Audit file preparation

Professional preparation of audit-ready documentation. Magrat accountants organize and compile all materials required by the auditor — clearly, accurately, and on time.

From500

Description

Preparing for an audit can be complex and time-consuming — especially for companies undergoing their first audit or facing tight deadlines. Our Audit File Preparation service helps you gather, organize, and structure all necessary materials into a complete, auditor-ready package.

We act as your support team during the audit preparation stage, reducing your internal workload and helping avoid delays, penalties, or missing information.

Included in the service:

  • Compilation of a full audit file based on your auditor’s requirements
  • Collection and structured organization of key documentation:
    • Financial statements
    • Accounting records and general ledger
    • Tax filings
    • Bank statements
    • Invoices and contracts
    • Corporate and shareholder documents
    • Payroll and HR data (if applicable)
    • Asset/inventory records (if applicable)
    • Explanations of significant or unusual transactions
    • Previous audit reports (if applicable)
  • Coordination with your auditor to address follow-up questions promptly

Preparation and delivery of the audit file in a clear and professional format

Timing

  • Standard preparation time: Up to 3 weeks after receiving prepayment and full documentation
  • The overall audit timeline depends on the agreement between your company and the auditor
  • We recommend starting preparation early to avoid last-minute delays

This service is especially useful if:

  • You’re preparing for your first audit
  • You have tight audit deadlines
  • You want to minimize administrative burden on your team

We do not conduct the audit as part of this service — we prepare and package the materials needed by your chosen audit firm.

Questions?