Any practitioner responsible for planning, directing, or conducting a certified audit or reporting on a participating taxpayer‘s tax compliance shall be a qualified practitioner. For purposes of this Section, a qualified practitioner is responsible for:
         (1) planning a certified audit when performing work
    
that involves determining the objectives, scope, and methodology of the certified audit, when establishing criteria to evaluate matters subject to the review as part of the certified audit, when gathering information used in planning the certified audit, or when coordinating the certified audit with the Department;
        (2) directing a certified audit when the work
    
involves supervising the efforts or reviewing the work of others to determine whether it is properly accomplished and complete;
        (3) conducting a certified audit when performing
    
tests and procedures or field audit work necessary to accomplish the audit objectives in accordance with applicable professional standards;
        (4) reporting on a participating taxpayer’s tax
    
compliance in a certified audit when determining report contents and substance or reviewing reports for technical content and substance prior to issuance; and
        (5) answering questions by Department review staff,
    
answering questions raised by the Informal Conference Board, and testifying in any administrative or court proceeding regarding the audit or report.

Terms Used In Illinois Compiled Statutes 50 ILCS 355/10-25

  • Audit: means an agreed-upon procedures engagement in accordance with Statements on Standards for Attestation Engagements (AICPA Professional Standards, AT-C Section 315 (Compliance Attestation)). See Illinois Compiled Statutes 50 ILCS 355/10-15
  • Department: means the Department of Revenue. See Illinois Compiled Statutes 50 ILCS 355/10-15
  • Participating taxpayer: means any person subject to the revenue laws administered by the Department who is the subject of a tax compliance referral by a municipality, county, or third party, who enters into an engagement with a qualified practitioner for a limited-scope tax compliance review under this Act, and who is approved by the Department under the local government revenue recapture certified audit pilot project. See Illinois Compiled Statutes 50 ILCS 355/10-15
  • Qualified practitioner: means a certified public accountant who is licensed or registered to perform accountancy activities in Illinois under Section 8. See Illinois Compiled Statutes 50 ILCS 355/10-15
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