Stock + Debtor Audit

Why Choose Mizael Partners for Stock + Debtor Audit?

Mizael Partners was founded in 2013. Since then, we have helped more than 2,000 clients become self-sustaining, compliant, and ready for growth. We are specialists providing innovative solutions in accounting, auditing, financial advice, tax, bookkeeping, and forensic accounting. Contact us today to find out what we can do for your business.

Mizael Partners specialises in performing core stock and debtor auditing for sole traders and businesses.

What is a stock and debtor audit?

Stock and debtor audits are non-compulsory processes, but they help maintain control for a business. A stock and debtor audit is considered an important auditing process which is normally required by the banks, owners, and investors.

Debtor audit

The debtor audit helps you to determine the existence and valuation of debtors. Mizael Partners can assist you with the following services:

  • Sending confirmation letters to the debtors in order to confirm the balances;
  • Review subsequent receipts;
  • Cut-off tests;
  • Review provision for doubtful debts;
  • Review bad debts written off during the year.

Stock audit

The stock audit helps in prevention and early detection of frauds. It also helps to determine existence and valuation of stock at a certain point in time.

Mizael Partners can assist you with the following services:

  • Attending stock take and ensure that it is done properly;
  • Conducting sample check to ensure what is counted is recorded in the inventory listing and vice versa;
  • Review valuation of stock to ensure that what is recorded has supporting invoices;
  • Cut-off tests;
  • Review provision for inventory valuation.

You’ve made the right choice with Mizael Partners.

Mizael Partners have been completing stock and debtor audit services since 2013.

We specialise in ensuring all financial records accurately reflect the position of the organisation. We make sure that all documents and statements are compliant with Australian International Financial Reporting Standards (IFRS) and prepare businesses should they be audited.

Contact us

To speak to one of our accredited accountants, please call us on 1300 444 004.

Take advantage of this exclusive offer, available for new business clients until the end of December

FREE 30 MINUTE INITIAL CONSULTATION*

* Available for new business clients only until the end of December.

ISO Certification

ISO certification ensures quality management, security of client data, and allows us to provide optimum service to our clients at all times.

Industry Experience

Are you a local Melbourne business in Ringwood, Bayswater, or Croydon? Looking for business accounting and tax accounting solutions? We would love to help you grow.

Our friendly staff are ready to help you. Enquire below for a response within 1 business day.

Please note, we cater to business, corporate and organisational based clients, and unfortunately cannot assist with individual tax returns at this time.

Typical response time: two business hours.

some of our happy clients

Don’t just take our word for it. Hear from some of the clients we have had the pleasure of working with.