How to Prepare for Audit: Step-by-Step

Audits are inevitable for AI & Web3 startups seeking funding or operating cross-border. Preparation is critical.

Table of Contents

1. Step 1 — Documentation Collection
2. Step 2 — Gap Analysis
3. Step 3 — Remediation
4. Step 4 — Evidence Compilation
5. Step 5 — Mock Audit & Review
6. Conclusion

Step 1 — Documentation Collection {#step1}

• Contracts & agreements
• Policies & SOPs
• Data protection records (RoPA, DPIA)
• AML/KYC evidence

Step 2 — Gap Analysis {#step2}

• Compare practices to GDPR, MiCA, DORA, AML, and local rules
• Identify high-risk gaps

Step 3 — Remediation {#step3}

• Assign owners & deadlines
• Implement missing policies or controls
• Update evidence files

Step 4 — Evidence Compilation {#step4}

• Centralized repository
• Clear labeling & versioning
• Ready for auditors or investors

Step 5 — Mock Audit & Review {#step5}

• Internal or consultant review
• Address findings proactively
• Ensure all gaps are closed

Conclusion {#conclusion}

Structured preparation minimizes risk, improves funding chances, and ensures regulatory compliance.