Key Steps in Pharmacy Stock Audit:
A pharmacy stock audit is a process where the inventory of a pharmacy is physically checked and verified against the records or system data. The primary goal of a stock audit is to ensure that the actual stock on hand matches what is recorded in the inventory system and to identify any discrepancies such as missing items, expired products, or stock theft.

- Planning: Setting a clear audit schedule, defining the scope (e.g., all products or specific categories), and coordinating with pharmacy staff.
- Physical Stock Count: Auditors count the actual physical stock of medicines, consumables, and other products in the pharmacy.
- Verification: The counted stock is compared with the records (e.g., inventory software or manual records) to identify any discrepancies.
- Reporting: Any differences are documented, and a detailed audit report is created highlighting the findings, including stock levels, discrepancies, and suggestions for improving inventory management.
- Resolution: Actions are taken to address discrepancies, such as restocking, correcting inventory records, or investigating potential theft or mismanagement.