Getting ready for year-end early can save time, reduce pressure and significantly increase the likelihood of a smooth process. The tax environment is constantly changing and teams need to consider how changes in tax law impact on accounting and disclosure. Planning out the process goes beyond debating technical tax issues to include practical project management considerations as well. Thinking about the roles and responsibilities associated with a tax year-end, the stakeholders that you report to and the tools and approaches you are using for your year-end reporting is equally important.
