Stock & Inventory Audit Services in the UAE

Physical stock counts and inventory verification that reconcile what is on your shelves with what is on your books.

We carry out physical stock counts and inventory verification for retail, trading and warehousing businesses, reconciling what is physically on hand against your inventory records and flagging shrinkage, valuation errors or process gaps before they distort your financial statements.

Stock audit findings feed straight into your year-end figures, which keeps your bookkeeping accurate and supports a clean external audit where inventory is a material balance.

How a Stock Count Works

We agree count instructions beforehand, freeze stock movements for the count, count in teams with independent checking, then reconcile counted quantities to your stock records. Differences are investigated and, where needed, adjusted through your books.

What We Check Beyond the Count

  • Cut-off: goods received or shipped around the count date sit in the right period
  • Valuation: cost is correct and slow-moving items are written down to net realisable value
  • Ownership: goods held on consignment or at third-party warehouses
  • Condition: damaged or expired stock that cannot be sold

Who Needs It

Retailers, traders, distributors and manufacturers whose inventory is a large part of the balance sheet, including many JAFZA and Sharjah companies. A verified stock figure supports your external audit, your VAT position on stock movements and your inventory bookkeeping.

This service is part of our Audit & Assurance practice. See the full overview: External Audit Services in the UAE.

Often needed together with: Internal Audit Services in the UAE, Company Liquidation & Insolvency Services in the UAE.

Also see: Accounting & Bookkeeping Services in Dubai, Corporate Tax Registration & Filing Services in the UAE.

Where We Provide This Service

Accounting services in Bur Dubai · Accounting services in DMCC · Accounting services in JAFZA · Accounting services in IFZA · Accounting services in Meydan · Accounting services in Abu Dhabi · Accounting services in Sharjah

Key Benefits

  • Physical counts reconciled against your inventory records
  • Shrinkage and valuation discrepancies identified and explained
  • Recommendations to tighten stock control processes
  • Documentation ready to support your year-end audit

Our Process

  1. Plan the count: locations, timing and method
  2. Conduct the physical count and cross-check against records
  3. Investigate and document variances
  4. Report findings with process improvement recommendations

Frequently Asked Questions

When should we schedule a stock audit?

Most businesses time it to year end to support the annual audit, though a mid-year count is worth doing if you have had staff turnover in warehouse or retail roles, or suspect shrinkage.

Do you attend the physical count in person?

Yes, we attend and independently verify the count rather than relying solely on your internal team's figures, which is what gives the exercise credibility for audit purposes.

What if the physical count does not match our records?

We investigate the variance, whether it is a timing issue, a recording error or genuine shrinkage, and document the explanation so it holds up under audit review.

Can you audit stock across multiple warehouse locations?

Yes, we plan counts across multiple sites and can coordinate simultaneous counts where stock could otherwise be moved between locations during the count.

Does a stock audit help with inventory valuation for Corporate Tax?

Yes, an accurate, verified stock figure supports your closing inventory valuation, which directly affects your reported profit and Corporate Tax position.

How often do trading businesses typically need this?

Annually at minimum for audit purposes, with quarterly spot counts recommended for higher-value or fast-moving inventory.

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