What is an audit shield?
What is Audit Shield? ... Audit Shield provides comprehensive, cost effective protection against the substantial costs that may be incurred should the ATO or other government revenue authorities conduct an official audit, inquiry, investigation, review or examination.
Can you claim audit insurance?
Yes. Audits of Workers Compensation returns or financial compliance obligations initiated by a body authorised to conduct such an audit are covered.
Does audit shield need?
Is it mandatory to participate in the Audit Shield service? No, it is an optional service provided by our accounting firm to you, our client. You have the opportunity to participate in or decline our Audit Shield service offer.
What does audit shield do?
What is Audit Shield? ... Audit Shield provides comprehensive, cost effective protection against the substantial costs that may be incurred should the ATO or other government revenue authorities conduct an official audit, inquiry, investigation, review or examination.
What is audit shield Australia?
Audit Shield is a tax audit insurance solution that accounting firms can add to their suite of client service offerings. Audit Shield has been available to accountants and their clients since 2003 and is now accessible to accounting firms in Australia, New Zealand, and Canada.