Audit Readiness Checklist Audit Readiness Checklist Ensure that your company or organization is ready for an audit by checking off the tasks listed below. Complete each task and download a PDF version of your checklist. Financial Statements are prepared and reviewed Tax returns are filed and available Bank statements reconciled Internal controls are documented All legal and regulatory compliance documents are in place Employee contracts and records are up to date Receivables and payables are properly documented Fixed assets and inventory are properly tracked and valued Legal and tax filings are current Audit trail and supporting documentation are organized Download Checklist as PDF