Baker Tilly International Go/No Go Check List
Audit
Score Legend
| Color |
Points |
Decision |
| 🟢 Green |
10+ Points |
GO |
| 🟡 Yellow |
5-9 Points |
Speak to SL or SSL leadership |
| 🔴 Red |
1-5 Points |
NO GO |
Basic Information
| Field |
Value |
| Client Name: |
|
| Client Contact: |
|
| Lead Firm Name: |
|
| Lead Firm Contact: |
|
1. Opportunity Details
| # |
Question |
Details |
| 8 |
What sort of audit opportunity is it? |
[insert details] |
| 9 |
How many locations involved in this opportunity? |
[insert details] |
| 10 |
List any locations included in this opportunity where we do not have a Baker Tilly firm. |
[if no insert details] |
| 11 |
Where is the client HQ? |
[insert details] |
| 12 |
Who is the competition? |
[insert details] |
1. Client Background and History
If you answer yes, you will score 1 point, if you answer no you will score 0 points
| # |
Question |
Yes / No / Not applicable |
Insert details |
| 14 |
What is the client's business and industry? |
|
[insert details] |
| 15 |
There have been no significant changes in the client's business operations or structure recently? |
- |
[if no insert details] |
| 16 |
Does the sector and/or client come with a reputation which we are comfortable that Baker Tilly is associated with? |
- |
|
| 17 |
Are there any previous audit reports or findings that need to be considered? |
|
[if yes insert details] |
2. Financial Information
If you answer yes, you will score 1 point, if you answer no you will score 0 points
| # |
Question |
Yes / No / Not applicable |
Insert details |
| 19 |
Has the client provided financial statements or balance sheet? |
- |
[insert details if needed] |
| 20 |
Are the client's financial statements complete and accurate? |
- |
[insert details if needed] |
3. Regulatory Compliance
If you answer yes, you will score 1 point, if you answer no you will score 0 points
| # |
Question |
Yes / No / Not applicable |
Insert details |
| 22 |
Does the client comply with all relevant regulatory requirements and standards? |
- |
[if no insert details] |
| 23 |
The client has no pending legal or regulatory issues that you know of that could impact the audit? |
|
[if no insert details] |
| 24 |
The client has been subject to no regulatory investigations or penalties? |
- |
[if no insert details] |
4. Risk Assessment
If you answer yes, you will score 1 point, if you answer no you will score 0 points
| # |
Question |
Yes / No / Not applicable |
Insert details |
| 26 |
There are no key risks associated with the audit? |
- |
[if no insert details] |
| 27 |
Have you completed a conflict check? |
- |
[insert details] |
| 28 |
Are you and other BTI member firms independent with the meaning of local and IESBA rules? |
- |
[if no insert details] |
5. Resource Allocation
If you answer yes, you will score 1 point, if you answer no you will score 0 points
| # |
Question |
Yes / No / Not applicable |
Insert details |
| 30 |
What resources are required for the audit (personnel, time, budget)? |
- |
[insert details if available] |
| 31 |
Does your firm have the scale, seniority and degree of expertise available at the right time to report in accordance with the client's schedule? |
|
[insert details if needed] |
6. Reporting Requirements
If you answer yes, you will score 1 point, if you answer no you will score 0 points
| # |
Question |
Yes / No / Not applicable |
Insert details |
| 33 |
Do we understand reporting rules, regulatory environment and stakeholder expectations? |
- |
[insert details if needed] |
