Physical verification of stock

Internal Audit 2200 views 1 replies

Hi,

 

What documents / things from the stores are needed for an auditor for physical verification of stock (stores)?


Thanks in advance.

 

Regards,

Tenny Thomas

Replies (1)

Following documents may be required from the stotres before starting the physical verification of stock:

1) Stock as per System (should be taken in presenceof auditors)

2) Last GRN made

3) Last issue slip for issue of Material to Production / other departments (should be taken for all classes separately e.g. RM / PM, Spares, Consumable, Admin related items)


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