What Is Computerized Desk Audit

Most of the audit parameters are generated from the analysis of sales and purchase annexures.

What is computerized desk audit.

These computer auditing tools save the. This new utility envisages analysis of electronic data pertaining to e returns audit reports in form e 704 and annexures thereof uploaded by all the tax payers. Computerized desk audit background. Specialist may do a desk audit interview both you and your supervisor to obtain information about the kind and difficulty of the work you are doing.

Now the department has developed a system called as the computerized desk audit i e. The analysis is resulting in identification of various issues in which additional taxes are found to be payable by dealers. The computerized desk audit cda. The tool merges or reviews the data by the programmers or the accountants and the analysts and extract the data in the summarize form.

Computerized desk audit cda is an utility developed by department to analyse the electronic information uploaded by dealers through various e services. Benefits of a desk audit. The information that is processed and processed within a company is incalculable. An audit is an examination and evaluation often in regard to financial records or accounts which are checked for accuracy.

If your position is desk audited you should emphasize the major areas of your work and how your position fits into your unit s and agency s operations. Verify and clarify information in the pd and other documentation. The data and information generated in companies today are endless. Maharashtra sales tax department mstd has been selecting cases for issue based audits iba based on various audit parameters for the periods from 2008 09 onward.

As mstd started taking electronic annexure of sales and purchases from all dealers for the periods. Limited scope examination of documents and records away from the place of action. The desk audit is an opportunity for the employee to describe the responsibilities of his her position and provide illustrative examples. Desk audits will occur between the employee the classification specialist and the responsible division department manager.

Prepare for the audit. Get examples of work performed. A list of such dealers covered under cda is made available on mahavat. Computer auditing is the tool that facilitates the business in regard to data processing while putting a special concern to some targeted operations.

Companies increasingly need technology to work requiring complex software and computerized equipment to develop their activity in an optimized and efficient manner.