Please create a detailed checklist for evaluating the readiness of [Company] for an upcoming audit, focusing on compliance with regulatory standards such as [RegulatoryBody] and internal best practices. This should cover documentation review, process alignment, data accuracy, and evidence collection for [AuditType]. Provide a timeline with key milestones to be met for each phase of the audit preparation. The checklist should be organized by audit areas, including financial records, internal controls, and data privacy procedures, with corresponding action items for each.