R 205.2010 Elements of audit report of findings.

Rule 10. The audit report shall disclose all of the following information: (a) The audit scope, methods, and procedures used, as well as books, records, and papers examined and relied upon to determine any tax deficiency or credit for the tax period or periods involved. (b) If the evidential matter warrants, a recommendation for penalty and interest, along with the basis for the recommendation, and the statutory authority providing for penalty and interest. (c) Whether the audited person is in agreement or disagreement with the audit findings. If the audited person disagrees with the findings, indicate the audited person’s basis for disagreement if the audited person has communicated a basis for disagreement.