Overview
Overview
Accurate inventory and asset records underpin profit measurement, lender reporting and audit.
We help design costing methods, conduct physical verification and maintain fixed asset registers with depreciation under the Companies Act and Income-tax Act.
Who this is for
- Manufacturers and traders
- Businesses with stock-based bank limits
Scope of work
The precise scope is confirmed in writing for each engagement. It typically includes:
- Inventory valuation policy
- Product and job costing
- Physical verification and reconciliation
- Fixed asset register and tagging
- Depreciation schedules
Documents usually required
- 01Stock records and purchase data
- 02Bill of materials
- 03Asset invoices
We share a checklist specific to your case. Please do not send identity or financial documents by email — existing clients can upload them securely through the client portal.
How we work
- 1
Initial discussion
We understand your situation, the period involved and what you need from the engagement.
- 2
Scope & document list
You receive a written scope and a checklist of the information we need.
- 3
Preparation & review
Our team prepares the work, which is then reviewed by a senior professional.
- 4
Your approval
We walk you through the outcome and obtain your confirmation before anything is filed or issued.
- 5
Completion & records
Filing or delivery is completed as applicable, and acknowledgements and working papers are shared or retained.
Frequently asked questions
How often should stock be verified?
At least annually, and more often for high-value or fast-moving stock or where lenders require it.
Last updated 11 Oct 2026. This page is general information, not professional advice. Applicability depends on your facts and the law in force; we do not guarantee any particular outcome, saving, registration or approval.