Inventory Verification
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msa auditors
Inventory Verification Services
At MSA Auditors, we understand how critical inventory is to businesses — particularly for companies involved in retail, manufacturing, distribution, or warehousing. Inventory often represents a major asset, but it can also be vulnerable to shrinkage, damage, obsolescence, theft or mis‑management. That is why accurate and regular inventory verification is essential to safeguard your assets and ensure financial integrity.
Our Inventory Verification Services are designed to provide you with a reliable, independent check of your physical stock, align what you have on the ground with what is recorded in your books, and give confidence in your inventory valuations and internal controls.
What We Do: Our Inventory Verification Services
Physical Stock Count & Inspection
We conduct a thorough physical count of all inventory items — raw materials, work‑in‑progress, finished goods or merchandise — to confirm their existence and quantity. This includes marking or tagging verified stock to avoid double‑counting or omissions.Condition Assessment & Obsolescence Check
During verification, we identify damaged, expired, slow‑moving or obsolete items — helping you isolate and account for stock that may need write‑downs, disposal or special handling.Reconciliation with Books & Records
We reconcile physical counts against your accounting records, ERP, or inventory management system to detect variances — whether shortages, excesses, or mismatches between recorded and actual stock.Inventory Valuation & Realizable Value Review
We review inventory valuation policies (cost, net realizable value, write‑downs) to ensure your stock is fairly and accurately valued — safeguarding your financial statements and complying with accounting standards.Discrepancy Reporting & Analysis
Our team provides detailed reports highlighting any variances, potential losses, missing documentation, or internal‑control weaknesses. We also help analyse root causes — whether procedural lapses, theft, damage, or record‑keeping errors.Internal Control Review & Recommendations
Beyond the count, we evaluate your inventory management, storage procedures, movement controls, and documentation practices. We recommend improvements to strengthen internal controls, reduce risk, and minimize future inventory issues.Ongoing & Periodic Verification / Cycle Counts
Whether you need end-of-year verification, periodic audits, or cycle counts — we handle it. Regular inventory checks help maintain accurate asset values, support audit readiness, and ensure management oversight.
Why Choose MSA Auditors for Inventory Verification
Safeguard Valuable Assets — Inventory often ties up substantial capital. Our services help protect your investment by detecting losses, fraud, or mis‑accounting before they impact your balance sheet.
Accuracy and Reliability — By aligning physical stock with records and providing independent verification, you gain confidence in your financial reports and reduce the risk of misstatements.
Enhanced Internal Controls & Governance — We don’t just count stock — we help you build robust controls, proper documentation, and systematic procedures to manage inventory effectively and sustainably.
Financial Reporting & Compliance‑Ready — Accurate inventory counts and fair valuations support compliance with accounting standards and prepare you for audits or regulatory reviews.
Tailored to Your Business Needs — Whether you are a small retailer, large warehouse operator, manufacturer, or a multi‑location distribution company — our services are customised to your structure, inventory volume, and business dynamics.
Expert In Audit &
Financial Solutions!
MSA Auditors delivers accurate, compliant financial services with expert auditing, accounting, and tax solutions, helping businesses make confident decisions and achieve sustainable growth.
