Loss Prevention Audit

Complete monthly or as scheduled.

  • Industry: Retail
  • Frequency: Monthly
  • Estimated Time: 45-60 minutes
  • Role: Loss Prevention / District Manager
  • Total Items: 30
  • Compliance: Company LP Policy, Inventory Standards

Cash Handling

Review cash handling procedures.

  • Registers balancing daily?
  • Safe procedures followed?
  • Bank deposits made timely?
  • Void/refund procedures followed?

Inventory Control

Review inventory practices.

  • Receiving procedures followed?
  • Backroom organized and secure?
  • High-theft items secured?
  • Cycle counts completed on schedule?

Physical Security

Check physical security.

  • Security cameras operational?
  • EAS system working?
  • All locks and keys secure?
  • Emergency exits alarmed/secure?

Initial Setup & Documentation

Complete initial documentation and preparation

  • Inspector / Assessor Name
  • Date
  • Location / Area
  • Inspection Type
  • Previous findings reviewed?

Safety & Compliance Verification

Verify all safety requirements are met

  • All safety protocols being followed?
  • Emergency exits clear and accessible?
  • First aid supplies available and stocked?
  • All hazards identified and controlled?
  • Required PPE being worn correctly?

Operational Standards Check

Verify operational standards and procedures are maintained

  • Standard operating procedures being followed?
  • All equipment in proper working condition?
  • Maintenance schedule current?
  • All staff training current and documented?

Quality Assessment

Evaluate quality standards and performance metrics

  • Quality standards met for all items checked?
  • Any deficiencies or non-conformances identified?
  • Root cause analysis completed for issues?
  • Continuous improvement opportunities identified?

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