Loss Prevention Audits

Loss Prevention Audits are comprehensive reviews conducted by businesses to identify vulnerabilities that could lead to theft, fraud, or inventory loss. These audits examine security measures, procedures, and staff practices to ensure they are effective and followed properly. The goal is to prevent financial loss by proactively detecting weaknesses and implementing improvements. Essentially, it’s a systematic check to protect company assets, promote accountability, and reduce risks associated with shrinkage or theft.