Audit Selection

Discriminant Function System (DIF)
The Discriminant Function System (DIF) is an IRS technique using mathematical formulas programmed into computers to identify and select tax returns for examination. This secret system permits the IRS to rank the selected returns according to the greatest potential for tax error by weighing significant return characteristics.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.