Audits

Receiving a letter from the IRS can be extremely stressful for many of us. Its very easy to make critical mistakes when dealing with the IRS. Here's of 13 tips you should know when facing an IRS audit.

The Phoenix office of Grant Thornton LLP, is pleased to announce that Katie Westgard, CPA, has been promoted to a manager in the Audit Services Department.

This article provides information regarding the underlying significance behind audit practices, and describes how there's more to tell behind the numbers.

Wasteful governemnt spending is expected to some degree. Now that an audit of the Department of Justice revealed the agency paid $16 for muffins, some backlash is probably expected.

If you are facing the potential of an IRS audit, likely one of the decisions you are grappling with is whether you should seek out and hire some sort of professional representation. Here are the facts.

If the IRS advises you that your tax return has been selected for an audit, I'm sure you will have a swell of questions come flooding into your mind. Here are some FAQs regarding IRS audits.

If the IRS makes contact with you outside of the traditional spring filing season time frame, it could be because a possible audit is underway. Here are the basics that govern any and all IRS audits.

Government agencies, just like private companies, need trained internal auditors to prevent fraud, waste and abuse. The Institute of Internal Auditors provides a special Certified Government Auditing Professional designation to qualified applicants.

Every Project Management Professional (PMP) application has a chance of being audited. Your best strategy for "surviving" a PMP Exam audit successfully is to be truthful, know what will be asked of you, and proactively prepare your your PMP application.

Like many other cities, Cincinnati is struggling with debt, public employee layoffs and angry taxpayers. A majortity of city council members want Ohio Auditor Dave Yost's team to conduct performance audits before creating the 2012 budget.

In an effort to bridge the gap between tax dollars owed and tax dollars collected, the IRS is tasked with both the collection of current taxes due, and, for some, the focus is on key areas of non-compliance. The way this gets done? An IRS audit.

The Columbus City School District has made healines multiple tiimes this year due to theft of taxpayer funds by two principals, low academic performance scores, baffled board members and state audit findings.

Companies using QuickBooks accounting software have greater risk in IRS audits, or IRS examinations to include other tax periods not otherwise considered. We discuss three things you can do to reduce your audit risk and exposure.

How about accounting and auditing relating to the green economy? How does that work? When we published this article, this had attracted a lot of attentions from readers worldwide.

Find out what it means for a business to be audited and why certain companies need to undergo this process.

IRS audit. Two words that no one particularly likes to hear, especially when they are used together. If you have received notice that the IRS is planning to audit you, what should you do?

Learn how to conduct a simple energy audit of your own home. A few quick investigations can tremendously reduce your power bill and energy consumption.

Save money by conducting your own energy audit.

Many utility companies will provide you with a free energy audit to help you save money on your usage. An energy audit by the Central New Mexico Electric Cooperative trimmed my bill by quite a bit.

Most utility companies offer residential energy audits. The fee is small and the savings can be big.

My ex-husband and I opened a small coffee shop in our late twenties. A little over a year after starting our business we were audited. It literally ruined our business and was in part to blame for our divorce. All of it could have been avoided.

About 10 years ago, I was audited by the IRS for back taxes. However, I was able to reduce what I owed, and I even worked out a deal with the IRS.

In an IT audit of an IBM mainframe and the related RACF security subsystem, DSMON reports provide essential information. This article covers the ten most important DSMON reports on mainframe security.

IT auditing adds value to an organization by reducing risks, improving security, complying with regulations and facilitating communication between business and technology management. This article is written by experienced IT auditors.

Tracking your expenses is an integral step in managing your business' finances. Unfortunately, merely writing down what you spend doesn't cut it anymore. Follow these tips to make sure you're prepared for an audit!