We understand the factory floor, not just the balance sheet
In short: A. George & Associates carries out manufacturing audits in Kochi, Ernakulam and across Kerala, and works with manufacturers across Ernakulam and Kerala, from food processing and seafood exporters to plywood, rubber, packaging and engineering units. We handle statutory and stock audits, costing and inventory controls, GST including inverted duty refunds, and the reporting your bank expects.
In manufacturing, the numbers that matter most are often the ones nobody has time to look at: true product cost, stock that does not match the books, working capital tied up in slow-moving inventory, and GST credit stuck because of an inverted duty structure.
Our team has spent years in plants, stores and warehouses across Ernakulam and Kerala, from the industrial areas of Kalamassery, Eloor, Edayar, Aluva, Angamaly, Perumbavoor and the KINFRA parks at Kakkanad, to units in Thrissur, Palakkad (Kanjikode), Kollam and Alappuzha. We speak to your production and stores teams as easily as to your bankers.
Sound familiar?
"Our stock register and physical count never match, and the bank wants a stock statement every month."
"We know our turnover, but not which products or customers actually make money."
"There is GST credit sitting in our ledger that we cannot use."
"Year-end audit always turns into a scramble for bills and stock sheets."
These are the problems we fix for Kerala manufacturers every year.
Manufacturing audit and accounting services
Statutory and tax audit of manufacturing companies
Audits that understand manufacturing: inventory valuation, work in progress, capitalisation of plant, and related-party purchases, completed in time for board, AGM and tax deadlines.
Stock audits and bank reporting
Physical verification and valuation for banks, drawing power statements, stock statements that reconcile to the books, and support during lender reviews.
Costing and profitability
Product and batch costing, standard costs versus actual, contribution by product and customer, and pricing support so you know which orders actually make money.
Inventory and stores controls
Stock count procedures, reorder levels, scrap and wastage tracking, slow-moving stock reviews and controls over job work and branch transfers.
GST for manufacturers
Input tax credit reconciliation, e-way bills, job work compliance, export documentation, and refunds under the inverted duty structure. See our GST services.
Internal audit and fraud prevention
Procure-to-pay and dispatch-to-collection reviews, vendor checks, and, where something looks wrong, a forensic investigation.
What you get
Clear product costs
Know your real cost per unit and margin by product and customer.
Stock you can trust
Counts, records and bank statements that agree.
GST credit recovered
Credit reconciled monthly and refunds filed where eligible.
A calm year-end
Audit, tax and ROC filings on a calendar agreed in advance.
How we work with your plant
- Plant visit: We walk the process from raw material to dispatch and meet your accounts, stores and production heads.
- Health check: A short report on costing, stock controls, GST credit and audit readiness, with quick wins.
- Agreed scope: Audit, monthly support or both, with a fixed calendar and named team.
- Ongoing support: Monthly reviews, stock count supervision and year-end audit without surprises.
Related: internal and stock audits, audit and assurance, virtual CFO.
Manufacturing audits across Ernakulam and Kerala
Kochi and Ernakulam
Kalamassery, Eloor and Edayar industrial areas, Aluva, Angamaly, Perumbavoor (plywood and timber), Kakkanad KINFRA parks, Kochi port and Willingdon Island, and units across Ernakulam district.
Rest of Kerala
Thrissur, Palakkad and Kanjikode, Kollam (cashew), Alappuzha and Aroor (seafood and coir), Kottayam and Pathanamthitta (rubber), and Kozhikode and Malappuram.
Sectors include food processing and spices, seafood, cashew, plywood and timber, rubber products, packaging, chemicals, engineering and fabrication, and building materials. Exporting manufacturers can also see our services for exporters.
Frequently asked questions
What does a manufacturing audit cover?
Besides the statutory financial audit, a manufacturing audit looks at how inventory is counted and valued (raw materials, work in progress and finished goods), production and consumption against standards, wastage and scrap, job work and branch transfers, plant capitalisation and depreciation, costing, and GST on inputs and outputs. The aim is accounts that are right and controls that stop leakage.
Do you work with small and medium manufacturers?
Yes. Most of our manufacturing clients are MSMEs and family-run units. We scale the audit and support to the size of the business.
Can you help with bank stock statements and drawing power?
Yes. We prepare and review stock statements, reconcile them to the books, and carry out stock audits for banks and lenders.
We have unutilised GST credit because our input tax rate is higher than our output rate. Can it be refunded?
In many cases, yes, through a refund under the inverted duty structure, subject to the conditions and exclusions in the GST law. We review your purchases and sales to confirm eligibility before filing.
Our book stock never matches the physical stock. Can you help?
Yes. We trace the gaps, usually in recording of issues, scrap, job work or returns, and set up count and recording procedures so the difference stays small.
Do you visit factories outside Kochi?
Yes. We work with manufacturers across Kerala and visit the plant for stock counts, process reviews and audit fieldwork.