| COMPANY SPECIFIC | CLOSE CORPORATION SPECIFIC |
| 8 WEEKS TO PLANNED DATE | 8 WEEKS TO PLANNED DATE |
| – Inform client of audit date and confirm – Trial Balance and Bank authorisation requested |
– Inform client of audit date and confirm – Request initial Trial Balance |
| 6 WEEKS TO PLANNED DATE | 6 WEEKS TO PLANNED DATE |
| – Send client list of information required based on Trial Balance received | – Send client list of information required |
| 4 WEEKS TO PLANNED DATE | 4 WEEKS TO PLANNED DATE |
| – Request final Trial Balance | – Chase for final Trial Balance and information |
| 2 WEEKS TO PLANNED DATE | 2 WEEKS TO PLANNED DATE |
| – Follow up on final Trial Balance | – Follow up on final Trial Balance |
| 1 WEEK TO PLANNED DATE | 1 WEEK TO PLANNED DATE |
| – Follow up – Replan if not received |
– Follow up – Replan if not received |
Note:
If we are unable to receive the information required in a timeous manner, this will decrease the efficiency of the audit process and could potentially result in time wasted and an increase in audit cost.