tailieunhanh - SIXTH MEETING OF THE OECD FORUM ON TAX ADMINISTRATION

The auditor must be independent of the issuer and — in the case of mutual funds, independent of the investment company complex. Audit committees should be familiar with the statutory and regulatory independence requirements for auditors, including requirements that the auditor advise the audit committee of any services or relationships that reasonably can be thought to bear on the firm’s independence. The technical competence of the auditor alone is not sufficient to ensure a high-quality audit. The auditor also must exercise a high level of objectivity and professional skepticism. The audit committee’s interactions with the auditor during the audit provide a. | Sixth meeting of the OECD Forum on Tax Administration Joint Audit Participants Guide TABLE OF CONTENTS 1. When to consider a joint Organizing and 2 Participants of a Joint JA participants and their Skills required of the JAC and JA Team Authority of the JAC and JA Team 3 Case Domestic Case How to Initiate a Joint JAC Case Selection 4 Joint Audit Planning How to prepare for the JA Planning Purpose of the JA Planning Joint Audit The time schedule of the Communication Agreement of the JA 5 The Joint Audit Audit Risk Audit Communication during the Audit Progress Escalation Procedure for unforeseen circumstances or potential divergences from the JA 6 The Final Stages of the Joint . When to consider concluding a Final meeting of JA Final Audit report s .12 Final Closing Meeting with the Final Joint Audit ANNEX 1 STEPS OF A JOINT ANNEX 2 JOINT AUDIT PROPOSAL 15 2 1. Introduction 1. There has been an unprecedented increase in the mobility of taxpayers and cross-border economic activity. Multinational corporations operate globally their operations and financial affairs are complex and cross many tax jurisdictions. This environment makes it extremely difficult for any single tax jurisdiction to fully engage with taxpayers operating on a global level. 2. Exercising powers in an international context is considerably more circumscribed for tax administrations than for internationally operating companies because the direct powers of a tax administration are .