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The Big Shift: Positioning your firm to help clients evolve

ThomsonReuters

Doing so offers firms a way to replace vanishing revenue from declining tax compliance work and an opportunity to strengthen the relationship with clients. Businesses looking to optimize workforce growth : Some companies have no finance or accounting professionals in-house and no desire to change.

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The Big Shift: Changing needs means changing tactics

ThomsonReuters

Taking on a consultant role to help businesses through this evolution presents your firm with an opportunity to replace vanishing revenue from declining tax compliance work. Some companies have no finance or accounting professionals in-house and no desire to change. It also offers an avenue to strengthen your relationship with clients.

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How to comply with the complexities of interim tax reporting

ThomsonReuters

To ensure accurate interim tax reporting and compliance with ASC 740, companies should have a robust system of internal controls in place, including procedures for identifying and correcting errors and staying up-to-date with the latest tax regulations. Companies may find it difficult to allocate income and expenses to interim periods.

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5 steps to win a business case for an indirect tax technology solution

ThomsonReuters

On one hand, tax automation saves time, minimizes the risk of human error, and can help elevate indirect tax from a back-office compliance function to a more valuable strategic advisory role. Download our free whitepaper to learn how to “ Use automated tax software to safeguard your indirect tax team.”.

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The CSRD: Upcoming Requirements and How to Prepare

Audit Board

In addition to expanding on the previous NFRD, the updated Corporate Sustainability Reporting Directive also incorporates and integrates the EU Taxonomy system and the Sustainable Finance Disclosure Regulation (SFDR). These disclosures should be integrated into the company’s management report, and will be publicly available.

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