In a phone forum, representatives from the Internal Revenue Service (IRS) discussed how plan sponsors can prepare for and handle an audit. The presenters of the forum, titled “IRS Audit Initiative: ...

Preparation of an audit report can be intimidating for most companies. But it doesn't have to be. When preparing for an audit report it's important to understand audit report format, spend time ...

Financial audits get a bad rap. While certainly meticulous and often stressful, an audit shouldn't invoke absolute angst or dread in corporate finance teams. With the right preparation and mindset, ...

Safety audits are a great way to ensure that an organization adheres to the highest safety standards and regulations. They provide an objective assessment of workplace safety protocols, revealing both ...

With the Inflation Reduction Act upping the IRS' budget by $80 billion over the next 10 years, it's reasonable to expect more audits in your clients' futures. Processing Content Perry Green is chief ...

Conducting regular audits can help a small business identify problems and highlight strengths within the business. Employing the use of an audit checklist will not only help a small business review ...

It's the last thing most people want to see at this tax-paying time of the year: a plain brown envelope marked "Official Government Business" with the return address of the Internal Revenue Service.

We are often asked how to prepare for an IRS audit. The first and most important thing to know is that speaking directly with the IRS is not in your best interest. IRS Revenue Officers (auditors) are ...

An organization that is well-prepared for such an audit will make the process less stressful and time-consuming for everyone involved. Safety audits are a great way to ensure that an organization ...