Tenny Thomas (Technical Associate) (87 Points)
23 August 2011Hi,
What documents / things from the stores are needed for an auditor for physical verification of stock (stores)?
Thanks in advance.
Regards,
Tenny Thomas
Sachin Jain CA, CS, CWA
(Job)
(240 Points)
Replied 23 August 2011
Following documents may be required from the stotres before starting the physical verification of stock:
1) Stock as per System (should be taken in presenceof auditors)
2) Last GRN made
3) Last issue slip for issue of Material to Production / other departments (should be taken for all classes separately e.g. RM / PM, Spares, Consumable, Admin related items)
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