Count Right. Control Tight.
Physical verification confirms the actual existence and condition of stock, while inventory reconciliation ensures that financial records accurately reflect ground reality.
Benefit:
✔ Enhances accuracy in financial reporting
✔ Detects shortages, excess, and errors early
✔ Strengthens internal controls
✔ Supports compliance with the Companies Act, 2013 and audit requirements
Accurate stock today means reliable financial statements tomorrow.
