irs audits workpapers lack documentation of supervisory review scholars choice edition
IRS audit workpaperssupervisory review documentationtax audit deficienciesworkpaper compliance issuesaudit documentation requirements
IRS audits frequently uncover issues where workpapers lack adequate documentation for supervisory review. This critical oversight can lead to significant tax audit deficiencies, highlighting the importance of robust documentation practices to ensure compliance and avoid scrutiny. Understanding and rectifying these documentation gaps is essential for all financial professionals.