Tax Audit Services

SAS | Tax Audit Service

Tax audit is an independent review of books of accounts of an entity by auditors required under the  Income Tax Act.
 
Tax auditing and filing tax return on time with transparency and clear records is an important task for any taxpayer which is subjected to audit. To achieve this, one needs an independent tax auditor to carry out the task. SAS is your best option and trusted confidante when it comes to us, our team of experienced and dedicated tax experts will provide value-added services to your accounts.
 
We truly understand the sensitivity and importance of tax for the companies and we make sure we keep top-level of ethical standards and top-notch quality in our services.
 
Our team of tax experts at SAS is in this profession for over a decade, and they have undertaken tax audits for several companies, whether small, medium, or large.
 
Difference between tax audit and statutory audit
A tax audit differs from a statutory audit on many grounds. A statutory audit is conducted to make sure proper reliability, transparency, fairness, and precision are maintained in the financial statements of the company. On the other hand, a tax audit is done for proper maintenance of books and to ensure that true data is reflected in the taxable income and deductions made by the firm.

Tax Audit Objectives
  • Ensuring proper maintenance and correctness of books of accounts.

  • Identification of discrepancies in the books of accounts by an auditor so that the same can be corrected and accurate accounts can be maintained.

  • Providing the required information, including tax deductions, depreciation, and compliance with various provisions of the law in the report format prescribed by the tax authorities.

  • Ensuring that the tax return is accurate and it is correctly filed as per provisions of the Income Tax Act.

Tax Auditing

We firmly believe that our clients are our biggest assets, and when it comes to carrying out customer-centric services, we need to stand in their shoes and deliver exactly what they are looking for. We understand you are looking for an auditor who engages properly into intricacies to understand all the rules, regulations, and complex laws of the Ghanaian tax system. We at SAS have a team of tax professionals who draw their expertise from diverse sources and decades of knowledge. We make sure we provide you with a seamless tax auditing service and tax compliance service.

The Process
  • Appointment of SAS

  • Acceptance of Engagement

  • Pre-audit meeting

  • Tax Audit planning

  • Tax Audit execution

  • Tax Audit Report

  • Follow-Up

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