Many Monero critics use statements like:

How does Monero protect users from inflation bugs if the blockchain can't be audited?

Supposedly there is a way to audit the Monero supply. I've never done it, I've only read that its possible and that other people have done it. But how does one do it in a step by step way?

Can someone make a post about this so we can just point to this answer every time someone brings it up? Annoying to see people post about this all the time with the same people trying to give an answer but not really actually giving it.

How do you audit monero coin supply step by step?