Prepare for CRA Review
When it comes to audit services, we work proactively to have your company ready for audit. We set up processes and document procedures for ongoing clarity and transparency. When the time comes for CRA review, we work independently or in conjunction with your accountant to make the process as simple as possible. We understand audit procedures from our education and experience in HST/GST and government audits.
An audit by the Canada Revenue Agency can be stressful for a taxpayer, but a systematic approach to answering requests and an appropriate attitude about the process can reduce the challenges of the audit. The CRA conducts spot checks, reacts to inconsistencies in the information you submit and focuses on differences between your data and that of the people you deal with. The key is to respond promptly, supplying all the information necessary to clear up any problems. Harrop Scott & Associates understands the audit process and can support you through all stages of an audit.
The CRA advises you by letter that you have been selected for an audit and specifies the scope of the audit. You may be asked to submit particular receipts or records or all the receipts and records of a certain type, such as medical expenses, or you may be asked to prepare for an audit of your records in your home or place of business.
Contact us to find out additional audit and review services we can offer your company.