Bank Audit Readiness Checklist
Minchala & Associates, Chartered Accountants

A branch and finance-team readiness checklist for bank audit schedules, confirmations, advances and control records.

Checklist
1. Keep branch trial balance, GL schedules and key reconciliations ready.
2. Compile advances, security documents, sanction terms and renewal records.
3. Prepare NPA, SMA, provisioning and exception reports where applicable.
4. Collect cash, bank, investment and confirmation records.
5. Review income recognition, charges, suspense accounts and overdue items.
6. Track audit queries, management responses and closing documentation.

Disclaimer: This checklist is general educational guidance only and is not professional advice. Requirements depend on facts, current law, portal records, due dates, notifications and engagement scope. A formal professional engagement begins only after acceptance, independence/conflict checks and document review.