Includes drafts of letters to tax payers.
Contains detailed internal evaluation questionnaire.
Samples of walk through, audit plan, tables for trend and ratio analysis.
Details of verification work in the office before audit and during audit.
Covers latest case laws relating to audit and GST issues.
Contains guidance on ‘How to read financial reports?’
Discussion of relevant Accounting Standards.
About the Book
This book supplements and expands the concepts, guidelines, principles, details and working methods in the GST Audit Manual published by the government wherever it was felt that there is a need.
This book is divided into 12 chapters as follows:
Chapter 1: Overview of GST Law
Chapter 2: Objectives, principles and statutory provisions of department audit
Chapter 3: Selection of taxpayers for audit
Chapter 4: Preliminary work – Before allocation of audit
Chapter 5: Preparation for audit with the help of available and collected data and desk review
Chapter 6: Audit verification – conduct of audit
Chapter 7: Audit report and follow up
Chapter 8: How to Read Financial Reports/Statements
Chapter 9: Relevant Accounting Standards for the purpose of auditors
Chapter 10: Important decisions relevant for audit
Chapter 11: Common errors
Chapter 12: Modus operandi of frauds and detection of GST frauds