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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Why Use This Loss Prevention Audit?

This loss prevention audit helps retail teams maintain compliance and operational excellence. Designed for loss prevention / district manager professionals, this checklist covers 30 critical inspection points across 7 sections. Recommended frequency: monthly.

Ensures compliance with Company LP Policy, Inventory Standards. Regulatory-aligned for audit readiness and inspection documentation.

Frequently Asked Questions

What does the Loss Prevention Audit cover?

This checklist covers 30 inspection items across 7 sections: Cash Handling, Inventory Control, Physical Security, Initial Setup & Documentation, Safety & Compliance Verification, Operational Standards Check, Quality Assessment. It is designed for retail operations and compliance.

How often should this checklist be completed?

This checklist should be completed monthly. Each completion takes approximately 45-60 minutes.

Who should use this Loss Prevention Audit?

This checklist is designed for Loss Prevention / District Manager professionals in the retail industry. It can be used for self-assessments, team audits, and regulatory compliance documentation.

Can I download this checklist as a PDF?

Yes, this checklist is available as a free PDF download. You can also use it digitally in the POPProbe mobile app for real-time data capture, photo documentation, and automatic reporting.

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