A certified stock statement is a document prepared by a practicing Chartered Accountant (CA) that certifies the quantity and value of stock held by a business at a given point in time. It's often required by banks when businesses apply for a cash credit facility or loan against stock.
Steps involved in preparation of Certified Stock Statement
Inventory Verification
Stock Count
Valuation
Documentation
Submit document to CA
Review of all the documents
If everything then We will certify
Time Taken
It requires approx. 3-4 days to perform all the procedures.
Why Choose HireYourCA?
Why Choose HireYourCA?
There are several reasons why HireYourCA stands out as your go-to partner for business registrations and compliance:
Experienced and Qualified Team: Our CAs possess extensive knowledge and expertise.
Seamless Service: We handle the entire process, keeping you informed at every step.
Cost-Effective Solutions: Competitive pricing ensures value for your money.
Client-Centric Approach: We prioritize your needs and offer personalized guidance.
Technology-Driven Platform: Our user-friendly online platform enables easy tracking and access to documents.
Transparency and Trust: We maintain complete transparency and adhere to the highest ethical standards.
Eligibility
It must be any registered entity not a fictitious entity.
Must have up to date financial record for the verification purpose
Account and stock should be properly maintained
It must be authorized only by a Practicing Chartered Accountant
Documents Required for Certified Stock Statement
Documents Required for Certified Stock Statement
Inventory list with quantities and details.
Valuation reports or methods used for stock valuation.
Purchase invoices.
Confirmation from Creditors
Any other relevant documentation requested by the CA.
