Our Inventory Valuation & Verification Services help businesses gain complete control over their stock whether it’s raw material, work-in-progress, or finished goods. We provide end-to-end support, from physical stock counts to financial valuation in accordance with applicable accounting standards and tax regulations.

We conduct independent, third-party physical verification exercises using systematic techniques like cycle counts, surprise audits, and ABC analysis. This ensures that what’s recorded in your books matches the actual inventory on hand—minimizing risks of fraud, loss, or mismanagement.

On the valuation front, we assess stock values using consistent, standard-compliant methods like FIFO, Weighted Average, or Specific Identification. We ensure that obsolete, damaged, or slow-moving inventory is properly identified and provisioned for resulting in fair, reliable financial statements.

Our services are especially useful before audits, year-end closures, M&A due diligence, or business restructuring. We also offer perpetual inventory system reviews, ERP stock module mapping, and periodic reconciliation services for improved control and transparency.

With our support, organizations can make better procurement decisions, reduce inventory carrying costs, avoid write-downs, and comply with applicable laws. Whether you manage inventory in one location or across multiple warehouses, we deliver scalable solutions tailored to your business.

• Independent cycle counts, location-wise audits, and blind spot detection.

• FIFO, Weighted Average, and NRV assessments as per accounting norms.

• Classification of inventory by movement and age for accurate provisioning.

• Map and reconcile physical stock with ERP data (SAP, Oracle, Tally, etc.).
• Comprehensive reports with item-wise gaps, valuation sheets, and remarks.
• On-site and remote audits across plants, warehouses, and depots.

• Ready-to-use reports for statutory audits and internal management reviews.

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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.