Tax audit strengthens compliance by testing declarations and accounting systems, deterring under declaration and manipulation. Objective of audit is to measure taxpayer compliance by examining declarations and the accounting systems that produce declared liabilities. Audit tests ... Summary
Tax audit strengthens compliance by testing declarations and accounting systems, deterring under declaration and manipulation.
Objective of audit is to measure taxpayer compliance by examining declarations and the accounting systems that produce declared liabilities. Audit tests accuracy and credibility of declared or assessed tax liabilities, deters and prevents under declaration, manipulation, omission, error or deliberate deception, and aims to discover under declared liabilities through effective audit planning and implementation.
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