"CA Neeraj Kumar Rastogi is a Fellow Member of the Institute of Chartered Accountants of India and a Certified Fraud Examiner (USA). He holds the ICAI Certificate in Forensic Accounting and Fraud Detection and the Certificate in Concurrent Audit. He has over 36 years of professional experience and has conducted over 600 stock and receivables audits across manufacturing, trading, NBFC, MFI, HFC, jewellery and capital market sectors. He is the author of a professional reference series on stock and receivables audits."
Differences between audited balance sheets and stock statements can significantly impact drawing power calculations. This article explains the major reconciliation issues every stock auditor must examine.
