Material Weaknesses and RestatementsWhy tax is still in the hot seat |
Corporate tax departments continue to struggle with various aspects of their accounting for income taxes, leading to material weaknesses or significant deficiencies. As part of their efforts to implement better controls and improve the accuracy of financial reporting, many tax and financial executives are seeking to better understand material weaknesses.
As tax issues continue to be cited as a cause of material weaknesses and restatements, how can you reduce the risk to your company? What are other companies doing to address and remediate tax-related material weaknesses?
In a new report “Material Weaknesses and Restatements: Why Tax Is Still in the Hot Seat,” Deloitte discusses causes, trends and strategies for addressing material weaknesses and tax-related restatements. Download the full report attached below.
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Material Weaknesses and Restatements: Why Tax Is Still in the Hot Seat
Material Weaknesses and Restatements: Why tax is still in the hot seat
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