Lorman Webinar: Understanding Complex Internal Control Issues with John Bennecke
Gain a deeper understanding of tax internal controls and the existing external environmental factors impacting them.
Tax departments are faced with an ever-changing landscape of technical issues to deal with and are often left with an inadequate amount of time, or an appropriate process, to identify areas of increasing tax internal control risk. Before you can begin to understand and address these areas of risk, it is important to have a deeper understanding of the internal and external environment which is creating risk and complexity while at the same time being armed with the ability to identify and remediate any gaps with your current environment. This material will arm you with a deeper understanding of tax internal controls and the existing external environmental factors impacting them. Additionally, you will be able to leverage some of the learnings and tools provided, which will allow you to better manage and address this complex area of internal controls risk from a tax perspective.
- You will be able to define tax internal controls.
- You will be able to describe in detail what are the elements/qualities of a strong tax internal control environment and process.
- You will be able to identify potential tax internal control risk areas within your environment.
- You will be able to review and assess your current process on a regular basis.