- NY Credits : 2.0
- TX Credits : 2.0
Sales and Use Tax - Conducting the Sales and Use Tax Audit
Upon successful completion of Sales and Use Tax - Conducting the Sales and Use Tax Audit, the user should be able to:
determine the financial records the state and local sales tax auditors request to conduct the sales and use tax audit and the responsibilities of the business to provide records, space, and contact personnel for the auditor;
identify how to prepare for the initial audit conference and understand the types of information that will be requested, as well as, the audit sample methodologies and sample agreements the auditor may use during or as a result of the information obtained at the initial audit conference;
recognize audit procedures and testing performed by sales tax auditors; and
recognize what the audit workpapers should include, the purpose and goals of an audit exit conference, and the remedies available when a taxpayer does not agree with the auditor's findings.