The Computer Assisted Audit Program (CAAP): A program that can help cut the time a DOR auditor spends in your business during an audit.During our regular discussions with the Department of Revenue regarding efficiency measures that can help save taxpayers and state tax collectors time and money, it was suggested that we communicate to our readers the benefits of the CAAP. The program allows you to assemble electronic records in a way that allows them to be used by the state's auditors to more efficiently audit your records. The benefit to taxpayers is that the auditors can spend less time disrupting your normal workflow and the accuracy of the audit calculations should be enhanced because you eliminate some errors in transposition. The DOR has a website that tells more about the program:
DOR - Computer Assisted Audit Program Link
We encourage taxpayers to educate themselves about this tool and implement the CAAP program where appropriate.
