Spread the effort, reduce the pain
Approach year end with confidence
Tax teams are faced with year end timetables that are shrinking, driven by resource constraints and a focus of efficiency. To add to the pressure, accounting standards remain complex, regulators are becoming increasingly interested in year end, and stakeholders such as journalists and investment analysts are beginning to ask new questions around tax.
Regardless of when your year end takes place, there are steps you can take to get yourself in the best possible position to deal with this time of unprecedented pressure the next time it comes around. By dividing your calendar into key phases before, during and after the year end process, you can start to assess your current level of readiness, identify priority areas for review, and even begin to reap the benefits of your improvements in your monthly reporting cycles.