Preparing a board pack your auditors can use
Most audit delay is not technical. It is missing schedules. This is the pack we ask management to have ready before we arrive.
Before fieldwork
- Final trial balance and mapping to the financial statement lines
- Lead schedules for cash, receivables, inventory, payables and loans
- Related-party listing and directors’ interests
- Bank confirmations requested in good time
- Board minutes for the period under audit
Why it matters
When this pack exists, we spend time on judgement, not on reconstructing the books. Boards get an earlier opinion and a management letter that is about control, not about late information.
If you want a checklist tailored to your year-end, write to the firm. Related notes: grant audit evidence and IFRS judgements.