As economies emerge from the recession, businesses are once more looking to the future. Legislation and changing business models are forcing companies to change the way they manage their compliance and reporting, but at the same time technology and new ways of working offer the opportunity for processes to evolve, seeking to achieve best practice, cost-effectiveness and operational savings. It is time to Rethink Compliance.
The journey to evolve a tax function is one of incremental steps, with each company taking its own route and its own pace. On this site, we focus on some areas which we believe are driving the change and how your business can benefit.
Tax provisioning solutions
Year end can be a painful, tedious, and time consuming process for many. Find out what viable tax provisioning options you have for a new beginning and download our guide to tax accounting.
Building the tax department of the future
Today’s tax executives need to function as strategists, catalysts, operators and stewards, Tax departments of the future need to be strategic, agile and above all add value to the organization.
Today’s imperatives to manage risk and reduce cost remain constant. The trends moving businesses towards shared service centers are also making outsourcing an increasingly attractive option for many companies
Moving with the times
With increasing globalization, pressure on costs and greater emphasis on risk management, tax directors and their departments are transforming the way they work.
Data do nicely
Evolving technology leads to better numbers, better claims and better results.
The world beckons
Globalization can offer both opportunities and threats for the tax function.
Facing the future
Tax directors face changing times and are moving towards a more versatile future
Reputational and financial damage follow the failure to manage tax risk, while fewer investigations and an optimized effective tax rate are the upsides.
The value of global compliance
For many years, internal tax and finance functions have been working towards increasing efficiencies in how they prepare their global corporate tax and other statutory returns.