🌟 Accounting Reconciliation and Record Preparation for Tax Inspection and Audit
Why do businesses need this service?
Tax inspections and audits are regular activities conducted by government authorities. At any time, companies may be required to present their accounting books, tax returns, and supporting documents for review.
In reality, many businesses face challenges such as:
- Accounting books not updated consistently or lacking accuracy.
- Misstatements or improper bookkeeping, leading to discrepancies.
- Missing or incomplete supporting documents.
- Risks of back tax collections, penalties, or disallowed expenses during corporate income tax finalization.
The Accounting Reconciliation and Record Preparation service by Veritas Trust is designed to reconstruct, standardize, and reconcile accounting records, ensuring businesses are fully prepared for tax inspections and audits.
Scope of Service
- 📑 Comprehensive review of accounting books (General Ledger, AR/AP, Payroll, Fixed Assets).
- 🧾 Cross-checking invoices, contracts, and vouchers for legality and validity.
- 📊 Adjusting erroneous entries in compliance with Vietnamese Accounting Standards (VAS).
- 🔎 Standardizing financial statements to match submitted tax returns.
- 📌 Preparing supplementary reports and explanations required by tax authorities.
- 🕒 Advisory and support for internal accountants throughout the inspection process.
Benefits for Businesses
- Ensure legal compliance and transparency of accounting records.
- Minimize tax risks caused by bookkeeping or filing errors.
- Optimize deductible expenses recognized during CIT finalization.
- Strengthen credibility with tax authorities, banks, and investors.
- Save time and resources, avoiding business disruption during inspections.
Service Fee – Accounting Reconciliation and Record Preparation
- One-off service fee: VND 26,886,000 (~USD 1,068).
- ⚠️ Note: Additional fees may apply depending on revenue scale and business sector.
Why Choose Veritas Trust?
- Multidisciplinary expertise – extensive experience with both local and foreign-invested companies.
- Professional and transparent – accurate handling of records in full compliance with regulations.
- Long-term partnership – not only preparing for inspections, but also building a sustainable accounting system.
🎯 Veritas Trust – Trust Built on Truth
With Accounting Reconciliation and Record Preparation for Tax Inspection and Audit, Veritas Trust helps businesses:
- Proactively prepare for tax inspections and audits.
- Protect their legal rights and optimize deductible expenses.
- Enhance financial transparency and credibility with stakeholders.
📌 Veritas Trust – Your trusted partner in tax and audit compliance.
