What are the current challenges in statutory financial reporting & tax compliances?

    SSF Global > Topics > What are the current challenges in statutory financial reporting & tax compliances?

Home › Forums › Future of Statutory Financial Reporting and Tax Compliance CoE – The New Age Practices › What are the current challenges in statutory financial reporting & tax compliances?

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • March 31, 2022 at 9:14 pm #20794
    Admin
    Keymaster

    What are the current challenges in statutory financial reporting & tax compliances?

    April 1, 2022 at 11:09 am #20824
    Admin
    Keymaster
    • Decentralised activities with limited or no standardisation with global companies
    • Limited scalability of highly localised activities
    • Higher cost of operations
    • Lack of harmonisation of local reporting policies or practices with group / IFRS requirements
    • High costs of compliance due to localised internal controls on processes and technology
    • Need for agile integration of systems and processes in an age of mirage of M&As
  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.

Our Publications

EVENT SPONSORS

& PARTNERS