Tax & Accounting Blog

How to keep up with the regional complexities of e-invoicing and CTCs: Part 3

How to keep up with the regional complexities of e-invoicing and CTCs: Part 3

In the first two installments of our blog series on e-invoicing and Continuous Transaction Controls (CTC), we discussed the basics of e-invoicing and how it affects tax teams and compliance efforts. In this article, the third and last of the series, we will explore some of the regional complexities and challenges that companies may encounter […] … Read More

The future of statutory reporting

The future of statutory reporting

As with everything in today’s fast-moving, ever more complicated data world, the way statutory reporting is done is changing quickly. This is because technology is improving, and the regulatory requirements are always changing.  We understand that managing this complexity can be challenging. And that getting it wrong can be costly. To remain competitive and compliant […] … Read More

How organisations can save on the growing costs and complexity of compliance

How organisations can save on the growing costs and complexity of compliance

As governments globally require digitalised methods for e-invoicing and real-time monitoring and reporting of business transactions, multinational organisations face many complex and costly compliance challenges. In particular, mandates for e-invoicing and continuous transaction controls (CTCs) are data-intensive initiatives that demand speed, accuracy, and transparency all at once. Complying with these mandates requires technology, systems, and […] … Read More

How tech tools can eliminate inefficiency and sharpen competitive edge

How tech tools can eliminate inefficiency and sharpen competitive edge

Jump to ↓   Cut out repetitive manual tasks Streamline accounts production and tax filings Minimise human error Communicate and collaborate with ease Add more value to tax and accounting clients Create business visibility What’s the solution to drive accounting efficiency? Today’s accountants and tax professionals are operating in a fast-moving and demanding environment. Compliance […] … Read More

Maximising tax department efficiency: The case for higher technology budgets

Maximising tax department efficiency: The case for higher technology budgets

Corporate tax departments are facing mounting pressures due to a talent shortage and increasing regulatory complexities, such as Pillar 2 and Global Minimum Tax (GMT) requirements. The 2024 State of the Corporate Tax Department report by Thomson Reuters Institute highlights these pressing issues, making a compelling argument for increasing technology budgets to unlock new levels […] … Read More

How statutory reporting solutions can better protect your business

How statutory reporting solutions can better protect your business

With over 150 years of trusted content knowledge and our expert understanding of global trade, compliance, and regulatory requirements, Thomson Reuters understands that maintaining an impeccable corporate governance record in today’s complex environment can be extremely challenging. And that getting it wrong can be very costly.  The rapid increase in accessible data across disparate and […] … Read More