Tax & Accounting Blog

NEWS, TRENDS AND RESOURCES FOR
TAX AND ACCOUNTING PROFESSIONALS

How confident are you in your corporate tax compliance process?

July 16, 2018

Manual processes and spreadsheets have served corporate tax teams well, but in today’s environment, accuracy and speed in tax calculating and reporting is no longer an aspiration, but a necessity. How confident are you in your tax system? Glenn Francis, Senior Customer Success Manager for ONESOURCE shares tips on how to tell if it's time for an upgrade.

How confident are you in your corporate tax compliance process?

How confident are you in your corporate tax compliance process?

Manual processes and spreadsheets have served corporate tax teams well, but in today’s environment, accuracy and speed in tax calculating and reporting is no longer an aspiration, but a necessity. How confident are you in your tax system? Glenn Francis, Senior Customer Success Manager for ONESOURCE shares tips on how to tell if it's time for an upgrade. … Read More

5 Star Rating: CPA Practice Advisor reviews Thomson Reuters’ ONESOURCE

5 Star Rating: CPA Practice Advisor reviews Thomson Reuters’ ONESOURCE

Best suited for companies of all sizes that are tasked with handling global sales and use tax, VAT, and GST, ONESOURCE Determination and Compliance, offers a complete solution. ONESOURCE is designed to work with a variety of third-party applications to deliver complete indirect tax management from initial tax determination and calculation to complete compliance including forms processing and remittance. … Read More

Catch me if you can – Transfer Pricing in the quantum age of speed and transparency

Catch me if you can – Transfer Pricing in the quantum age of speed and transparency

Data transfers between tax authorities in the supercomputer age will be made at lightning speed, allowing them to size-up in mere moments the veracity of a company’s declaration of cross-border structures and revenue models. While we might not be in the quantum age just yet, companies have started leveraging technology to produce accurate CbC reports and transfer pricing documentation. … Read More

Dynamic Duos: The Future of Tax and Accounting

Dynamic Duos: The Future of Tax and Accounting

Almost half of Australian executives and a quarter of CEOs predict that their businesses will be significantly transformed in the next 3 years, either through adapting to new technologies or offering new products or services[1]. However, enterprise transformation is a challenging and iterative exercise. Acquisitions have been the preferred way to pivot into new markets, […] … Read More

Thomson Reuters and Deloitte Join Forces to Automate Financial Reporting and Compliance for Australian Corporations

Thomson Reuters and Deloitte Join Forces to Automate Financial Reporting and Compliance for Australian Corporations

A recent survey of 977 Finance professionals around the world found only 3% of respondents sleep soundly. The majority are mired in worry around how systems and processes can keep pace with the rate of change in the business[i]. But can Australian multi-national corporations now breathe a sigh of relief? Thomson Reuters has today unveiled […] … Read More