Many executives who lead large companies’ tax departments are challenged to keep pace with ever-changing regulatory requirements, in-house demands, and technological challenges, according to a new survey.
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The future of tax: How technology is transforming business strategy
The role of today’s tax departments has evolved. Not only are they expected to set the benchmark in accurate and efficient reporting, impact bottom line through savings in time and money, they now have a stake in business planning through tax strategy.
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Over-dependent on spreadsheets? How to balance your tax technology and Excel
Microsoft Excel has long been the old friend of accountants. Familiar, if cumbersome, it would be difficult to find an Australian business that does not use spreadsheets in some form to handle its data and analytics.
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Post COVID-19: Top 5 Expert Predictions
Gain key insights from our industry experts about the future of tax and global trade post COVID-19
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Is it time to reconsider the strategic viability of outsourcing compliance?
Amid the COVID-19 pandemic and its aftermath, would financial firms be wise to consider outsourcing some of their compliance function? About 28% of financial firms outsource some or all of…
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The psychology of crisis leadership (Part 2)
The current COVID-19 pandemic crisis has upended the general way we do business, creating many challenges for how leaders of professional service organizations — like law firms, corporate law and…
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The psychology of crisis leadership (Part 1)
The current crisis is leaving many professional workers in a state of anxiety and worry; however, firm leaders can help their team members by following certain behavioral guidelines. Today, leaders…
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Keep your teams connected when working remotely
More and more law firms, tax firms and corporate legal and tax teams are making the decision to have their staff work remotely. They face the challenge of keeping teams…
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How to adapt your business to the digital era
Corporate tax is a complex issue for most companies which for a long time hasn’t been at the forefront of thinking. But as more markets open up due to advances in eCommerce, the need for dedicated tax software to help make real-time tax decisions is more vital than ever.
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How confident are you in your corporate tax compliance process?
Multinationals have been attracting the lion’s share of the Australian Government and media’s attention with regards to their tax affairs. But tax governance is an equally important factor for the tax team in all companies, regardless of size.
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