Accounts receivable audits focus on the authenticity, ageing, and recoverability of dues from customers. We analyze credit policies, collection cycles, overdue receivables, and potential write-offs. This helps our clients improve working capital efficiency, assess customer creditworthiness, and avoid bad debts.

Unlike annual stock audits, cycle counts are periodic checks on selected inventory categories. We help you implement efficient cycle counting mechanisms monthly, weekly, or daily based on ABC analysis or product criticality. This method ensures better control without disrupting daily operations.

We tailor our audit programs depending on the industry retail, manufacturing, e-commerce, logistics, etc. From barcoded stock tracking to FIFO/LIFO systems and inventory in transit, our team ensures that the audit methodology aligns with your operational realities and reporting requirements.

• Physical verification of stock across locations

• Receivables ageing analysis & risk classification

• Cycle count implementation & reconciliation

• Red flag detection – theft, misplacement, shrinkage

• Inventory valuation compliance (AS, Ind AS, IFRS)

• Support in SOPs for warehousing & dispatch
• Insights for ERP optimization & inventory KPIs

We don’t believe in one-size-fits-all auditing. At Pawan Lohia & Associates, every Risk-Based Internal Audit begins with an in-depth understanding of your business model, industry dynamics, and regulatory exposure. Our team collaborates closely with your internal stakeholders to prioritize risk areas, define scope, and execute detailed audits with a strategic lens.