INTERNAL AUDITOR RETAIL TEXTILE GROUP
1. Job Purpose
Primary Objective:
Company branches, Head Office, warehouse, purchase, sales, inventory, accounts, HR, payroll :
- Financial loss
- Fraud & theft prevent/detect
- Stock shortage
- Cash leakage
- Billing irregularities
- Company policies £ •
- Internal controls
- Operational efficiency ®
- Management- independent audit report

£ • •.
Internal audit fault finding department management- risk, control, efficiency objective assurance function £.
2. Main Job Responsibilities
A. Branch Audit
showroom- regular audit .
•£:
- Daily sales
- Cash collection
- Card sales
- UPI sales
- Credit sales
- Sales return
- Discount
- Cancellation
- Exchange
- Complimentary bills
- Void bills
- Manual bills
- POS transactions
- Cash deposit
- Bank reconciliation
- Expenses
- Stock movement
- Staff attendance
- Staff discount
- Customer complaints
- Damage stock
- Transfer stock

3. Cash Audit
Cash leakage retail business- risk £.
Auditor •£:
Daily Cash
- Opening cash
- Cash sales
- Cash expenses
- Cash deposit
- Closing cash





System Cash vs Physical Cash
match £.
•£
- Cash shortage
- Cash excess
- Delayed deposit
- Personal use of company cash
- Unauthorized expenses
- Cash withdrawal
- Cash refund
- Fake refund
- Duplicate refund

4. Billing Audit
Textile retail- • audit area.
Auditor •£:
- Bill sale ?
- Cancelled bills £?
- Discount authorization £?
- Manual bill ?
- Price override ?
- Wrong barcode ?
- Duplicate bill £?
- Sales return genuine £?
- Exchange genuine £?
- Employee billing irregularity £?
- Customer payment ®» collect ?

Special Fraud Test:
POS sales + physical stock movement + cash/card/UPI collection ®® cross-check £.
Auditor •£:
- Opening stock
- Purchase
- GRN
- Stock transfer
- Sales
- Sales return
- Purchase return
- Damage
- Missing stock
- Closing stock

Physical Stock
System stock:
10,000 pieces
Physical stock:
9,850 pieces
Difference:
150 pieces shortage
£ ££.
5. Surprise Stock Audit
audit- branch manager- ®» £

📌 Internal Auditor (Thodupuzha)
🏢 Atlas Affordable Fashion Destination
📍 Thodupuzha