As a floor plan auditor, you work with a bank to assess the risk of a company during a floor plan loan. In finance, a floor plan is the use of inventory as collateral to obtain a loan from a bank. Your responsibilities include conducting precise inventory audits, assessing damages to inventory, and preparing a summary of your inspection. Floor plan auditors often work with car dealerships, as they have a high-value inventory. Duties include assessing inventory for wear and tear, checking the VIN of each vehicle, and ensuring the dealer has an MSO or title for all vehicles.