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Stock audit
What are the important procedures to be followed while conducting stock audit of jewellery manufacturing client
Replies (2)
comferm closing stock of last year
check weather same closing carry forward
check stokc regestar tally it with sales and purchase bill
check where stock goes minus
check how they value the closing stock
Kindly refer to the following link in ICAI website for the stock audit.
https://www.icai.org/post.H T M L?post_id=8916
Refer to the audit of stock and receivable.
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