Tax audit as part of strategic planning

The article explains the relationship of tax audit and strategic planning, reveals their essence. Highlighted the objectives and main stages of the tax audit. It was also found linear dependence of tax load on various financial and economic indicators on the example of "ЭСКБ" Ltd. Due to the fact that a tax is a compulsory withdrawal in the state income of certain funds, is grounded desire of taxpayers to find legal ways to reduce their losses. Often, organizations do not enjoy the benefits under the tax laws, although such cases are rare. There may be situations when the update of the tax legislation in the field of preferences, providing for their increase, not noticeable at the beginning of their entry into force. Reasonable and lawful is the use of all legal possibilities to reduce tax burden. This is possible in the case of intelligent application of the legislation. Tax planning does not lose its relevance ever, neither in times of prosperity or in times of balancing on the brink of self-sufficiency, and in the worst case, on the verge of bankruptcy. A sound approach will reduce negative impacts of tax abuses and their impacts on the position of the company. Overall, the audit involves an independent verification of the statements of the audited entity with the purpose of expressing an opinion as to its validity. Due to the fact that such reporting contains a number of tax indicators generated outside of accounting, and the necessity of confirmation as a result of the audit requires auditors' knowledge and experience.