A periodic cask audit confirms that your records match physical reality — essential for both management and ATO compliance.
The process
- Generate your expected list — every cask, its location and recorded contents
- Walk the warehouse — confirm each cask is where it should be
- Spot-measure — check volume/ABV on a sample (or all) casks
- Reconcile — investigate any discrepancies
- Record — log the audit and any adjustments
What you're confirming
- Total casks and their locations
- Total LAL maturing (a key asset figure)
- That losses are explained by angel's share, not gaps
How often
At least annually; larger operations more frequently. A clean audit means no surprises if the ATO asks.
Software makes this far faster — a current expected list and per-cask histories are a click away. See the cask management guide.
See it on your own production: Book a demo.