Inventory Valuation & Cost Certification
Inventory Valuation and Cost Certification—critical tools for regulatory compliance, accurate financial reporting, and decision-making. Our valuations are industry-aligned, compliant with accounting and cost standards, and recognized by financial institutions, auditors, and government authorities.
What is Inventory Valuation?
Inventory Valuation refers to the process of assigning monetary value to a company’s inventory—raw materials, work-in-progress, and finished goods. Accurate valuation ensures:
- Reliable financial statements
- Proper tax reporting
- Effective cost control
- Clear visibility of inventory holding costs
What is Cost Certification?
Cost Certification involves an independent verification of costs incurred for a particular project, production batch, or supply—typically required by:
- Government authorities
- Financial institutions
- Project funders or promoters
- Tendering or subsidy-granting bodies
It ensures that the costs declared by a company are genuine, justified, and in accordance with prescribed norms.
Our Services Include:
Inventory Valuation
- Valuation of raw material, WIP, finished goods
- Physical verification of inventory
- Methodology-based valuation (FIFO, Weighted Average, NRV)
- Valuation as per AS 2, Ind AS, or IFRS
- Reconciliation with books of accounts
- Periodic/annual stock valuation reports
Cost Certification
- Certification of cost of production & cost of sales
- Certification for export incentives, subsidies, or SEZ benefits
- Cost statements for government tenders or public sector pricing
- Certification for related party transactions
- Certification required by banks, regulators, or project authorities
Industries We Serve
- Manufacturing & Engineering
- FMCG & Retail
- Pharmaceuticals & Healthcare
- Infrastructure & EPC
- Agro & Food Processing
- Textiles, Steel, Cement
- Public Sector Units (PSUs)
Why Accuracy in Valuation & Certification Matters
- Avoids over- or under-reporting of inventory in financials
- Builds trust with external auditors, lenders, and regulators
- Ensures tax and subsidy compliance
- Aids in informed decision-making and cost control
- Helps prevent revenue leakages and frauds
Why Choose Gaurav Jain & Associates?
- Team of experienced Cost Accountants and audit professionals
- Pan-India presence for on-site physical verification
- Strong knowledge of accounting standards and valuation practices
- Timely, accurate, and regulator-compliant reporting
- Recognized by banks, PSUs, and government departments