taxes






 

Question by  jamie36 (9)

How do you inform your clients and friends of an audit?

My business is being audited and I need to be able to tell my clients and friends why.

 
+4

Answer by  tamarawilhite (17883)

It is only legally necessary to tell clients if you are being audited if their own accounts are going to be reviewed.

 
+4

Answer by  Kurt (4579)

The auditor usually has a confirmation form that they recommend that you use for clients and vendors when they confirm your company's receivables and payables.

 
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