Financial Compliance Audit Checklist

1. Financial Policies & Procedures

• Policies and procedures are documented and up to date
• Staff are trained on financial policies

2. Internal Controls

• Segregation of duties is enforced
• Access to financial systems controlled

3. Accounting & Reporting

• Financial statements are regularly prepared
• Bank reconciliations are performed

4. Regulatory Compliance

• Compliance with tax filing requirements
• Reports filed as required by law

5. Record Keeping

• Financial records are complete and retained
• Document retention policy is followed