Builders stock audit

Internal Audit 976 views 1 replies

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

Replies (1)

I am giving very broadly:

1.Copy of contract detailing the scope of contract 

2.Details of materials authorised to be procured at site and details materials procured centrally and stored for consumption.

3.Persons responsible for stocking materials and their delegation of authority.

4.Details materials stored at site and their quantities and values 

5.Purchase orders isuued from site and details of PO,s pertaining to site issued from H.O.

6.Details of Bin cards material-wise along with details of issues and receipts.

7.Inspection of stocks done various CO,s authorities.

8.Monthly stock statement prepared and sent to H.O. and their reconciliation with records at site.

9.Equipments available at site and the records pertaining to that.

10 Materials/equipments transferred/received  to/from other sites.

You may have to imagine in the above line

kkm


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details