Audit Triggers and How to Avoid Them

Why does the CRA select some taxpayers for audit while overlooking others? This module demystifies CRA audit triggers and offers actionable strategies for avoiding them. Participants will examine common audit flags such as large or unusual expense claims, persistent losses, discrepancies between T-slips and filed returns, and inconsistent GST/HST filings. With insights into CRA’s risk assessment models, sector-specific red flags, and recent audit trends, this module empowers CPAs to proactively guide clients in mitigating audit exposure through accurate reporting, clear documentation, and avoidance of common filing errors.