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Page 1: WLFV D - michaelamerz.files.wordpress.com · c 6 i 4 l 2 6 e 3 7

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O C L L EA P Q K P RS DT F I U U KL MS U

Page 2: WLFV D - michaelamerz.files.wordpress.com · c 6 i 4 l 2 6 e 3 7

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ab cd ef g hi j b k g i e g lm n op q r s tu q u vs wx op s p yx z { ou r p | u q lu } m ~� gi fd b � � b f c b � e �� e � � g e � c� � e � e g � c j � e �� e � f bf b � b �� d e � g f �� � � � c e � � � g ji � g d � �� e�� � d b b h � e g h g q u � e g � i j j b � � �i � � kg � b f � e b c d e � c � c d j f b � � cd � � k j g � � � b � e� �� d h �i � cd b � � b d � c f g d � b d e�� � b �� � �i d j e c g d g � e � b �i ei f b � b f c b �� f b h c j e � j �� � � b d � b � e �� e �� � �i d j e c g d ��� k �� j b c d e � b �i ei f b � d h g � �b f � g e b d e c � �� g �i e c g d � � � f c g f �� � b f � � f b � b d e b h c d � c� � e �g d d b � � b � c � �� e c � b � d h f b � i �� e g f kj �� � � b d � b � � d h e � b f b � i � e cd � c � � � j eg d f c � � �� d � � b � b d e� h c � ji � � b h e � bd b b h � g f �� � e g � g ji � g d h � e� � d � � k e c j �� d h e g � �� k � d cd e b � f � � f g � b cd � f g � h b f� c d � d j b ef � d � � g f �� e c g d cd c e c� e c � b � �� d h � c� � � c� � e b h e � b c � � g f e� d j b g �b d �� d j cd � c d j g � b e� � f b � g f e c d �� f g j b � � b � � � g � e f b j b d e � k� g i f � g j� � � g cd eg d �� � �d � � k e c j � b �� � cd b h � j f c e c j� � � d hf � � c h � k b � b f � cd � ef b d h � g f �� �� e � bf g �i � e � d h b � � � d h b h i � b g � b d e b f � f c � b� b f � g f �� d j b �� d � � b � b d e �� � � � ��i � cd b � � c d e b � � c� b d j b �� � � � � d h � d � � k e c j �e g g � � � d h j� � � � c � c e c b � � f b �b f f b h e g � �� � c � � � g e � c� � e gd � g � g e c j �f g j b � ��i e g �� e c gd � � � � � j g d e cd i b � e g b � � � g f be � b c � � g f e� d j b g � e b j �d g � g � k cd b d � � � cd ��� � �i d j e c gd � f g j b � � b � � � g ji � cd � g db � b f � cd � ef b d h � cd � � � � d h c e � c � �� j e g de � b �� � �i d j e c g d � ab b � � �� cd � �� e f g � g e c j �b d e� c � � � d h � f g � c h b b �� � � � b � � g f � f � j e c j� �� � � � c j� e c g d � c e � cd �� �� � d e � c � �� � b f � �b� c� � � c� � e e � b � b d b � c e � g � � � � � d h � � k c e c �c � � g f e� d e � g f �� � �i d j e c g d � e g i d h b f � e� d he � b cf e b j �d g � g� k �� d h � j� � b � � cd � � � k� � b�i � � b � e � g f �� � � b � j e c g d � e �� e �� � � � gi � he� � b qu � e g � b e � e� f e b h g d e � b � gi f d b k e gb d �� d j b h f g � g e c j � f g j b � � � i e g �� e c g d �

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Page 3: WLFV D - michaelamerz.files.wordpress.com · c 6 i 4 l 2 6 e 3 7

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Page 4: WLFV D - michaelamerz.files.wordpress.com · c 6 i 4 l 2 6 e 3 7

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Page 5: WLFV D - michaelamerz.files.wordpress.com · c 6 i 4 l 2 6 e 3 7

! " #$ % & ' ( ) % ) *' + , #$ ' $ -, . , - (, . /0 12 3 4 5 2 6 72 8 9 :; ; <= > = ? @A BC = A D E E FG ?= H I ? @ = J K < B F LM N O I ? P I Q J D D R E ?= S J= T J= TUVW XYZ V[ \] ^ _

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Page 6: WLFV D - michaelamerz.files.wordpress.com · c 6 i 4 l 2 6 e 3 7

! " #$ % & ' ( ) % ) *' + , #$ ' $ -, . , - (, . /0 12 3 4 5 2 6 72 8 9 :; ; <= > = ? @A BC = A D E E FG ?= H I ? @ = J K < B F LM N O I ? P I Q J D D R E ?= S J= T J= TUVW XYZ V[ \] ^ _

!" ` a # b c $ d % & ' e ( ` " ) # # d * fg h i f i c $Processes with High Automation

Potential (> 50% effort)

Processes with Limited

Automation Potential (<50% effort)

Gather

relevant data

Export trial balance

from ERP system

Book current tax

accounting entries

Review accounts to

ensure consistency

with prior year, note

changes

Map book basis

accounts to tax basis

account numbers

Reconcile

intercompany

transactions

Export trial balance

detail needed to

prepare tax return

(e.g., M&E)

Export fixed asset

subledger from

appropriate system

Export industry/

company-specific

data, as needed

Fill out tax returns by

utilising tax return

workbook

Submit tax returns

and related payments

Calculate deferred

taxes

Book deferred tax

accounting entries

Calculate book/tax

differences

Apply book/tax

differences to trial

balance

Evaluate options for

tax treatment of

discrete tax

code/transactions

Calculate state

apportionment and

adjustments

Complete and review

tax return workbooks

Review trial balance and convert data

to tax-basisPrepare returns Account

for taxes

Address tax

inquiries

Assign tax basis

accounts to related

tax form lines

Review audit inquiries

on an ad hoc basis

Analyse account

changes and evaluate

potential tax impact

Assign book basis

accounts to tax basis

account numbers

(one-time)

Determine tax filing

status of all entities (e.g.,

legal entity changes)

Fill out remaining tax

return line items and

information fields

Review tax returns

Review deferred tax

calculations

Develop audit

response strategy

Gather relevant

information to

respond to audit

Respond to and close

audit process

j k l mn on p l q r s t u m t p jv wx y p t z l r r p t { t o q z r zv s v | | } ~ q s l � l p ~ v p l v t m o k l jv w mn s z o q t s u k l p l �v s n v } � p l | l v ov { } l � v s � o q � l +z t s r n � qs � | p t z l r r l r v p l r o q } } q s l m ml z o � , - l � l s q m jv w kv r v } p l v � ~ q � | } l � l s o l � o l z ks t } t � ~ r t }n o q t s r m t p � q p l z o v s � qs � q p l z o ov w� y � z v s | l p m t p � v z o q � q o q l r p l }v o l � o t o k l m t } } t u q s � � q p l z o t p qs � q p l z o ov w mn s z o q t s r .

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Page 7: WLFV D - michaelamerz.files.wordpress.com · c 6 i 4 l 2 6 e 3 7

! " #$ % & ' ( ) % ) *' + , #$ ' $ -, . , - (, . /0 12 3 4 5 2 6 72 8 9 :; ; <= > = ? @A BC = A D E E FG ?= H I ? @ = J K < B F LM N O I ? P I Q J D D R E ?= S J= T J= TUVW XYZ V[ \] ^ _

! " ` # a $ b % cd &'( e f ) g h b * a + ", g - i $ i g f./ 0 12 3 4 5 6 78 9: ; <= > ? @A B > @C A D= E F G HI G > @J IC > H G C A F K > DL M < J I AN G H O P P @ G ? > @G D J <J < G = < D F E @J < K @ G C A E D J H < G =Q R S = J >J G =Q> D T UA H G < ? D F E D <C < K > @ < J < G =V 9: ; A K G H >J G =M <J IN > H <A E= U < D > DC < > @ = L = J G F=Q J H < > @B > @ > DC G =Q > D T C I > H J = A U >C C A E D J =V 9: ; W =U < D > DC < > @ H G = E @J =Q < DC @ E T < D ? J I G < DC A F G J >XK HAN <= < A DQ > H G C A D= A @ < T > J G T > D T H G K A H J G TB L R SY < D > DC G A D > Z E > H J G H @L B >= <=V[ = = E G\ 9: ; E= G = < DC A F G J > X K HAN <= <A D > D TC A F K @ < > DC G = A UJ M > H G UA H J I G L G > H] G D TK HAN <= < A D > D T J >X H G J E H D K HA C G = =^ I A M GN G HQ_ >X H G @ < G = A D F > D E > @ = K H G > T = I G G J = UA H< D J G H < F K HAN <= < A DC > @C E @ >J < A D= J I >J H G Z E < H G> Z E <C ` J E H D > HA E D TV a E G J A T <= K > H >J GU < D > DC < > @ = L = J G F= > D T K HA C G = = G =Q ? >J I G H < D ?> D T H GC A DC < @ < D ? T > J > <= > F > D E > @QJ < F G ] C A D= E F < D ? K HA C G = =V 9: ; = G G `=J A = J H G > F @ < D G <J = < DC A F G J >X K HAN <= < A DK HA C G = =Q < F K HAN < D ?C A F K @ G J G D G = = > D TZ E > @ <J L A U T > J > J I >J E @J < F >J G @L H G = E @ J = < D> FA H G >C C E H > J G < DC A F G J >X K HAN <= < A DC > @C E @ >J <A DVbc d e 4 f 5 g h 4 68 9: ; G D ? > ? G Ti M ; J AT G K @A L ji 9 >= = A C < >J G T M <J I J I G UA @ @A M < D ?K HAN <= <A D K HA C G = = G = \OV i E @ @ H > M U < D > DC < > @ < D UA H F >J < A D U HA F k ji= L = J G F=lV ; @ G > D E K > D T H GC A DC < @ G >C C A E DJ = m GV ?V Q< DJ G HC A F K > DL noV p H ? > D <= G T >J > B L @ G ? > @ G D J < J L N G H= E =F > D > ? G F G D J H G K A H J < D ?qV 9 D > @ L = G >C C A E D J C I > D ? G = m >C C H E > @ B A A `rJ >X > T s E = J F G DJ = n

tV Y @ > ? = < ? D < U <C > D J >C C A E D J T < U U G H G DC G = UA HUA @ @ A M ] E K < DN G = J < ? >J <A Duv w/ 0 g g 4 x . d 8 9= > H G = E @ J A U HA B A J <CK HA C G = = G D I > DC G F G DJ =Q 9: ; M >= > B @ G J A \y 9C C G @ G H > J G J < F < D ? A U J I G < DC A F G J > XK HAN <= <A DQ H G T EC < D ? F > D E > @ G U UA H J B LO P ] l t zy k U U <C < G DJ @L ? >J I G H > D T F > D < K E @ > J GU < D > DC < > @ < D UA H F >J <A DQ C H G > J < D ? @ G ? > @G DJ < J L >C C H E > @ > T s E = J F G D J =y [ F K HAN G >C C E H >C L T E G J A < DC H G >= G TN <= < B < @ <J L < D J A >C C A E D J = > D Ty j G T EC G J I G > FA E D J A U = J > U U J < F G E = G T J AK G H UA H F @A M ]N > @ E G MA H ` m T > J > G X J H >C J < A D> D T F > D < K E @ >J < A D n

! " ` {g , i f ) g h b c a + | , g - i $ i g f , b | g , c i f j }k l m no p qo n r s r to t u t v u w x u y q x yw z n u q rp o p n ro s x { x t u | x rp } o t v u z rp } t v u ~o to p u u ~ u ~ q y z to � no s nw so t r y p x o p ~ z u � y z t rp } � � v u q y s s y � rp }no x u x tw ~ { z u q s u n t x v y � k l m no p x tz u o | s rp u o t r | u ~ n y p xw | rp } rp n y | u to � �z y � r x r y p � z y n u x x �� � 9 8 �6 �� �6� 2 � 8 2 � 5 � � 0 �2 � � �

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Page 8: WLFV D - michaelamerz.files.wordpress.com · c 6 i 4 l 2 6 e 3 7

! " #$ % & ' ( ) % ) *' + , #$ ' $ -, . , - (, . /0 12 3 4 5 2 6 72 8 9 :; ; <= > = ? @A BC = A D E E FG ?= H I ? @ = J K < B F LM N O I ? P I Q J D D R E ?= S J= T J= TUVW XYZ V[ \] ^ _

! " ` #a $ % b c $ d &e f g h i j k i l m no p qh f r m k g f g j m s t qh mh i tuh v w k ro m k g f x y t u i t z k r m t z m s o m no pjh f r m k g f l y k w w w t { t i o | t l so i t z l t i { k r tr t f m i t l m g }o f o | t m s t kf r i t o l k f | { g wh } tg j r g } u w k o f r t ' i t wo m t z o r m k { k m k t l o m ow g y t i r g l m~e f jo r m x y t ( { t j g h f z m so m no p ( l h l t g jl so i t z l t i { k r t r t f mi t l j g i r g w w t r m k g fg j z o mo o f z u t i j g i }o f r t g j i g h m kf to r m k { k m k t l jo w w l k f m g m s t j g w w g y kf | m si t t| t f t i o w l r t f o i k g l )* ~ + t { t i h l t z o l so i t z l t i { k r t r t f m i t, ~ - k } k m t z h l t j g i k f z k i t r m � t ~ | ~ x l o w t l .h l t x / � n � o f z z k i t r m mo p o r m k { k m k t l0 ~ 1 k l l o m k l jo r m k g f y k m s o l so i t z l t i { k r tr t f mi t o u u i g o r s j g i no p23 4 3 5 6 4 5 7 8 5 3 4 69 3 : 6 7 4 3 ;9 : 8 < = : < 8 > 3 4 ? 8 69 @n s t i t o i t {o i k g h l g i | o f k l o m k g f o wl mi h r mh i t l o f z } t m s g z l g j o w k| f kf |i t l u g f l k v k w k m k t l u t i mo k f kf | m g m s tz o mo o f z o r m k { k m k t l f t t z t z m g } t t me f l g } t ro l t l x no p k l s t o { k w � k f { g w { t zkf o w w o l u t r m l g j m s t jh f r m k g f � s g y t { t i x| o m s t i k f | z o mo o f z i g h m kf t mo p o r m k { k m k t lo i t l g } t m k } t l m s t i t l u g f l k v k w k m � g jo f g m s t i jh f r m k g f x l h r s o l q kf o f r t x y s k r s}o � w t { t i o | t l so i t z l t i { k r t r t f mi t l g ir t f mi t l g j t p r t w w t f r t ~ e f r o l t l y s t i tno p k l f g m z k i t r m w � kf { g w { t z x k m k l l m k w wr i k m k ro w j g i no p m g r g w wo v g i o m t y k m s g m s t ijh f r m k g f l m g t f l h i t m so m m s t u i g r t l l t lo l l g r ko m t z y k m s mo p' i t wo m t z o r m k { k m k t l o i tt p t rh m t z kf o }o f f t i m so m } kf k } k l t li k l � j g i m s t no p jh f r m k g f o f z m s t� k m s i o u k z o z {o f r t } t f m l kf m t r sf g w g | �xno p l s g h w z � � � w g g � o m g i i t ' r g f l k z t is g y � � � ro f t j jt r m k { t w � u t i j g i }mo l � l m so m kf { g w { t o s k| s { g wh } t g jmi o f l o r m k g f l x i t u t o mo v w t }o f k uh wo m k g fg j z o mo x o f z r g } }h f k ro m k g f y k m s g m s t it f m t i u i k l t l � l m t } l t j j k r k t f m w �� o w w o mo }h r s w g y t i r g l m o f z } kf k }o w i k l �~� � � ro f v t z t u w g � t z y k m s kf g i y k m s g h mo l so i t z l t i { k r t r t f mi t ~ n s t o z � o r t f m| i o u s k r z k l u wo � l t po } u w t l g j m s t z k i t r mo f z kf z k i t r m mo p o r m k { k m k t l m so m � � � ro fu t i j g i } y k m s kf m s t r g f m t p m g j o l so i t zl t i { k r t r t f mi t ~

A � BC �� � � � � �� �� g l m | w g v o w mo pu i t u o i o m g i � r g } u w ko f r to f z i t u g i m kf | o r m k { k m k t l xkf r wh z kf | z o mo r g w w t r m k g fo f z i t r g f r k w ko m k g f l x y k w wv t u t i j g i } t z y k m s kfm s t r g } uo f � ( l l so i t zl t i { k r t r t f mi t g i y k w wv t r g' l g h i r t z y k m s o

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