Tax audit coordination.
Assess applicability and organise records for a qualified practising professional.
The right support.
With the details in view.
Prepare the books and evidence a practising tax auditor needs for the applicable audit. We review the business facts for an applicability discussion, organise the schedules and reconcile reporting inputs, while leaving the audit judgement, acceptance and report signing to the independently engaged qualified professional.
First, establish what applies
The relevant return, audit requirement and tax treatment depend on the taxpayer, tax period, income and transactions. Income-tax forms and provisions must be checked for the applicable year.
What the scoped work can cover
- Audit-applicability facts and document checklist
- Indexed schedules and reconciliation pack
- Query tracker and audit-filing handover record
The documents.
A clearer starting point.
Use this as a preparation list for the initial review. The final checklist is confirmed against the applicant, service route, location and current authority requirements.
- 01
Trial balance and general ledger for the reporting period
- 02
Bank statements, reconciliations and supporting transaction vouchers
- 03
Turnover/receipt, cash-transaction and activity details for applicability review
- 04
Fixed assets, inventory, loans and statutory-dues schedules
- 05
Tax deduction, related-party and expenditure classification working
- 06
Prior audit report, current-year notices and management explanations
Share sensitive records only through an agreed secure channel after the engagement is confirmed. Do not send passwords, OTPs or signing keys.
One step.
Then the next.
A clear sequence, with room to resolve the details that are specific to your business.
- 01
Assess the audit position
Review activity, receipts, transaction characteristics and the relevant year’s provisions.
- 02
Build the audit schedules
Organise ledgers, supporting evidence and the auditor’s request list.
- 03
Resolve reconciliation queries
Coordinate book-to-return and schedule differences with management.
- 04
Support report handover
Provide the agreed evidence and track signing, taxpayer acceptance and filing responsibilities.
Scope, fees and timing are agreed after review. Document readiness, professional review and any authority queries affect the schedule. Statutory charges, testing, execution and other third-party costs are identified where relevant.
Keep the next
responsibility in view.
Retain the accepted report and underlying schedules, carry agreed adjustments into the return and accounts, and address repeated control gaps before the next audit.
Explore obligations beyond your core businessGood questions.
Useful answers.
01Is tax audit the same as company statutory audit?+
No. They serve different requirements; a business may need one or both depending on its circumstances.
02Who signs the tax audit report?+
The appointed eligible practising professional signs after performing the required work; coordination does not constitute an audit opinion.
03Which audit form applies after the tax-law transition?+
The reporting period determines the applicable framework and form. Earlier-year reports may continue under the old forms.