Accountants Versus ATO Super Computer
Listen to a Preview
Update Required
To play the media you will need to either update your browser to a recent version or update your Flash plugin.
  Running Time: 6:16 Date: 01/12/2011 Increased activity by the ATO means tax audits are on the rise. Tax audit insurance can offset expenses often accrued by accountants during the time-consuming audit or review process. The ATO's new 'super computer' has resulted in increased scrutiny of tax returns. This means accountants are spending more time responding to audit matters post-lodgement. According to Grant Keys, Director at Accountancy Insurance, this is time that's often unpaid or unrecovered. He says that a tax audit insurance policy can reimburse accountants for time spent responding to time-consuming audit matters. Grant Keys, Accountancy InsuranceTopics: Accounting & Tax |
 |