Inventory Audit Format
Audit Date: December 15, 2050
Audit Period: January 1, 2050 - December 14, 2050
Company Information:
Company Name: [YOUR COMPANY NAME]
Company Address: [YOUR COMPANY ADDRESS]
Auditor Name: [YOUR NAME]
Auditor Email: [YOUR EMAIL]
Audit Overview:
This inventory audit aims to verify and reconcile the physical stock against the inventory records for the period stated above.
Physical Inventory Count
Item Description | SKU Number | Recorded Quantity | Physical Count | Variance |
|---|
Deluxe Office Chair | 12345 | 100 | 98 | -2 |
Ergonomic Desk Mat | 67890 | 50 | 50 | 0 |
Wireless Keyboard Set | 11223 | 200 | 202 | +2 |
Adjustable Standing Desk | 44556 | 150 | 149 | -1 |
Office Desk Organizer | 78901 | 75 | 77 | +2 |
Observations & Discrepancies:
Deluxe Office Chair: A shortfall of 2 units found during the audit. Possible reasons include unaccounted damage or misplacement.
Adjustable Standing Desk: Minor discrepancy of 1 unit; further investigation needed to determine cause.
Conclusion:
The audit results show a minor variance in inventory, which requires immediate attention to investigate discrepancies and correct inventory records.
Recommendations:
Review stock handling and storage procedures to reduce discrepancies.
Implement regular spot checks and cross-verify records during the year.
Update inventory management system for better accuracy.
For any questions or further details, please contact [YOUR NAME] at [YOUR EMAIL].
Next Steps:
Complete inventory reconciliation by December 20, 2050.
Implement corrective actions for any discrepancies.
Inventory Templates @ Template.net
