Ca multistate audit technique manual

Multistate Audit Technique Manual: CALIFORNIA FRANCHISE TAX BOARD Internal Procedures Manual Page 1 of 68Multistate Audit Technique Manual _____ CALCULATION OF BUSINESS FTB MEO - Head of Household Audit Letter - webmaster@www.doorway.ru This section of the manual will discuss the development and application of the unitary concept and some of the key court and SBE decisions that have helped to shape the current interpretation of a unitary business. The following sections (beginning with MATM ) will focus on specific audit steps and techniques for performing a unitary audit. Audit Standards Ordering the Multistate Audit Technique Manual. INTRODUCTION. The Multistate Audit Technique Manual (MATM) is designed and intended to aid auditors in the performance of multistate audits. It contains discussions of statutes, regulations, court decisions, department policies, and audit techniques.

The numerator of the sales factor includes gross receipts attributable to California and derived by the taxpayer from transactions and activities in the regular course of its trade or business. Interest income, service charges, carrying charges, or time-price differential charges incidental to such gross receipts are included (CCR §(c)). The Multistate Tax Compact (MTC) is an agreement among participating states to facilitate the uniform administration of state taxes for multistate taxpayers. The MTC incorporates UDITPA, and establishes the Multistate Tax Commission. RTC § , although it has been repealed in California, it use to contain the complete text of the MTC. This section of the manual will discuss the development and application of the unitary concept and some of the key court and SBE decisions that have helped to shape the current interpretation of a unitary business. The following sections (beginning with MATM ) will focus on specific audit steps and techniques for performing a unitary audit.

These Audit Techniques Guides (ATGs) help IRS examiners during audits by providing insight into issues and accounting methods unique to specific industries. and effectiveness of an audit, a manual audit may be required if: • the taxpayer does not maintain books and records in electronic format;. CPA Canada Assurance Standards Reperformance techniques may be performed manually or through the use of computer-assisted audit techniques (CAATs).