Tax Accounting Services - ey.com · Ricardo Mengoni Manager [email protected] +32 (0)2 774...
4
Tax Accounting Services Adding value in a dynamic landscape
Transcript of Tax Accounting Services - ey.com · Ricardo Mengoni Manager [email protected] +32 (0)2 774...
Tax Accounting ServicesAdding value in a dynamic landscape
Global Trends Impacting the Tax Landscape
Continuing Globalization
Rapidly-Changing Economies
Market Uncertainties
Digitalization
• Increasingly global and faster-paced tax environment• More complex tax regulations, laws and controversies• Heightened scrutiny over tax transparency• More demanding tax reporting requirements• Increasing technological involvement in the tax life cycle
Glo
bal T
rend
s
Impacts to the Tax Landscape:
Global Trends
Tax Accounting as a Business Tool
How can EY help?
Support Accurate Financial Reporting
Facilitate Internal and External Audit Processes
Provide Added Stakeholder Value
Address Increasing Demands for Tax Transparency
Reduce the Risk of Costly Misstatements
Support Your Tax Strategy and Forecasting
Value of Tax Accounting
• Preparing and reviewing quarterly and annual tax provision calculations to ensure compliance with IAS 12 under IFRS; ASC 740 under U.S. GAAP; as well as with other tax accounting requirements.
• Providing guidance in the following areas: • Deferred taxes • Return-to-Provision calculations (RTPs)• Uncertain Tax Positions (UTPs)• Consolidation of tax accounts• Carve-outs• Share-based compensation• Indefinite reinvestment assertions• Effective tax rate (ETR) analysis• Income tax disclosures
• Navigating issues arising from business combinations, tax technology implementations, new tax accounting standards and tax account restatements.
• Structuring, documenting and implementing tax policies and procedures related to the overall tax function and internal control environment.
• Providing advisory services regarding specific Tax Accounting issues, policies and processes.
EY | Assurance | Tax | Transactions | Advisory
About EYEY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization and/or one or more of the member firms ofErnst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
© 2017 EYGM Limited. All Rights Reserved.
ey.com/be
Your EY contactsGéraldine [email protected]+32 (0)2 774 98 30
Ricardo [email protected]+32 (0)2 774 90 92
Thamara [email protected]+32 (0)2 749 18 52
Jonas [email protected]+32 (0)2 774 97 96
Why EY?
• Expertise: We ensure exceptional delivery of services for organizations of any size and complexity by leveraging the skillsets of our diverse team of professionals.
• Global Infrastructure: We draw on expertise from individual EY country teams withlocal knowledge and analyze it centrally to deliver comprehensive global services toour clients.
• Multi-Disciplinary Cooperation: Our unique approach to cross-service linecollaboration allows us to effectively and flexibly access specialists when necessary.
• Single Point of Contact: We take ownership of our projects with a single point ofcontact to ensure that delivery of our services is both comprehensive in methodand straightforward in implementation, no matter the size.
