Restuarant stock audit

Check restaurants stock register

Check Stock insurance premium copy

Loan documents of restaurant for the loan taken

Check that whether loan is given as per limit prescribed and it is within it's sanction and drawing limit

physically verify the restaurants stock each item and valuation should be checked

check whether restaurant has availed any loan previously or not

Check restaurants audit report and ITR copies

check the collateral security which has mortgaged by the restaurant whether it exists or not and also the valuation of the security

Thank you sourav.. but i need exclusively for inventory audit... whats the Purpose to check loan ??

Basically stock audit is conducted by banks who granted loan to entities by CA's

Its internal purpose

OD loans interest is not capitalised unlike construction contracts. Internally it’s not required, 

Then verify the internal assets