Manuals & Guides

VITARA Reference Guide: The Audit Program

January 28, 2025

Download PDF More Formats on IMF eLibrary Order a Print Copy

Preview Citation

Format: Chicago

Inter-American Center of Tax Administrations, International Monetary Fund, Intra-European Organisation of Tax Administrations, and Organisation for Economic Co-operation and Development. VITARA Reference Guide: The Audit Program, (USA: International Monetary Fund, 2025) accessed February 28, 2025, https://doi.org/10.5089/9798400290145.069

Export Citation

  • ProCite
  • RefWorks
  • Reference Manager
  • BibTex
  • Zotero
  • EndNote

Summary

This VITARA Reference Guide provides a solid understanding of audit as a key tool available to a tax administration to promote and enforce compliance. The guide explains international good practices in designing and managing an effective audit program including the necessary legal powers, audit-related organization, and governance arrangements as well as the staff expertise and resources needed for audit and auditor performance evaluation. It focuses on practical issues such as how audit cases are selected, the different types and scope of audit, and audit methods that are available to staff. It also discusses the concepts of audit integrity, audit quality assurance, and the Random Audit Program as well as electronic audit tools and how they can be used in conducting audits. A potential annual operational performance dashboard that can be implemented to allow program monitoring throughout the fiscal year is also included. Finally, the guide highlights the key components of an audit process.

Subject: Audit standards and procedures, Auditing, Public financial management (PFM), Revenue administration, Revenue performance assessment, Tax administration core functions, Tax audits, Tax gap

Keywords: Asset betterment method, Audit, Audit case selection, Audit manager, Audit program, Audit standards and procedures, Auditing, Cash expenditure, Compliance, Compliance risk management, Global, Percentage markup, Revenue, Revenue administration, Revenue mobilization, Tax, Tax administration, Tax administration core functions, Tax audits, Tax gap

Publication Details