Data sharing continues to become more sophisticated each year. Our comprehensive Audit Shield Service Claims Activity Report demonstrates the real-world impact of audit activities and the value of protection services.

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Our Audit Shield service provides for the payment of our professional fees otherwise payable by you when incurred as a result of our accounting firm being required to respond, on your behalf, to an audit, inquiry, investigation, review or examination (audit activity) of your lodged returns or your financial compliance obligations instigated by the Australian Taxation Office (ATO) or other government revenue authorities.

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Data sharing continues to become more sophisticated each year

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Our Audit Shield service provides for the payment of our professional fees otherwise payable by you when incurred as a result of our accounting firm being required to respond, on your behalf, to an audit, inquiry, investigation, review or examination (audit activity) of your lodged returns or your financial compliance obligations instigated by the Australian Taxation Office (ATO) or other government revenue authorities.

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While we make every effort to prepare your financial accounts and tax returns as accurately as possible, just as you do for those you prepare, neither of us can prevent the Australian Taxation Office (ATO) or other government revenue authorities from randomly instigating audits on you or your business. When an audit occurs, it is often due to a specific crackdown using various data matching or other artificial intelligence sources. These methods have proven to be highly effective, and there are no indications that the ATO or other government revenue authorities will ease up on their efforts.

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