How to prepare a complete regulated-audit file

Key points

• Clarify the legal and accounting context before setting the timetable.
• Provide current, consistent and traceable documentation.
• Document valuation methods, assumptions and significant risks.
• Allow time for questions, additional evidence and formal reporting.

Documents and timetable

This practical guide summarises the purpose of the assignment, the documents generally required, the main timetable considerations and the points that should be discussed with the relevant advisers.

Professional support

Lebrun Audit & Advisory supports executives, finance departments, international groups and fellow professionals with consolidation, financial reporting, audit and transformation matters.