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Preparing Your Institution Today for Tomorrow’s Audit

Contains material from Aug 2024

Preparing Your Institution Today for Tomorrow’s Audit
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This session addresses navigating the shifting tax landscape of audits due to the increased IRS budget and innovative information technology and discusses current issues in higher education that are being audited by the IRS and state taxing agencies. This session also explores best practices to prepare your institution for examinations, inquiries and compliance checks in the near future, including managing additional risks from new or emerging issues, bolstering files, communicating compliance to campus units and updating executive management on risks and resources.

Includes: Video Audio Paper Slides

  • Total Credit Hours:
  • 1.00
  • Credit Info
  • TX, CA, PA
  • TX MCLE credit expires: 8/31/2025

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1. Preparing Your Institution Today for Tomorrow's Audits (Aug 2024)

Preston J. Quesenberry, Kyle R. ZumBerge

1.00 0.00 0.00 1.00
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61 mins
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61 mins
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Session 1 —61 mins
1.00
Preparing Your Institution Today for Tomorrow's Audits (Aug 2024)

This session addresses navigating the shifting tax landscape of audits due to the increased IRS budget and innovative information technology and discusses current issues in higher education that are being audited by the IRS and state taxing agencies. This session also explores best practices to prepare your institution for examinations, inquiries and compliance checks in the near future, including managing additional risks from new or emerging issues, bolstering files, communicating compliance to campus units and updating executive management on risks and resources.

Originally presented: Jun 2024 Higher Education Taxation Institute

Preston J. Quesenberry, KPMG LLP - Washington, DC
Kyle R. ZumBerge, The University of Texas - Tax Services - Austin, TX