Assessment of Tax Audit Practice in case of Addis Ababa Revenue Bureau Evidence from Merkato No.2 Branch Office
No Thumbnail Available
Date
2023-06-04
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
A.A.U
Abstract
The main objective of this study was to assess tax audit practice in case of Addis Ababa
Revenue Bureau Evidence from Merkato No.2 Branch Office. To achieve the stated
objective data were collected from both primary and secondary source, mixed research
design approach was used. Primary data were collected mainly through questionnaire
which were distribute 203 samples from 431 total from Addis Ababa Revenue Bureau
Evidence from Merkato No.2 Branch Office. The collected data were analysed using
descriptive statistical tools to assess tax audit practice. The results of this study revealed
that tax audit practice of the office has good in auditor independence, tax audit
preparation, tax audit effectiveness, tax audit implementation and engagement
performance those affect tax audit practice. Based on the result of the study it is
recommended that the concerned authority there should be strong commitments support
the tax audit to operate independently, the audit methodology and tools applied to the audit
should be well structured so as to be actively involved in audit process and to get
appropriate audit evidence effectively and efficiently. To make effective tax audit the office
should identify employees’ gap and conduct continues training program so as to update
auditors’ knowledge and to obtain better tax audit practice. The auditor should obtain the
acknowledgement and agreement of management and, where appropriate, those charged
with governance that they understand their responsibilities
Description
Keywords
Audit;Independence, Preparation, Effectiveness, Implementation, Engagement