Internal audit of a automobile dealer [car dealer]

Purchase, sales, expenses, TDS, GST, Stock, Drs, Crs and bank balance balance confirmation.

Check opening balance first.

All transactions shalll be related to business.

Check compliances under all other Acts.

there are various schemes which are available to these dealers such as exchange claim ... inurance claim ..see whether these are accurately accounted in the accounts of the dealers ...whether documents are proper ... cars should be sold only after receiving all necessary documents such as pan card ..aadhar card. ..cash payments should be in limit in accordance with income tax

INTERNAL AUDIT REPORT FORMAT FOR A DEALER (CAR)