Audit Protection Service

Posted on 16th April 2015 by Andrew Sullivan

Recently you would have received a letter from us detailing our audit protection service offering. The ATO and other Government Agencies are getting tougher, and we strongly believe that it is vital that we offer protection to you from potential costly audits.

Should you be the subject of a random audit or investigation by the ATO, or the Office of State Revenue Western Australia (OSR), you could incur significant costs.  Even if there are no adjustments to the return, there would still be costs associated for us to prepare material for the ATO, or the OSR, and managing of the response process, all at their insistence.

We strictly adhere to industry best practice in the preparation of all work that we do.  No client of GeersSullivan has ever been audited by the ATO or the OSR and been subject to amendment, penalties or fines, where we were directly involved in the preparation of financial information which subsequently became subject to an ATO or OSR Audit. However, this does not prevent the ATO or the OSR from selecting our clients for a random audit or enquiry and being subject to a time consuming and tedious process as a result.

If you have any other queries about this offering, please do not hesitate to contact our office.