Pre-tax audit statistical sampling
Incoming and outgoing invoices provide important information about the scale of indirect tax risks within the company. Partial observations and statistical sampling provide access to that information.
Statistical sampling has the added benefit of allowing the determination of the exact amount of any supplementary tax assessment. In our working method, we use the same parameters that the tax authorities use. For this reason, the tax authority also prefers sampling as a monitoring method. If an organization chooses a different method, then the tax authority will conduct a sampling itself in those cases.
A "pre-audit" statistical sampling offers insight into the tax risks that an enterprise encounters with respect to indirect taxes.
Furthermore, for the tax department, this is an excellent way to get indirect taxes higher on the list of priorities, since the quantitative result is understood by a CFO.
In addition, giving only instructions and training is, in practice, insufficient for keeping "control." A periodic audit can help establish whether internal instructions are actually observed, whether they are adequate and whether they require adaptation to new transactions, for example.