How Saving 20 Hours During Their 7-Day Close is Getting the Tax Team More Exposure When the US tax department of AstraZeneca was under the microscope of new management, they knew that incorporating software into their tax processses would help to gain effiencies around data managment and reporting out globally. In our recent Data Management Podcast series, Linda ...
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RICHMOND TAX PROFESSIONALS SHARE BEST PRACTICES
Audit Assistance, Best Practices, Compliance, Forecasting, Global Tax Compliance, Risk Assessment, Tax Provision, US Income Tax Compliance, WorkFlow Manager, Year End 0 CommentPosted on May 11, 2012
Last week, I joined 30 senior tax executives from major corporations in the Richmond, VA area, for a lively discussion on what’s on every tax executives mind lately….data management, process management and overall strategies on bringing more efficiencies to the tax department. The diverse group of attendees represented tax departments that had both implemented ...
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3 simple ways to think about data management for your provision
Audit Assistance, Best Practices, Compliance, Global Tax Compliance, ONESOURCE, Risk Assessment, Software, Tax Provision 1 CommentPosted on May 10, 2012
Collect, Utilize, Report… When 500+ tax professionals were asked about their top tax provision priorities for 2012, 48.5% said shortening the provision completion time. So how are companies looking to achieve this goal? Data Management. From conversations at our ONESOURCE User Conference and feedback from our “We’re Listening @ Thomson Reuters” campaign, ...
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Year-End Success Story #2: How to Produce Better Quality Reports For Year-End
Audit Assistance, Best Practices, Compliance, Forecasting, Global Tax Compliance, ONESOURCE, Risk Assessment, Tax Provision, Transfer Pricing, Uncertain Tax Positions, US Income Tax Compliance, WorkFlow Manager, Year End 3 CommentsPosted on April 24, 2012
Does this scenario sound familiar? Not enough time, limited capacity amongst staff; but still tasked with improving the quality of financial information in a shorter amount of time? This is exactly what one global hospitality company's tax department faced when using spreadsheets to calculate their provision. Monique Smith explains why her her progressive tax department turned to ...
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Excelling at Tax Data Management: Roundtable Discussions
Best Practices, Compliance, Forecasting, Global Tax Compliance, ONESOURCE, Risk Assessment, Tax Provision, Transfer Pricing, Uncertain Tax Positions, US Income Tax Compliance, WorkFlow Manager 0 CommentPosted on April 19, 2012
Your job depends on collecting and reporting on accurate data , but how do you achieve this? With evolving tax regulations and organizational changes, it can be challenging to not only manage volumes of tax data, but also to adopt a strategy that works best for your company. Some use a trial ...
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Data Management Podcast Series: How Bayer Reduced Their Compliance Process By 50%
Audit Assistance, Best Practices, Compliance, Forecasting, Global Tax Compliance, ONESOURCE, Risk Assessment, Tax Provision, Transfer Pricing, Uncertain Tax Positions, US Income Tax Compliance, WorkFlow Manager, Year End 0 CommentPosted on April 10, 2012
Want to reduce manual data manipulation? Or how to free up hours during your compliance process? Learn about the latest initiatives progressive tax departments are taking to manage their data in our podcast series on data management. This week, Rich Heller at Bayer Corporation shares how his tax department dramatically changed how they ...
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Welcome back Excel – we missed you!
Audit Assistance, Best Practices, Compliance, Corporate Income Tax, Cost-Basis Reporting, Forecasting, Global Tax Compliance, ONESOURCE, Risk Assessment, Tax Automation, Tax Provision, US Income Tax Compliance, WorkFlow Manager 1 CommentPosted on February 23, 2012
A Closer Look at What Controls Your Excel Add-in Provides and What it Doesn’t The day has finally come when tax technology professionals have great reasons to recommend the use of spreadsheets for tax processes. The growing array of new Excel Add-in tools, responding to many of the historical risks related ...
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The New Realities of Tax Risk Management
Corporate Income Tax, Cost-Basis Reporting, FATCA, Forecasting, Global Tax Compliance, ONESOURCE, Risk Assessment, Tax Provision, Transfer Pricing, Uncertain Tax Positions, US Income Tax Compliance, WorkFlow Manager 1 CommentPosted on February 22, 2012
The Tax Council Policy Institute (TCPI) tax risk conference that I attended on February 15 and 16 in Washington, DC brought together experts and stakeholders from across the industry. Over 280 professionals from corporate tax, trade, risk,and treasury groups met with tax lawyers, accounting firms, and revenue agencies to discuss policy and ...
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Thomson Reuters Teams with Unclaimed Property Recovery & Reporting
Audit Assistance, Compliance, Risk Assessment, Unclaimed Property 0 CommentPosted on January 11, 2012
Combined solution to enable companies to comply with stricter enforcement of unclaimed property laws Thomson Reuters announced that its ONESOURCE Unclaimed Property group has formed a strategic relationship with Unclaimed Property Recovery & Reporting (UPRR) LLC to help companies comply with increased enforcement of unclaimed property laws. With more than half of ...
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ONESOURCE Unclaimed Property Webinar: To Escheat or not to Escheat…It’s not a Question, it’s the Law
Alerts, Audit Assistance, Best Practices, Compliance, ONESOURCE, Risk Assessment, Unclaimed Property 0 CommentPosted on January 4, 2012
Join Thomson Reuters on January 10, 2012 at 12:30pm CST (1:30 EST) as ONESOURCE Unclaimed Property experts cover: Background on unclaimed property law Risks associated with failing to comply with unclaimed property laws and case stuides State trends including audit activity, interest assessments, and reductions of dormancy periods Unclaimed property annual reporting requirements Unclaimed property ...
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