These are the Ten Essentials that are required for Search and Rescue. The list is also useful for anyone headed out on a hike.
Navigation — GPS, fully charged phone with off-line maps, map and compass
Whistle
Change of Clothing (non-cotton)
Two Light Sources (one must be hands free)
Personal First-Aid Supplies
Two Fire Sources (waterproof matches/lighter/candles)
Knife
Food for 48 Hours
2 Liters of water
Emergency shelter
Additional Equipment:
Backpack
Leather Gloves
Eye Protection
Waterproof Paper and Pen
This REI Article Discusses the Ten Essentials