INTERNAL AUDITOR RETAIL TEXTILE GROUP
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 £.
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
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
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
£ ££.
Surprise Stock Audit
audit- branch manager- ®» £

📌 Internal Auditor Thodupuzha
🏢 Atlas Affordable Fashion Destination
📍 Thodupuzha