Audit Prediction Values

Sponsor: Office of Finance

University: Claremont Graduate University

Status:  Completed

Link: Forthcoming

The Office of Finance conducts approximately 4,000 audits of businesses annually to ensure they are in compliance with City of Los Angeles business tax requirements.  Utilizing 12 years of tax collection and audit data a student and professor from Claremont Graduate School are developing a predictive model that will aid the Office of Finance in selecting audit candidates likely to have a higher than normal instances of non-compliance issues.


With this project we are better able to find out which businesses would be best to audit and have changed our process to better fit our current needs.