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Interesting and important points on tax audit

By: Material type: Mixed materialsMixed materialsPublication details: 2013Description: 60-65Subject(s): NLM classification:
  • 336.2
In: CHARTERED ACCOUNTANTMSummary: Audit report in simple words means an opinion given by an auditor, after performing audit and evaluation on the auditee's financial statements and books of accounts. Tax audit reports are supposed to be prepared carefully by the Tax Auditor. Any intentional or adverse mistake in reporting may reuslt in seizure or cancellation of certificate of the tax auditors. After all, it is an assurance for the users of audit report against auditee. Hence, the auditors must perform their duties honestly and diligently.
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Audit report in simple words means an opinion given by an auditor, after performing audit and evaluation on the auditee's financial statements and books of accounts. Tax audit reports are supposed to be prepared carefully by the Tax Auditor. Any intentional or adverse mistake in reporting may reuslt in seizure or cancellation of certificate of the tax auditors. After all, it is an assurance for the users of audit report against auditee. Hence, the auditors must perform their duties honestly and diligently.

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