Hi,
Inventory audit (PI) for EBO's and COCO stores owned by company should be done by the external auditor (agency) or inhouse staff can also do these audits(PI)??
I want to know is there is any statutory requirdment for PI?
Thanks in advance!!!!!!
From India, Mumbai
2Inventory audit (PI) for EBO's and COCO stores owned by company should be done by the external auditor (agency) or inhouse staff can also do these audits(PI)??
I want to know is there is any statutory requirdment for PI?
Thanks in advance!!!!!!
From India, Mumbai
Dear Sandy,
Stores or Inventory audit can be done either by the internal audit team or external audit team. What matters is how the audit is conducted and on what points it is conducted.
There are two types of audits, one is Accounts audit and another is Finance audit. Both are important.
Earlier I had given reply on the points to be included in the audit of the stores. Click the following link to refer the reply (scroll down till the fourth reply):
https://www.citehr.com/446398-how-st...ification.html
Thanks,
Dinesh Divekar
[/COLOR]
From India, Bangalore
Stores or Inventory audit can be done either by the internal audit team or external audit team. What matters is how the audit is conducted and on what points it is conducted.
There are two types of audits, one is Accounts audit and another is Finance audit. Both are important.
Earlier I had given reply on the points to be included in the audit of the stores. Click the following link to refer the reply (scroll down till the fourth reply):
https://www.citehr.com/446398-how-st...ification.html
Thanks,
Dinesh Divekar
[/COLOR]
From India, Bangalore
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