Inventory Stock Audit
Physical count and valuation of raw material, WIP and finished goods, with slow and dead-stock analysis and book reconciliation.
Stock Audit · Panaji, Goa
Independent stock audit and inventory verification for banks, NBFCs and businesses across Goa — confirming that stock genuinely exists, is correctly valued, and properly supports the drawing power on your working-capital limits.
Overview
A stock audit is an independent physical check of inventory and its valuation against your books and the stock statements submitted to your bank. For lenders, it protects the security behind working-capital finance; for businesses, it surfaces shrinkage, dead stock and valuation errors before they hurt the bottom line.
N D Savla & Associates conducts thorough stock audits across Goa for manufacturers, traders, hotels and lending institutions — covering inventory verification, fixed-asset checks and warehouse audits — with clear, bank-ready reports.
Our stock audit services
Physical count and valuation of raw material, WIP and finished goods, with slow and dead-stock analysis and book reconciliation.
Verification of the fixed-asset register against physical assets, tagging, condition review and depreciation accuracy.
On-site godown and warehouse stock, security, storage and hypothecated-goods verification with FSN / ABC analysis.
Independent drawing-power calculation and margin checks for cash-credit and working-capital limits.
Borrower stock verification for banks and NBFCs, with discrepancy reporting and risk observations.
Assessment of stock valuation methods for accuracy, consistency and compliance with accounting standards.
Our process
Confirm locations, stock type and the lender's reporting format.
On-site counting, sampling and condition assessment of stock.
Matching physical stock with books and stock statements.
Clear report with drawing power, discrepancies and recommendations.
Frequently asked questions
An independent physical verification of a business's inventory and its valuation, compared against the books and stock statements. It assures lenders and management that stock exists, is correctly valued and supports the finance extended against it.
When banks lend against stock through cash-credit or working-capital limits, they require periodic stock audits to confirm drawing power, detect diversion or over-valuation, and protect the security. Most banks mandate it above a certain exposure.
Banks typically require it annually or half-yearly by exposure and risk, while businesses may run internal stock audits quarterly or at year-end. We tailor frequency to your lender and operations.
Physical quantity and valuation, comparison with book and stock-statement figures, drawing-power calculation, slow/obsolete/dead-stock identification, storage and insurance observations, and recommendations.
Manufacturers, traders, retailers, distributors, hotels and any business carrying significant inventory — especially those with bank funding against stock. Banks and NBFCs also engage auditors to verify borrower stock.
The maximum a borrower can draw against working-capital limits, based on eligible stock and receivables after the bank's margins. A stock audit verifies the declared drawing power is genuine and supported by physical stock.
Stock registers, purchase and sales records, stock statements submitted to the bank, valuation details, insurance policies, GST returns and latest financials. We share a checklist before the visit.
Yes — at factories, warehouses, godowns and retail premises across Panaji, Margao, Vasco, Mapusa, Ponda and the rest of Goa, for businesses and lenders.
Related stock audit services
Book a free consultation with a qualified Chartered Accountant in Goa. We'll scope your stock audit and deliver a clear, lender-accepted report — no obligation.