hi...
please can anyone tell me the steps for stock audit of a construction co.??? As in, what all documents & registers do v have to check?? its urgent....
thnx...
sajiri shah (CA Final) (112 Points)
28 March 2008hi...
please can anyone tell me the steps for stock audit of a construction co.??? As in, what all documents & registers do v have to check?? its urgent....
thnx...
i want to know the audit plan for stock taking...........mainly in manufacturing areas..............if any one has plz....send it to me at teja1080 @ yahoo.com...
by tejashreyus
S. Banerjee
(Practising Cost Accountant. Core area- Central Excise. Service Tax Costing system installation including maintenance of Cost Records and Cost Audit and Management Audit mainly Revenue leakages Audit)
(622 Points)
Replied 06 April 2008
As such there is no specific format laid down by RBI for Stock Audit. It differs from Bank to Bank.
The Audit plan is to fixed by the Stock Auditor based on the Bank specified format or it is to be chalked based on the activity of the Company or Lender. For manufacturing company's format will differ from a Trading Company.
If required any help pl tell me the name of the Banker and the activity of the company which assignment you have got. Contact at banerjee.sambhu @ rediffmail.com
Thanks,
S. Banerjee
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
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