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Spreadsheets to Submit Your Income Tax Provisions? – So 2010!

3 Dec 2010

This article addresses Tax Directors and Managing Directors working quarterly and at year-end to develop their company's tax provisions and related tax disclosures using a spreadsheet application. Taxand US discuss the challenges with working on spreadsheets applications and why there are so many problems with income tax accounting.

Taxand's Take

Even if a company is currently happy with using a spreadsheet application for determining their income tax provision, we ask them to take a fresh look at how improving their tax provision processes and using an income tax provision application, instead of their current spreadsheet application, can lower their tax risk, expand their "bandwidth" by creating time, and save them money.

Read the full article from Taxand US here

Your Taxand contact for further queries is:
Jose Lamela
T. +1 305 704 6710

Taxand's Take Author