1. Well conversant with Bank reconciliation and process of audit for the same.
2. Audit of Inter-Company reconciliation.
3. Verify vendor ledgers for correct liability setup.
4. Verify accounting of bank payments whether posted in the right vendor ledger.
5. Audit of purchases from indent to placement of purchase orders for inland and foreign purchases.
6. Audit of sales from trade inquiry to placement of order including local sale and export.
7. Verify Documentation of local and foreign purchases.
8. Verify Documentation of local sale and export sales.
9. Audit of customer ledger and credit as well receipts track record.
10. Audit of Ageing of receivables with detailed analysis.
11. Verification of stock masters.
12. Verification of stock ledgers
13. Verification of stock movement.
14. Check the inventory levels with respect to ABC analysis.
15. Audit of inventory process and valuation.
16. Audit of purchase pricing.
17. Audit of sale pricing.
18. Verification of cash drawls, daily cash payment, and cash holding.
19. Verification and audit of Fixed asset accounting including capitalization.
20. Audit of payroll accounting to start from attendance to payables to employees.
21. Audit of employee advances.
22. Audit of severance pay.
23. Audit of short-term and long-term welfare/social benefits schemes to the employees like LTC, PF, Gratuity, Leave Salary, Medical facilities, canteen facilities, uniform, paid air tickets on leave and any other welfare scheme in place in the company.
24. Audit of employee performance evaluation system.
25. Audit of pay and allowances system in place in the company.
26. Audit of revenue and expenses.
27. Audit of financial statements.
28. Audit of management information systems.
29. Compliance audit of management policies and procedures.
30. Compliance audit in general.
31. Commercial audit and analysis of basics of floor policies in place at the floor level in all departments/sections.
32. Analysis of wastages.
33. Analysis of budgetary provisions to actual and making detailed variance analysis reports.
34. Any other work assign by the superior/competent authority of the company.
