What is Auditing? Financial auditing is simply re-examining the financial record of your organization or individual financial records to detect any discrepancies and compliance with standard accounting practice, applicable regulations and laws. External auditors come in to examine the accounting books, financial records and provide expert opinion on these records. Receiving the white envelope from…
Tag Archives: IRS Audit
05
Feb
Feb
The IRS audit and the avoidance of it are hot topics right now. Tax Accountants see audit apprehension in the eyes of anxious taxpayers every year at this time. The IRS audit has had a long time psychological hold over the imagination of taxpayers. “Please audit my tax forms. I think I filed perfectly. Can…