Adrian Windsor Director and Will More-King Senior Manager PricewaterhouseCoopers LLP suggest some practical approaches to tax reporting
For many tax professionals the year-end and interim processes are not the most favoured aspect of their job. Tax is a discipline of concepts whereas reporting involves managing large volumes of data. However by streamlining the process and investing in improved systems more time can be spent on understanding the trends rate drivers and risks and focusing on addressing areas of concern rather than processing data. The forecast and reporting cycle can provide a good platform for sharing information among the tax team and connecting with other functions and should provide a robust basis for making strategic planning decisions.
The challenges of a more stringent regulatory environment ...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
Adrian Windsor Director and Will More-King Senior Manager PricewaterhouseCoopers LLP suggest some practical approaches to tax reporting
For many tax professionals the year-end and interim processes are not the most favoured aspect of their job. Tax is a discipline of concepts whereas reporting involves managing large volumes of data. However by streamlining the process and investing in improved systems more time can be spent on understanding the trends rate drivers and risks and focusing on addressing areas of concern rather than processing data. The forecast and reporting cycle can provide a good platform for sharing information among the tax team and connecting with other functions and should provide a robust basis for making strategic planning decisions.
The challenges of a more stringent regulatory environment ...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
