Obligatory Audit - How Much Does It Need And What Can Penalties Be For Its Failure

Let's start with the responsibility for not conducting such services as compulsory audit. In many articles, on the Internet it is written that responsibility for non -performance of services is an obligatory audit of only 200 rubles, while Article 126 of the Tax Code of the Russian Federation is specified.

But not everything is so simple in "our kingdom". Russian legislation must be able to read between the lines. The most detailed description of this problem is here: http://obyazatelnyi-audit.narod2.ru

What is the main danger or problem? The thing is that apart from the direct responsibility for not providing an audit report to users of information, there is also legislation on the procedure for presenting information, for example, for societies with limited liability. For example, Federal Law No. 14-FZ, Article 36, paragraph 3 states that the auditor's report is directly related to information and materials that must necessarily be provided to participants in limited liability companies.

Further we pass to the administrative legislation: item 11 of article 15.21.1 of the Code of the Russian Federation establishes penal sanctions on legal entities from five hundred thousand to seven hundred thousand rubles !

That's responsibility, which will be higher than 200 rubles.

Now let's look at the advantages that the audit will bring to the enterprise.

Unconditional plus will be the auditor's assessment of tax risk, based on the results of mandatory or proactive audit and tax consultations that are carried out during the mandatory audit.

What can the auditor identify as a result of the audit - what is the audit risk?

In Russia, such taxes as profit tax and value added tax (VAT) are calculated on the basis of documents: acts, invoices, invoices. Also, it is necessary to take into account the terms of contracts, documents for payment: payment orders, receipts to incoming cash orders, cash order orders. Attention should be paid both to the correct filling of each requisite, and to the formulation of the grounds for payments.

Documents on the basis of which revenues are reflected, reflect turnover, and documents on the basis of which the costs are reflected, set reflects the reduction in tax.

So, it is necessary to carefully treat all documents coming to the enterprise.

We had a case where the client (meaning the company being audited) kept only documents for implementation (ie documents that reflect the company's revenue), and documents for expenses (invoices for the purchase of goods, acts of contractors) were thrown out and only auditors could help He change the strategy of the attitude to the primary documents.

Audit - whatever it is - mandatory or tax will reveal all the main drawbacks of accounting, but only if the auditors have 4-5 years of experience in the position of tax inspectors on field tax audits.

Otherwise, you can as it were said to dry the oars. Typically, with a turnover of 60-70 million rubles. The tax inspector can add up to 20 million rubles for 3 years of the enterprise's work. Additional taxes and penal sanctions at a rate of 20% that will make in relation to a gain up to 4 million rbl.

Thus, audit, necessarily with this type of services like tax advice, which it was not - mandatory, initiative, tax will help the enterprise and the benefit from it will be more than it costs.

In addition, it is necessary not to forget about such services as tax advice.