Count
Stock Count Stock & Asset Assurance
At SRCA, we provide independent stock counts and inventory-related assurance services to help businesses improve inventory accuracy, internal controls, and financial reporting reliability. Whether you need a year-end stock count, cycle counts, third-party verification, or inventory reconciliation support, our teams deliver structured procedures and clear reporting.
Physical Stock Count (Year-End / Periodic)
We plan and supervise physical inventory counts for warehouses, stores, factories, and multi-location setups.
Scope Typically Includes
- Count planning and count instructions
- Location mapping and count team deployment (multi-warehouse support)
- Cut-off procedures and movement control during count
- Test counts, spot checks, and recount procedures
- Reporting of variances and key observations
Deliverables
Cycle Counts & Continuous Verification
For businesses needing ongoing inventory discipline.
We Support
- Cycle count design (ABC classification approach)
- Monthly/quarterly cycle count calendars
- Variance analysis and corrective action plans
- Process improvements to reduce recurring variances
Deliverables
Inventory Reconciliation & Clean-Up
When stock ledgers don't match physical reality, we help you rebuild discipline.
We Support
- Physical count reconciliation to stock ledger
- Slow-moving / obsolete stock identification support
- GRN/issuance/adjustment review support
- Documentation improvement for inventory transactions
- Recommendations for system/process corrections
Deliverables
Inventory Controls & Process Review (Add-on)
Many inventory issues are caused by weak controls, not counting errors.
We Review
- Receiving and GRN discipline
- Issuance controls and authorization
- Stock adjustments and approvals matrix
- Warehouse segregation and access controls
- Documentation and audit trail standards
- Inventory valuation approach (process and documentation support)
Deliverables
Third-Party / Vendor Stock Verification (Scope-Based)
For verification needs where inventory is held by a third party.
We Support
- Verification visits and evidence collection
- Confirmation support and documentation packs
- Reconciliation to records and contract terms (where applicable)
- Reporting for management and stakeholders
Deliverables
Fixed Asset Verification (Related Service)
A common companion to stock counts—especially for audit readiness and asset registers.
We Support
- Physical verification of fixed assets
- Tagging support and asset register cleanup (scope-based)
- Reconciliation of register to physical assets
- Reporting of missing/idle/damaged assets
Deliverables
How We Work
Pre-Count Planning
Understand locations, product types, cut-off risks, and reporting requirements.
Count Instructions & Team Briefing
Clear count rules, movement control, and documentation standards.
Count Attendance & Testing
Spot checks, test counts, recounts, and exception tracking.
Reconciliation & Analysis
Variance mapping, root cause analysis, and documentation pack.
Reporting & Recommendations
Final report + controls and process improvement recommendations.
What You Receive (Typical Deliverables)
- Stock count plan and instructions
- Attendance sheets and test count working papers
- Variance summaries and exception logs
- Reconciliation pack (physical → ledger → adjustments)
- Controls observations and improvement recommendations
- Final stock count report suitable for management/audit files
Who This Is For
Manufacturing, trading, distribution, retail, and warehouses
Companies with multi-location inventory
Businesses preparing for audit, financing, or investor reporting
Organizations facing repeated stock variances or leakage
Frequently Asked Questions
Do you cover multiple warehouses and cities?
Yes—counts can be planned for multiple locations with teams and a central reporting structure.
Do you help reconcile stock differences?
Yes—our reconciliation pack identifies variances and likely causes, with a corrective action plan.
Can you do cycle counts instead of one annual count?
Yes—cycle count programs reduce year-end surprises and improve discipline.
Do you support valuation and obsolete stock identification?
We support documentation and classification (slow-moving/obsolete) and help management build an evidence-based approach.