any suggestion
thank you
what all documents are required to be maintained by the builder at the site ?
what is to be verified by me at my weekly visit to site ?
pls suggest if any suggestion
thank you
Guest
Guest
(Expert)
29 December 2011
The builder is required to maintain the following accounting records at site :
1. Stock Register
2. Bill of Materials (BOQ) for recording quantity of materials issued to site
You can verify stocks on a weekly basis and you can check the entries in the Stock Register and the Fixed Assets Register, with underlying supporting documents.
FCA Prashant Chavan
1. Stock Register
2. Bill of Materials (BOQ) for recording quantity of materials issued to site
You can verify stocks on a weekly basis and you can check the entries in the Stock Register and the Fixed Assets Register, with underlying supporting documents.
FCA Prashant Chavan
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