Petrols can take a bit of a drink and still live (diesels can't - a capfull of water into a diesel will bend all the rods).
First check the oil, see if its cloudy, if it is change it and the filter - that goes for gearbox etc as well.
Pull the plugs out, pull the piping off the intake/turbo/intercooler etc and make sure there is no water in there, the last thing to want to do is suck more in, and turn it over on the starter motor, if you see water spitting out the plug holes its had a drink, keep turning it over untill its not spitting anything out, put the plugs in and have a go starting it with the aircleaner out (that needs to go in the bin if it got wet).
If it doesn't start, but turns over happily its quite likely you've sucked water into the electronics and its just a matter of waiting for them to dry out, if its making noises, chances are you've bent a rod and its going to be expensive.
If it starts but doesn't sound right TURN IT OFF and take it to a mechanic, an engine with a slightly bent rod can run, but at the slightest rev can snap and punch a hole in the block (I've seen it happen with my own eyes).
If its had water over the level of the ECU chances are the insurance co will write it off regardless.
Thank your lucky stars its not a diesel, that WOULD be dead, this might be ok if you are lucky.
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