article thumbnail

Global minimum tax compliance to take 'significant' company resources

CFO Dive

Forty percent of businesses surveyed by EY have considered adding headcount, outsourcing tax department operations and investing in new technology to meet BEPS 2.0 requirements.

article thumbnail

Evolving CFO roles and the impact on corporate tax departments

CFO Dive

The transformation of the CFO role is reshaping corporate tax departments, driving them towards greater strategic involvement, technological adoption and enhanced compliance.

CFO 226
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Companies to significantly reduce annual compliance training

Future CFO

Companies are estimated to reduce annual compliance training by 50% by 2025, said Gartner recently. Many compliance leaders are dissatisfied with the effectiveness of their existing program activities,” said Chris Audet, senior director, research in the Gartner Legal, Risk & Compliance practice.

article thumbnail

POV: Why CFOs can’t ignore privacy and compliance in 2023

Future CFO

What are the role of Chief Financial Officers (CFO) and senior finance leaders when it comes to data privacy and compliance? CFOs today need to have a strong understanding of technology-driven issues such as information security, data management, and data privacy and compliance.

article thumbnail

Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

Economics and Returns 📈 Adapt to shifting market conditions with flexible, cost-effective technology and operating models to consistently achieve desired economic benchmarks and returns.

article thumbnail

Compliance complexities escalate with multiple stakeholders, right organisational DNA to help reduce it: CFOs

CFO News

Top CFOs of India discuss how their respective businesses manage the compliance burden, costs, etc, how they use technology to make the process efficient and less taxing, and how the right company culture can help manage the compliance load. Here's what they said:

article thumbnail

Keys to Revenue Accounting and Compliance for Professional Services Companies

Bramasol

Previous episodes in this Insights Series have explored the challenges created by new Digital Solutions Economy paradigms for billing, fulfillment, invoicing, revenue accounting, and compliance across a wide range of industries. Also, diversification of services offered can help mitigate risk and strengthen revenue streams.