The documents required for stock Audit are listed below:-

• From the Bank Branch Officials
• Sanction Letter.
• Stock Statement duly certified by a CA. for the previous month
• Bank Statement for the last three months.
• Particulars of Collateral Security need to be checked.
• In case of Company, Copy of Form No. 8 & 32 for creation or modification of Charge.
• From the Borrower
• Stock Statement as on the date of verification.
• Trial balance or Provisional Balance Sheet as on the date of verification.

• Copy of the latest audited balance sheet.

• Insurance Policy.
• Figures of Purchase and Sales for last 6 months as well as for current month till date of verification.
• Invoices of Purchases & Sales, Stock Register, & other supporting Documents for verifying internal controls.
• Method of valuation followed for Inventory with detailed working.
• Copy of latest Excise or GST Returns filed.
• Break up of Sales into export and domestic.
• Details of non-moving and obsolete stock and also stock held for more than six months.
• ABC analysis of stocks based on the value of annual consumption of major items. (Only if Available).
• Products manufactured with details of licensed capacity, installed capacity and actual utilized capacity.
• Month-wise details of purchases and sales, stock, debtors and creditors for the previous six months.
• Copy of Incorporation of the Company.