Why Audit Readiness Matters
An audit is only as smooth as the preparation that precedes it. Businesses that approach auditors with incomplete records, unreconciled accounts, or missing documentation face longer audit timelines, higher fees, and the risk of qualified audit opinions that can damage their reputation and business relationships.
Audit readiness is the process of ensuring that your financial records, supporting documentation, and internal controls are complete and in order before auditors begin their work. This preparation reduces audit costs, accelerates the process, and ensures that the audit opinion reflects the true state of your business.
Our audit readiness service is designed for businesses that want to approach their audit with confidence. We review your records, identify and resolve gaps, prepare supporting schedules, and compile a comprehensive audit file that gives auditors everything they need.
What We Prepare for Your Audit
Our audit readiness service covers all the elements that auditors typically examine: bank reconciliations, debtors and creditors confirmations, fixed asset registers, intercompany reconciliations, revenue and expense cut-off testing, and statutory compliance documentation.
We also prepare working papers that explain significant transactions, accounting policy choices, and any estimates or judgements in your financial statements. This proactive documentation saves significant time during the audit and demonstrates to auditors that your financial management is professional and well-controlled.
Who Is This For?
- Companies facing statutory audit
- SMEs preparing for due diligence
- Organisations with donor funding
Engagement Requirements
- Trial Balance
- General Ledger
- Prior Audit Report
Deliverables & Results
- Pre-audit assessment and gap analysis
- Bank and inter-company reconciliations
- Fixed asset register review
- Creditor and debtor confirmations
- Supporting schedules and working papers
- Audit file assembly
- Recommendations for process improvements
- Liaison support during the audit (if requested)
Trusted Resources
Our Operational Methodology
A structured, 5-step approach designed for precision and clarity.
We assess the state of your records and identify items that need attention.
We resolve discrepancies, prepare missing schedules, and complete reconciliations.
We compile a structured audit file with all required documentation.
We confirm that records are ready and brief you on what to expect.
If needed, we liaise with auditors during the engagement to respond to queries.
Common Questions
Everything you need to know about our audit readiness service.