How does a TABC attorney assist in responding to a TABC audit that finds inventory discrepancies?

Inventory discrepancies found during a TABC audit can be a serious issue, as they may indicate misreporting of alcohol sales or potential theft. A TABC attorney can assist the business in responding to inventory discrepancies by thoroughly reviewing the audit findings and identifying any areas where the discrepancies may have occurred. The attorney can help the business gather supporting evidence, such as inventory logs, receipts, and purchase records, to clarify the discrepancies. In some cases, the discrepancies may have been caused by honest mistakes, such as data entry errors or miscalculations, which the attorney can help explain during the audit response process. The attorney will also work with the business to ensure that any issues are promptly addressed, such as implementing better inventory management practices or improving employee training on record-keeping. If the discrepancies are more serious and suggest potential theft or intentional misreporting, the attorney can help the business investigate the situation and develop a strategy to resolve the issue. This may involve conducting an internal audit, reviewing security footage, or interviewing employees to determine the cause of the discrepancies. If the TABC is not satisfied with the explanation or corrective actions, the attorney can represent the business in hearings or meetings with the TABC to negotiate a resolution, such as reducing penalties or fines.

Leave a Reply

Your email address will not be published. Required fields are marked *