AS
AUDIT SIMULATION
by First Resort Consulting
Programmes / Inventory Audit
Coming soonInventory AuditINV-AUDIT

Inventory Audit

Existence, completeness and valuation of inventory

Programme overview

A focused simulation on inventory, including count attendance planning, cut-off, costing and net realisable value considerations.

Who it is best suited for

  • Candidates supporting manufacturing, retail or distribution audits

Skills developed

  • Count planning
  • Cut-off testing
  • Costing and valuation review

What you will actually do

  • Plan a stock count
  • Evaluate count results
  • Assess valuation

Programme stages

01Locked

Pre-Audit

Engagement set-up.

02Locked

Planning & Scoping

Inventory risk assessment.

03Locked

Testing

Count, cut-off and valuation procedures.

04Locked

Reporting

Findings and reporting.

Expected practical outcomes

  • To be published at launch

Markets and career opportunities it may support

  • External audit
  • Inventory control and stock audit roles

Programme completion does not guarantee employment or placement.

Career-readiness component

Uses the common career journey architecture.