The Classic Partners LLP
Stock Audit Services
Independent physical verification of inventory for businesses, banks, and lenders. We confirm that stock on the books actually exists, is valued correctly, and is properly controlled.
Request a Stock AuditWhat is a Stock Audit?
A stock audit is the physical verification of a company's inventory and the reconciliation of that count with the books of account. It gives management and lenders confidence that recorded stock is real, saleable, and correctly valued.
Banks frequently require periodic stock audits for borrowers availing cash-credit or working-capital limits against inventory. We carry out the count, valuation review, and reporting in the format your lender expects.
Who Needs Stock Audit?
- Businesses funded by bank working-capital or cash-credit limits.
- Manufacturers, traders, and distributors holding significant inventory.
- Companies wanting independent assurance over stock records.
- Lenders and NBFCs seeking borrower stock verification.
Our Stock Audit Services
Physical Stock Verification
On-site counting and tagging of inventory across locations.
Valuation Review
Checking valuation method, slow-moving and obsolete stock.
Book Reconciliation
Matching physical stock with stock records and the general ledger.
Lender-Format Reporting
Reports prepared to bank or NBFC requirements.
Internal Control Review
Assessment of receipt, issue, and storage controls.
Periodic Audits
Monthly, quarterly, or annual stock audit programmes.
Why Choose The Classic Partners
- Qualified Chartered Accountants with hands-on audit and assurance experience.
- End-to-end support — from documentation and verification to final reporting.
- Timely delivery so you meet statutory and lender deadlines without stress.
- Transparent fees and a single dedicated point of contact.
Frequently Asked Questions
Why do banks require a stock audit?
Banks fund working capital against inventory, so they require periodic stock audits to confirm the stock pledged or hypothecated actually exists and is valued correctly.
How often should a stock audit be done?
It depends on the lender and business size. Banks often require quarterly or half-yearly audits, while management may conduct internal counts more frequently.
What does a stock auditor check?
The auditor verifies physical quantities, valuation, slow-moving and obsolete items, storage conditions, and the reconciliation between physical stock and book records.
Will a stock audit disrupt operations?
We plan counts to minimise disruption, often during low-activity periods or in phases, so day-to-day operations continue smoothly.
Do you cover multiple warehouse locations?
Yes. We can verify stock across multiple godowns, branches, or warehouse locations and consolidate the findings into a single report.
Need a reliable Stock Audit?
Get independent, lender-ready stock verification from experienced auditors.
Contact Us