PhygiTech provides a customized Physical Stock Audit service to its clients. The audit team obtains a full understanding of the locations and production and bookkeeping process before commencing the audit. During the audit, the team matches the book records with the physical stock at all locations and identifies variances.
Material variances are discussed with the management to reach a consensus, and the closing stock is recast considering the team’s findings. This service is beneficial to clients who have limited management bandwidth or lack the desired expertise in the team. PhygiTech can act as a bridge between the factory personnel and head office personnel, providing valuable inputs and insights to aid decision-making.
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“Our audit report is a report of your master help check-up. We not only provide you with the report, but also viable solutions – don’t hesitate, reach us immediately”
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Internal Audit
Internal audit is an independent, objective assurance cum consulting activity focussed to add value and improve an organization’s capabilities. It helps the organisation accomplish its objectives by providing insight and recommendations based on analysis and assessments of data and business processes.