Tax accounting services

Financial restatements, coupled with increased regulatory scrutiny of tax accounts and related tax disclosures, have elevated the focus on tax accounting — and exposed significant problems in many companies.

Keeping track of tax law changes around the world has become a growing challenge for multinationals, many of whom are rapidly expanding their geographic footprint at a time when jurisdictional tax laws are undergoing nearly constant change.

Naturally, changes in tax law have an impact on tax planning, as well as tax return preparation and, ultimately, tax cash flows. Those consequences, however, are often preceded by the impact of such changes on company financial reporting.  

Meanwhile, the emergence of international shared services and IFRS convergence is putting additional strain on an already resource-constrained tax function.

Finding the value you’ve been looking for

PwC’s Tax Accounting Services team can help you achieve better control over your tax accounting function. Our team of dedicated technical specialists around the globe provide guidance, and best practices, on a range of tax accounting issues, including:

  • Tax provision outsourcing and support
  • Accounting for uncertain tax positions (including FIN 48) assessments
  • IFRS conversion modelling to determine the tax and accounting impact of moving to IFRS
  • Other specialised tax accounting services, including deferred tax analyses and tax basis balance sheet assistance
  • Tax accounting technical assistance and support, including customised training

Our specialists can help bring greater confidence in your financial reporting of income taxes — meaning fewer quarter-end and year-end surprises. Reduced risk through improved controls and documentation. Increased collaboration within tax, as well as with the finance function and business units. And last but not least — improved processes and efficiency.

Contact us to learn how more about PwC’s Tax Accounting Services team can help you master your tax accounting processes.

Contacts
Global
Mark Schofield
Global leader TMAS/GCS
Tel: +44 (0) 20 7212 2527
Ken Kuykendall
Global/US Tax Accounting Services leader
Tel: +1 (312) 298 2546
More contacts