Tax accounting and reporting outsourcing
With increasing pressure to reduce headcount and costs, outsourcing is becoming an ever more attractive option. Clients are increasingly finding that their internal resources for delivering the tax reporting numbers may be restricted or lacking the relevant experience or knowledge. Tax accounting outsourcing may cover local GAAP outsourcing for statutory accounts purposes, or IFRS/US GAAP outsourcing for group reporting purposes and can include preparation of provisions, supporting documentation and calculations, and drafting disclosures.
You can benefit from an outsourcing arrangement through savings on management time, faster and more accurate financial statement disclosures and the delivery of better quality management information. Where this is linked to compliance outsourcing even greater efficiencies can be achieved.