Retail
Retail chains, brands and franchisees: store-level audit, inventory verification, GST and cash controls.
Overview
Retail businesses run many stores, high transaction volumes and daily cash and card collections. Our work for the sector covers store-level and inventory audit, reconciliation of sales and GST, and controls over cash and payments.
Sector considerations
What matters in this sector
- 01Stock counts and book records differ across stores and warehouses.
- 02Daily sales, payment-gateway settlements and GST returns are hard to reconcile.
- 03Cash handling and return controls vary by store.
- 04Franchisee and landlord arrangements need accurate, timely accounting.
Relevant regulators