This is common — Stock Audit For Bank CC OD Borrowers is one of the most frequent reasons businesses need this service. Banks require it as a condition for CC/OD (cash credit/overdraft) working capital financing, to verify your eligible stock and compute Drawing Power before renewing or extending your credit limit.

We physically verify your inventory against your books, assess valuation under AS 2, review internal controls, and identify discrepancies, obsolete stock, and documentation gaps.

Inventory is valued under AS 2 at the lower of cost or Net Realisable Value. Permitted costing methods are FIFO and Weighted Average; LIFO has not been permitted since 2004.

Drawing Power is the maximum amount a CC/OD borrower can draw, computed by applying the bank’s prescribed margin to eligible stock and debtors — it’s revised monthly and formally verified through a stock audit.

Yes, our Comprehensive Engagement covers multi-location and chain businesses, coordinating physical verification across all your sites.

As a CA Stock Audit Services India provider, our pricing depends on your inventory size, number of locations, and whether the audit is for bank purposes or internal control. We offer a free consultation before sharing an exact quote.

Share your inventory details and audit purpose, and we’ll schedule a free consultation to scope the right engagement for you.