ThomsonReuters

MAY 12, 2022

Download our free whitepaper on managing sales and use tax audits. The auditor reviews your records over a period of days, weeks, or months in an effort to discover oversight or fraud and promote compliance with tax laws. How does a sales tax audit work? How can you help your tax department?

Compliance 105

Compliance Technology 105

ThomsonReuters

MAY 22, 2024

Temporary fixes by IT, patchwork solutions, and/or manual workarounds have difficulty keeping up with transaction volumes and the downstream impacts on reporting and compliance in an omnichannel sales environment and don’t facilitate the communication necessary for data sharing between channels.

Compliance 52

Compliance Start-ups Technology 52

ThomsonReuters

APRIL 6, 2021

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. Entering new markets or growing through merger or acquisition can have a significant impact on compliance needs.

Start-ups 64

Start-ups Compliance Technology Finance 64

ThomsonReuters

MARCH 1, 2021

Indeed, trade compliance concerns persist that Brexit will adversely impact business performance in the coming months and years as a result of border and customs disputes, supply chain shortages and disruptions, shipping delays, and stoppages, increased import and export costs, and new and evolving free trade agreements (FTAs). “The

Technology 52

Technology Compliance Marketability 52

ThomsonReuters

FEBRUARY 15, 2021

While the news of the agreement was certainly welcome to traders, there are still numerous post-Brexit trade compliance challenges to contend with. Companies must now calculate the origin of their goods if they trade between the EU and UK, which is a new compliance burden for traders in the region.

Compliance 52

Compliance Technology Marketability 52

ThomsonReuters

APRIL 5, 2024

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.

Start-ups 68

Start-ups Compliance Technology Finance 68

Audit Board

AUGUST 3, 2022

Perhaps we’ve felt insulated from the systemic weaknesses that floored Enron, but recent home-grown collapses have thrown the spotlight on deficiencies in corporate reporting, governance, and audit, prompting a series of reviews and government consultation via its whitepaper, Restoring Trust in Audit and Governance.

Start-ups 52

Start-ups Compliance Dividends Technology 52

ThomsonReuters

FEBRUARY 23, 2024

So, considering the stakes involved, making a company’s sales tax operations and compliance functions audit-ready should be a top priority. Download our free whitepaper on managing sales and use tax audits. Blog Uncovering hidden opportunities: The power of reverse audits in sales tax compliance.

Start-ups 52

Start-ups Technology Compliance 52

ThomsonReuters

DECEMBER 13, 2021

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.”.

Technology 52

Technology Compliance Finance 52

ThomsonReuters

NOVEMBER 22, 2021

For more resources on burnout and working from home check out this whitepaper on working from home ! You can fight burnout! It will take time, and there might be some growing pains, but it is worth it. You are worth it! . The post Fighting Burnout appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

Compliance 52

Compliance 52

ThomsonReuters

AUGUST 24, 2021

Reduce sales tax compliance liabilities from audits. As an example, let’s assume you and your team are spending 400 hours per month on your compliance process, and a tax automation tool could reduce that to 100 hours per month. Tax audits are one area where software capabilities can make a dramatic difference.

Technology 52

Technology Compliance 52

ThomsonReuters

AUGUST 29, 2023

Security and compliance. To learn more about how automating with APIs can tackle pain points and transform your accounting practice, download our latest whitepaper on the topic: Automate with APIs to solve pain points. Scalability. APIs are designed to be scalable and adaptable to your firm’s evolving business needs.

Start-ups 52

Start-ups Technology Accounting Firms Compliance 52

ThomsonReuters

MARCH 19, 2024

Government contractor bids in that jurisdiction, for example, or other areas beyond tax where perfect compliance is a must-have qualification for doing business? Download our free whitepaper on managing sales and use tax audits. Blog Uncovering hidden opportunities: The power of reverse audits in sales tax compliance.

Start-ups 52

Start-ups Compliance Technology 52

Audit Board

OCTOBER 10, 2023

The lone standard in this category is: ESRS G1: Business conduct Each of these twelve ESRSs have associated whitepapers made available through EFRAG, containing extensive guidance on reporting for each standard. Enhance Your ESG Strategy Today ESG reporting is a relatively new field of public disclosures that is only growing in importance.

Finance 52

Finance Technology Compliance Banking 52

ThomsonReuters

APRIL 12, 2021

Companies are accelerating efforts to outsource back-office tasks to improve operational efficiency, LeCompte said, and routine indirect tax compliance activities may be a candidate. “It More outsourcing: Companies are outsourcing routine tasks and shifting focus to strategic indirect tax activities.

Compliance 98

Compliance Technology Start-ups Treasury 98

Reynolds Holding

NOVEMBER 14, 2024

For example, the Republican Commissioners have noted in a dissenting statement that they have begun to object to the penalties and undertakings in recent off-channel communications cases, noting that the SEC has failed to give firms “an achievable path to compliance” and urged a reconsideration of the SEC’s enforcement approach to the issue. [10]

Marketability 45

Marketability Compliance Technology 45

ThomsonReuters

JANUARY 5, 2023

A new whitepaper from the Thomson Reuters Institute (TRI) explores the causes of a growing skills gap in global trade management, and proposes several solutions. The whitepaper outlines strategies for finding and developing young talent, as well as upskilling mid-career professionals to meet the industry’s immediate needs.

Technology 11

Technology Compliance Marketability 11

ThomsonReuters

MAY 29, 2025

If youre a leader of a small or medium-sized accounting firm, youve probably felt the pressure to move beyond basic compliance work to the kind of high-value advisory services that your clients are increasingly looking for. While tax compliance is essential, it shouldnt be the only way your firm delivers valueor makes money.

Compliance 52

Compliance Accounting Firms 52

ThomsonReuters

JUNE 2, 2025

This generic boilerplate language undermines the intent of CAMs, turning them into compliance exercises rather than meaningful disclosures. For more insight on the path forward for auditors, download our latest whitepaper, The auditors guide to digital transformation.

Intangible Assets 76

Intangible Assets Specific Risk Compliance 76