The following records will be needed for the audit:

1. Factor aging as of the audit date

2. House / non-factored aging as of the audit date

3. Factor statements for the last 12 months 

4. Summary A/P aging as of the audit date and as of the latest financial statement

5. Certificate of insurance covering personal property, liability & workers comp   with the factor named as loss payee

6. Inventory breakdown as of the latest financial statement, if applicable

7. Copy of the latest financial statement & trial balance, as well as latest FYE

8. Federal (941's) & State (DE 6 & 7) payroll tax returns for the last 4 quarters plus payments made since the last quarter end

9. Sales tax returns for the last 4 quarters, if applicable

10. Copy of the last 3 bank statements and reconciliations

11. Check register for the last 3 months

12. Name & phone number of corporate attorney

13. Name & phone number of CPA

If you have any questions, please give me a call at 818.730.3926 or send me an e-mail to roy@ablaudits.com.