Audit indicators, risk review and partial audit simulation

What it covers

Field audits do not arise by chance — they follow measurable figures drawn from the business’s own data. The seminar shows which values the tax administration analyses, how they come about and how a business can recalculate them from its own figures. It covers the summary risk assessment, the partial audit simulation, chi-squared and modal-value analyses and the weekly-value analysis. The aim is not to alter any figure but to know it and be able to evidence where it comes from: a figure that stands out is rarely wrong — it is usually unexplained, and an explanation backed by evidence counts for more before the first contact than any discussion afterwards.

Programme

1. Forensic analysis and simulation. Quantitative clarification of the facts and proactive audit preparedness.
2. Audit indicators as a preventive instrument. The tax administration's selection mechanisms and how to steer them deliberately.
3. Implementation without heavy effort. Moving from actual to target state with a lean routine in day-to-day practice.
4. Structured analysis of the accounts. Revenue and purchasing accounts, identifying discrepancies.
5. Summary risk review in practice. Reproducing the official results and improving on the method.
6. Digital visualisation. Graphical presentation, weekly value analysis, spotting outliers.
7. Statistical procedures. Chi-squared, modal-value analysis, manipulation patterns and the limits of their evidential value.
8. Risk management in proportion. An early warning system and clear priorities instead of activity for its own sake.

Who it is for

• Tax advisers, auditors, specialist staff
• Lawyers specialising in tax and commercial law
• Business owners in audit-prone sectors
• Specialist auditors and internal auditors

What you will be able to do

• Follow how the summary risk assessment works
• Recognise which figures of your own business an audit would draw on
• Run a partial audit simulation on your own data
• Apply chi-squared and modal-value analyses correctly and place what they can show
• Use the weekly-value analysis to find outliers and unusual entries
• Look for the operational cause of every deviation in the data and evidence it
• Tell apart the anomalies that can be explained from those that stand
• Build a line of proof that refutes unfounded audit assumptions

„The war truly worth winning is the one that is never fought — and won without a battle."

Luca Gobbo

Speaker at
TeleTax · FSB GmbH Fachinstitut für Steuerrecht und Betriebswirtschaft · Kölner AnwaltVerein e.V.

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