Accounting Internal Audit Classification Checklist Template
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Accounting Internal Audit Classification Checklist

This checklist is designed to assist in the Accounting Internal Audit Classification. Make use of it to ensure you cover all aspects for a thorough and effective audit.

Preliminary Review

  • Review Company's Accounting Policies

  • Review Previous Audit Reports

  • Assess Internal Control Systems

  • Check Tax Compliance

  • Examine Financial Documents

Audit Fieldwork

  • Perform Transaction Walkthroughs

  • Test Controls

  • Analytical Review

  • Check Journal Entries

  • Perform Trial Balances

Post-audit Activities

  • Plan for auditors' exit meeting

  • Prepare Draft Audit Report

  • Assembly of Audit Evidence

  • Communicate findings to management

  • Finalize and release the audit report

Follow-up Activities

  • Monitor Management's Action Plan

  • Follow-Up on Identified Issues

  • Assess effectiveness of the audit

  • Assemble archives for reviewed documents

  • Prepare for the next audit cycle

Prepared By: [YOUR NAME]

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