Certified Audit Program

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Do you know a Florida business that remits Florida sales and use tax? If so, participation in the Certified Audit Program could benefit them and you.

Established in cooperation with the Florida Institute of CPAs and the Florida Department of Revenue (DOR), this program was created to increase voluntary compliance by taxpayers, and is a true form of privatization.

Under the Certified Audit Program, taxpayers are able to hire specifically trained and DOR-approved CPA firms to conduct sales, use and local-option tax audits in accordance with DOR standards and the technical standards of the CPA profession.

To encourage business entities to participate in this voluntary program, some strong incentives have been built into the program. For example, taxpayers participating in the Certified Audit Program receive:

  • A waiver of all penalties;

  • Abatement of the first $25,000 in interest, 25 percent of any interest over $25,000; and

  • An approved certified audit report that closes the taxpayer from any further audits by the DOR for the period and the tax that was audited.

Other benefits include the ability to deduct the cost of hiring a CPA as a normal business expense, and the ability of the business entity to schedule the certified audit at its own convenience.

As of June 2012, the collections under the Certified Audit Program total over $42.8 million - money that may never have come to the state.

Florida taxpayers now have the option of using a Certified Auditor to conduct a sales tax audit for a transferee liability certificate.  For more information, see the Florida Department of Revenue website or contact Brenda Hubbard at Hubbardb@ficpa.org.

The Florida Institute of CPAs is NASBA QAS approved.

The Florida Institute of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a Quality Assurance Service (QAS) sponsor of continuing professional education. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding QAS program sponsors may be submitted to NASBA through its website: www.learningmarket.org.

QAS sponsorship applies to self-study programs only; QAS sponsors are able to award one credit for every 50 minutes of self-study.

For more information on FICPA CPE policies for self-study such as refunds or complaints, contact the Member Service Center at (800) 342-3197 or (850) 224-2727 or by e-mail at msc@ficpa.org.