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When you hear the term audit, you may immediately think of a team of IRS officers rummaging through your files looking for discrepancies and errors in your business's tax returns. However, financial ...
IRS audits don't happen at random. Certain transactions draw more scrutiny than others, and one type in particular ...
Audits are an important part of a compliance program and help monitor compliance obligations, identify non-compliance, and quantify overpayments. But, planning the audit is often just as important as ...
The authors of “ Eight Habits of Highly Effective Audit Committees” (Sept. 07, page 46) have identified relevant recommendations. However, these recommendations are for an audit committee that is a ...
The student file sample is a central part of compliance audit testing. The student-specific Title IV requirements and institutional policies are tested using this group of sampled records. The new ...
A performance review of internal audit proposals for the NSW public service has been hailed by the Institute of Internal Auditors-Australia as a model for governments throughout Australia. The NSW ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. The IRS statute of limitations stays open until you do. Could ...
Tulsa’s Office of the City Auditor has unveiled its Fiscal Year 2026 Annual Audit Plan, reflecting input from hundreds of residents and city employees who parti ...
(from left) Texas Attorney General Ken Paxton and Gov. Greg Abbott greet President Donald Trump at Dallas Love Field on Thursday, June 11, 2020, in Dallas. (Smiley N. Pool/The Dallas Morning ...