Best way of doing physical stock verification
Sagar (Consultant) (86 Points)
04 April 2016Sagar (Consultant) (86 Points)
04 April 2016
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 05 April 2016
stock verification from which point of view?
from a CA/ auditor view, just chek the records submitted by establishment and test chek 10-20 percent of stock, as the stocks get converted on day to day basis, its not easy to reconcile on any specific day, unless the management declare it by themself
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