Inventory is often considered a high-risk account due to its direct impact on profitability and its susceptibility to errors, misstatements, or fraud especially in companies involved in manufacturing, trading, import, or export activities. High volumes of inventory movements increase the complexity and risk of inaccuracies in financial reporting.
At Ediomu & Co., we bring extensive experience in conducting Inventory Audits across diverse industries, including manufacturing and trading sectors. Our audits are designed to provide assurance over inventory accuracy, valuation, and control systems, helping clients maintain reliable records, reduce shrinkage, and improve overall inventory management.
By applying a risk-focused approach, we help identify control weaknesses and recommend practical improvements to safeguard your assets and ensure the integrity of your financial statements.