audit-preparation

name	audit-preparation
description	Prepare for financial audits — document checklist, reconciliation review, internal control testing, timeline planning, and auditor communication. TRIGGER when: user says /audit-preparation, needs to prepare for a financial audit, or asks about audit readiness.
argument-hint	[audit type and timeline]
user-invocable	true

Audit Preparation

Process

Step 1: Understand Audit Scope

Element	Details
Audit type	External, internal, SOX, tax
Period	Fiscal year or specific dates
Auditor	Firm, lead partner
Timeline	Fieldwork dates, report deadline
Prior findings	Open items from previous audits

Step 2: Prepare Document Checklist

Category	Documents	Status
Financial statements	Trial balance, P&L, balance sheet	☐
Bank	Statements, reconciliations	☐
Revenue	Contracts, invoices, recognition schedules	☐
Expenses	AP aging, vendor invoices, approvals	☐
Payroll	Registers, tax filings	☐
Equity	Cap table, board resolutions	☐
Legal	Contracts, litigation matters	☐

Step 3: Complete Reconciliations

Account	Reconciled	Variance	Explanation
Cash	☐	$X	[reason]
Accounts receivable	☐	$X	[reason]
Accounts payable	☐	$X	[reason]

Step 4: Test Internal Controls

Control	Test	Result
Segregation of duties	Review access	✅/❌
Approval workflows	Sample test	✅/❌
Journal entry review	Sample test	✅/❌

Step 5: Plan Auditor Interactions

Meeting	Timing	Purpose
Planning	4 weeks before	Scope, focus areas
Fieldwork kickoff	Day 1	Logistics, open items
Exit meeting	End	Findings, adjustments

Output Format

## Audit Prep: [Type] — [Period]
### Document Status: [completion %]
### Reconciliations: [status table]
### Controls: [test results]
### Open Items: [prior findings]

Quality Checklist

• All required documents identified and located
• Reconciliations completed with explanations
• Internal controls tested and documented
• Prior findings addressed
• Communication plan in place

Edge Cases

• For first-time audits, expect longer timelines
• For SOX audits, focus on internal controls documentation
• If material weaknesses exist, prepare remediation plans proactively