Time Spent on Largest Corporation Audits
with Assets of $250 Million or More

Fiscal Year Audit Intensity (hrs/return) Percent CIC*
Total CIC* Regular
2002 1,210 1,741 397 58%
2003 1,205 1,750 393 58%
2004 950 1,442 390 51%
2005 975 1,465 363 54%
2006 941 1,585 335 49%
2007 973 IRS Withholds 2007 Breakdown
2007 vs 2002 -20%

* Cordinated Industry Cases - indepth audits of the largest corporations (may involve multiple returns because of inter-related corporated structures).

Transactional Records Access Clearinghouse, Syracuse University
Copyright, 2008