Stock Audit Services
in Sharjah
We independently count and verify stock, reconcile physical quantities to your records, and identify the variances or control issues behind the differences.
13+ YEARS OF UAE FINANCIAL EXPERIENCE
- Physical Stock Count
- Variance Review
- Sharjah, UAE
Know What You Actually Hold
Replace uncertain system balances with count evidence, reconciled variances, and a clearer view of inventory risk.
Reliable Stock Quantities
Physical counts provide evidence of the items, quantities, locations, and condition of stock held on the agreed count date.
Explained Book Differences
Variances between stock records and physical counts are documented and investigated instead of being left as unexplained adjustments.
Better Inventory Visibility
High-value, damaged, obsolete, and slow-moving items receive attention so management can see where inventory value may need review.
Improved Movement Controls
Findings identify weaknesses around receiving, storage, transfers, dispatch, count procedures, and stock-record updates.
Stock Audit Scope
The engagement follows your locations, stock records, count date, and the inventory risks that need independent testing.
Count Planning Review
Review stock locations, SKU lists, count instructions, cut-off process, and required count resources.
Physical Stock Count
Conduct or observe physical counting by item, location, unit of measure, and observable condition.
Test Count Procedures
Perform floor-to-sheet and sheet-to-floor test counts to assess count completeness and accuracy.
Stock Record Reconciliation
Reconcile physical count results to inventory records, warehouse reports, and accounting stock balances.
Variance Investigation
Identify count differences and review potential causes such as timing, movements, errors, damage, or missing records.
High-Value Stock Review
Test selected high-value items for location, quantity, supporting records, and count evidence.
Slow-Moving Stock Review
Review aging reports, stock movement, damaged goods, expired items, and obsolete inventory indicators.
Inventory Control Review
Assess controls over goods receipt, storage, transfers, dispatch, adjustments, and periodic stock counts.
Stock Audit Report
Prepare count results, variances, control findings, and recommendations for management review.
Inventory Verification Work
Ahmed Mahfoudh Chartered Accountants & Auditors brings more than 13 years of UAE financial experience to stock audit work in Sharjah. I plan the count around how stock moves through your warehouse, retail site, yard, or multiple locations, then compare what is physically present with what your records show. The audit looks beyond a total quantity. It examines the count method, timing, variances, condition of goods, and controls that allow discrepancies to continue. The final report gives management evidence it can use to correct records and strengthen inventory handling.
How Stock Is Verified
The usual mistake is accepting a warehouse total without testing whether every location and stock movement was included.
The count process is planned
Before counting begins, the work identifies stock locations, item codes, units of measure, count teams, cut-off arrangements, and known movement points. This reduces the risk of goods being counted twice, omitted, or moved without being recorded during the count.
Records are tested both ways
Floor-to-sheet tests start with stock physically present and trace it to the records. Sheet-to-floor tests start with the stock list and trace it to the physical item. Using both methods tests completeness as well as the accuracy of the recorded quantity.
Variances are not just adjusted
Material differences are investigated against goods-received notes, transfer records, dispatch records, adjustment logs, damaged-stock reports, and count sheets. The report distinguishes a one-off timing issue from a weakness that may cause recurring stock losses or record errors.
Sharjah Stock Audit Support
Independent inventory verification for warehouses, retailers, distributors, and stockholding businesses.
Sameh Abdalla
CEO & Founder
Sami Abdallah leads the firm with expertise in accounting, audit, tax advisory, and consulting. He provides strategic guidance and supports long-term business growth across the UAE.
Ahmed Mahfoudh
Audit Manager
Ahmed Mahfoudh manages audit assignments and financial reviews with a focus on accuracy, compliance, and risk assessment. He delivers clear insights to strengthen financial control.
Ahmed Elbadawi
Legal Manager
Ahmed Elbadawi provides legal guidance, contract management, and compliance support. He helps protect business interests, reduce risks, and ensure smooth legal operations.
Ahmed Samir
Tax Manager
Ahmed Samir specializes in UAE VAT, corporate tax, and compliance services. He supports businesses in managing tax obligations while improving financial efficiency and compliance effectively.
What Sharjah Inventory Teams Found
These warehouse, operations, and finance leaders needed reliable evidence behind their stock figures.
“Book-to-physical differences were identified quickly and explained clearly, giving us inventory figures we trust.”
“Every variance was documented carefully through a disciplined, transparent counting method.”
“High-value items and slow-moving stock received particular attention in an evidence-based audit report.”
“The audit resolved recurring system-to-stock differences and highlighted their main causes.”
“The recommendations improved stock movement controls and reduced future shortages.”
“Their independent stock audit produced reliable results and clear communication from planning through reporting.”
Stock Audit Questions Answered
The practical details to settle before a physical inventory verification begins.
What is a stock audit?
A stock audit is an independent review of physical inventory and the records used to report it. It normally includes physical counts, test counts, reconciliation to stock records, variance investigation, and review of inventory controls.
Do you count stock physically?
Yes. Physical counting can be conducted or observed at the agreed locations and count date. The count records item code, quantity, unit of measure, location, and visible condition where relevant.
Why compare book stock to physical stock?
The comparison identifies differences between system quantities and stock actually held at the count date. Variances can arise from unrecorded goods receipts, dispatch errors, transfer delays, incorrect units of measure, damage, shrinkage, or count mistakes.
Can you audit multiple locations?
Yes. The scope can cover warehouses, retail branches, yards, third-party storage, and other agreed locations. Each location needs a count plan and clear cut-off arrangements for goods moving before, during, or after the count.
Do you review slow-moving stock?
Yes. Aging reports, last movement dates, damaged goods, expiry information, and sales history can be reviewed to identify slow-moving or obsolete inventory. A physical count confirms quantity and condition but does not by itself determine valuation.
What are floor-to-sheet tests?
Floor-to-sheet testing selects items physically present and traces them to the stock records. Sheet-to-floor testing selects items from the inventory list and traces them to the physical location, helping test both completeness and existence.
What happens if variances are found?
Variances are listed by item, location, and value where records allow, then investigated using count sheets, movement records, dispatch notes, goods-received notes, and adjustment logs. Material differences should be reviewed before inventory records are adjusted.
How long does a stock audit take?
Timing depends on the number of locations, SKUs, stock condition, transaction cut-off, warehouse access, and whether counts occur during or outside operating hours. A single retail site has a different count plan from a multi-warehouse distribution business.
How is stock audit work priced?
Fees depend on the number of locations, SKU count, stock categories, count dates, operating hours, record quality, and reporting required. High-value goods, serial-numbered items, and multi-location counts require additional testing compared with a simple warehouse count.
Still have questions? We're here to help.
Call Us Now