Post-Demerger Audit Readiness Checklist
Use this checklist to assess whether the demerged entity is prepared for audit review and to capture any gaps, evidence, and follow-up owners.
Entity and Audit Scope
Business Entity
*
Demerger Completion or Target Date
*
 -
Month
 -
Day
Year
2 digit month, 2 digit day, 4 digit year
Date
Reporting Period Under Review
*
Audit Type / Scope
*
Please Select
Internal audit
External audit
Readiness review
Compliance review
Financial audit
Other
Primary Business Function
*
Please Select
Manufacturing
Sales
Services
Logistics
Finance
Technology
Operations
Other
Responsible Department or Owner
*
Separation and Close Readiness
General ledger separation status
*
Complete
In progress
Not started
Blocked
Not applicable
Opening balance validation
*
1
2
3
4
5
Intercompany balances status
*
Fully reconciled
Partially reconciled
Pending reconciliation
Not applicable
Shared services allocation readiness
*
Not ready
1
2
3
4
5
6
7
8
9
Fully ready
10
1 is Not ready, 10 is Fully ready
Month-end close readiness assessment
*
Rows
Not ready
Partially ready
Ready
Close calendar finalized
1
2
3
Roles and responsibilities assigned
4
5
6
Journal entry process defined
7
8
9
Reconciliations completed
10
11
12
Reporting package tested
13
14
15
Legal, Tax, HR, Systems, and Supporting Evidence
Legal entity records status
*
Please Select
Complete
In progress
Not started
Other
Key contracts and agreements summary
*
Tax registrations and filings status
*
Please Select
Complete
In progress
Not started
Other
HR and payroll transition status
*
Please Select
Complete
In progress
Not started
Other
Systems and access cutover status
*
Please Select
Complete
In progress
Not started
Other
Open audit issues summary
Supporting documents uploaded
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Person completing checklist
*
First Name
Middle Name
Last Name
Contact email
*
example@example.com
Contact phone
Please enter a valid phone number.
Format: (000) 000-0000.
Submit Checklist
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