Audit trail, ready for the FTA.

FTA audit support guide. What auditors look for, how long to retain records, and how ETX makes every transaction defensible.

FTA audit basics

The FTA can audit any VAT or Corporate Tax filing within 5 years (sometimes longer for fraud).

Audits typically focus on three things: completeness (did you declare everything?), classification (right boxes?), and timing (right period?).

What auditors ask for

Source documents (invoices, contracts, bank statements), the trial balance, reconciliations, and the audit trail showing who changed what and when.

Retention rules

5 years for VAT, 7 years for Corporate Tax records, 5 years for customs records. ETX retains everything for the full statutory period, exportable to PDF.

ETX audit pack

One-click export: full GL, all invoices, bank reconciliations, VAT working papers, CT computation. Ready for the auditor in 90 seconds.