What is the most painful part of tax audit preparation today.
CAs and finance professionals:
Think about the last tax audit you worked on.
- What went wrong?
- What took longer than expected?
- What required the most follow-ups?
- Where did you spend most of your time?
- What do you wish someone had automated for you?
I'm trying to understand whether the biggest challenge is:
- collecting data,
- chasing people,
- validating numbers,
- reconciling mismatches,
- preparing documentation,
or something else entirely.
Would love to hear real experiences.