Internal Audit, Stock Audit and Process Review in Mumbai
See how the business actually runs – and fix the gaps before they show up as losses or audit findings.
Internal audit looks at how money really moves through a business: how purchases get approved, how bills and sub-contractor work are verified, how stock is controlled and how payments are released. Nishita has run monthly internal audits, prepared statutory compliance reports, and drafted agenda papers for audit committees and boards. Every observation comes with a cause, a risk rating and a fix your team can actually implement.
Who this is for
- Companies required to appoint an internal auditor
- Growing businesses that want an independent look at their processes
- Businesses with significant stock, sites or sub-contractors
- Family businesses handing day-to-day control to managers
What's covered
Risk-based audit plan
High-risk areas identified and an annual or quarterly plan agreed with management.
Process audits
Purchase-to-payment, order-to-cash, payroll, inventory and expenses.
Bill and contractor verification
Purchase bills, cash vouchers and sub-contractor work checked against orders, measurements and approvals.
Receivables and payables
Monthly review of debtor and creditor statements and ageing.
Stock verification
Physical counts, valuation review and reconciliation with books – including slow-moving and obsolete stock.
Fixed asset verification
Physical verification, tagging and reconciliation with the register.
Compliance reporting
Monthly statutory compliance reports and agenda items for audit committee and board meetings.
SOPs and controls
Controls and standard operating procedures documented, then tested to see if they work.
What you get
- Annual audit plan
- Monthly or quarterly internal audit reports
- Statutory compliance report
- Action tracker with follow-ups
Documents to keep ready
- Organisation chart and approval matrix
- Existing policies and SOPs
- Books and ERP access
- Stock and fixed asset registers
- Previous audit reports
You'll get an exact list for your case at the start.
How it works
- 1
You tell us what's going on.
A short call or email: what you need, what's already been filed, and what the deadline is.
- 2
You get a checklist.
One specific list of documents for your case – nothing generic, nothing you don't need.
- 3
We do the working.
Records are reviewed, figures are matched with government portals, and the return, report or reply is prepared.
- 4
You see it before it's filed.
The draft is walked through with you, in plain language, before anything is signed or submitted.
- 5
We file and send you proof.
Acknowledgements and final copies come to you the same day.
- 6
We stay on it.
Processing, intimations and any follow-up from the department are tracked until the matter is closed.
Questions people ask
Which companies must have an internal auditor?
Listed companies, and unlisted public and private companies above prescribed thresholds of turnover, borrowings, paid-up capital or deposits. Others often appoint one voluntarily.
How is internal audit different from statutory audit?
Statutory audit gives shareholders an opinion on the financial statements. Internal audit works for management, on processes, controls and leakage.
Need help with Internal Audit & Stock Audit? Call +91 99676 46373, email nishita993@gmail.com, or use the contact form.