TaxConnex
FEBRUARY 3, 2022
Bad luck for one, or a customer of yours undergoing their own audit might produce one of your invoices, resulting in the auditor possibly contacting you for an exemption certificate or other documents. An audit of one of your suppliers could turn up one of your exemption certificates for a transaction that the auditor may think is taxable.
TaxConnex
SEPTEMBER 7, 2023
In Arizona , for instance, sales to nonprofits are generally not exempt but retail sales usually are. During a sales tax audit, one of the first requests from the auditor will be for copies of all exemption certificates for any exemptions claimed on sales tax returns. But as always with sales tax, rules vary state to state.
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Going Concern
SEPTEMBER 18, 2023
” Interested individuals in the financial services industry — such as tax accountants, forensic accountants auditors, controllers and treasurers — can learn more and apply through the job announcement. More than the number, auditors are exiting big names, which used to be a rarity.
Going Concern
JANUARY 19, 2024
ICYMI | Get Ready for the Future of Auditing [ CPA Journal ] The increasing use of technology is changing how businesses operate, which methodology and technology auditors use, and what career paths they follow. Arizona Auditors Found $1.8 Million in Fraud and Theft in 2023 [ Arizona Mirror ] State audits uncovered more than $1.8
Going Concern
DECEMBER 9, 2022
The move would boost competition for US law firms, who are already seeing non-lawyer-owned legal operations gaining footholds in states such as Arizona and Utah that are testing new service-delivery models. Britain’s biggest companies and their auditors are playing a £10bn game of musical chairs. Do you have a wandering eye?
Withum
SEPTEMBER 16, 2022
Alabama, Alaska, Arizona, Colorado, and Louisiana are “home rule” states which permit the municipalities or counties to govern themselves with certain restrictions. Also, many states are hiring more sales tax auditors to audit more companies and identify related vendors who may not comply with sales tax.
Going Concern
AUGUST 14, 2023
In this environment of increased scrutiny of auditors, audit firms must double down on a culture of integrity and ensure that they have quality control systems in place to enforce compliance. There’s not any sort of regulation around who can be an auditor ,” Rood said. “My My guess is that changes … but that doesn’t exist today.”
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