What types of documents should auditors prepare in advance of an audit?

Preparing a list of required documents including reports and policies is crucial for auditors as it establishes a clear framework for the audit process. This list typically encompasses legal documents, financial statements, compliance reports, internal policies, and other relevant documentation that will enable the auditor to assess the organization's adherence to regulatory requirements and internal controls. By compiling this list in advance, auditors can ensure that they have everything necessary to perform a thorough and efficient audit, allowing for a focused examination of the processes and systems in place.

The preparation of a comprehensive report on company history or marketing materials, while potentially useful in a broader context, does not directly contribute to the immediate needs of the audit process. Similarly, guidelines for client interactions may provide helpful insights into communication but do not address the fundamental documentation needed for assessing compliance and risk during the audit.