Auditing & taxation is a field in which user examines organization’s or individual’s tax return to verify that financial data is being reported correctly. There are various processes involved in auditing & taxation like knowledge of various audit & taxation programs, how to verify or value assets and liabilities, latest tools and software applications that can be used in auditing & taxation.
Auditing & taxation further focuses on the meaning of capital gains, how it affects gross total income, when and how losses are carried forward, how aggregate income is derived, and finally calculating the tax liability.
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