Assess whether your trial balance, reconciliations, schedules, contracts, controls, and prepared-by-client package are ready for external accountants.
Answer a few quick questions below. It is private - nothing is submitted or stored - and takes about a minute.
Informational business diagnostic only; not accounting, audit, tax, legal, investment, lending, or valuation advice.
Here is what the checker asks and why each step matters. Prefer to talk it through? Contact us and we will help directly.
A first-ever audit has no opening-balance history the auditor can rely on, which changes both the scope and the timeline.
Build a repeatable monthly close before you commission a first audit.
Official guidance: GAO Standards for Internal Control
Auditor-proposed adjustments and control letters are the sharpest signal of where this year's fieldwork will get stuck again.
Use the interactive tool above to see how this applies to your situation.
Official guidance: GAO Standards for Internal Control
A current, reviewed reconciliation on every material account is the single largest driver of a fast, low-friction audit.
Close the open reconciliations before fieldwork starts.
Official guidance: GAO Standards for Internal Control
Auditors test whether last year's findings were remediated; a repeat finding signals the close itself, not a one-off error, is the problem.
Remediate the recurring prior-year findings before you re-engage the auditor.
Official guidance: GAO Standards for Internal Control
Estimates and related parties are where fieldwork stalls; a written, evidenced memo prepared in advance keeps the auditor from developing your position for you.
Draft position memos for estimates and related parties before fieldwork.
Official guidance: GAO Standards for Internal Control
A firm date inside ninety days is what separates a normal readiness plan from one that needs a dated PBC tracker and an escalation path today.
Lock the PBC package and confirm the fieldwork timetable now. Keep the close disciplined and pre-clear anything new before the next cycle.
Official guidance: GAO Standards for Internal Control
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