Forwarded message 👇 *Quarantine effect on Auditor at home during Corona lockdown*
I have realised our home & kitchen is the most mismanaged place. Following anomalies have been observed :, 1. There is no stock ledger maintained. Procurement is not in line with provision factor. Purchase orders are placed verbally. Inventory maintenance is very poor. 2. There is no budgeting documents. 3. There is no indexing of products. 4. No bin cards were displayed. 5. No Annual, monthly or quarterly stock taking has been carried out. 6. No Inspection has been carried out for years. Most of the spoons and plates are of wrong pattern and do not match with the original part number. 7. No procedure of Inventory valuation 8. Weighing scales non existing. 9. No handing over /taking over files maintained. 10. No SOP and menu displayed. 11. Fire fighting equipment not held. 12. Sufficient reserves are not maintained. 13. Annual balance sheet and other financial statements have not been prepared since inception. 14. Lot of unaccounted cash was found in many boxes in the kitchen. 15. We understand that many items are lent / borrowed to / from neighborhood families but no records have been maintained. Periodical balance confirmations were not made available for inspection. *Auditor at Home.* 😉😅😅😅😅 Sent from my iPhone -- You received this message because you are subscribed to the Google Groups "Thatha_Patty" group. To unsubscribe from this group and stop receiving emails from it, send an email to thatha_patty+unsubscr...@googlegroups.com. To view this discussion on the web visit https://groups.google.com/d/msgid/thatha_patty/4689EF0B-51B0-44D6-9444-64618E983E0F%40gmail.com.
