Minimizing Risk through Internal Auditing
Staying in compliance is a major challenge for businesses due to the complexity of Germany's tax law. Tax CMSs offer a solution and prevent violations of tax regulations.
Tax Compliance Management System
What is a Tax CMS?
⠀ ⠀ The rules which a tax compliance management system adheres to include both governmental regulations as well internal policies and guidelines which the company itself imposes.
A tax CMS is an internal monitoring system which performs tax processes and guarantees consistent operating procedures.
The CMS acts as a step-by-step guide which companies use to stay in compliance with both government regulations and their own internal policies.
Reasons to Introduce a Tax CMS
There are several benefits to implementing a tax CMS that go beyond simply preventing tax compliance violations:
- Minimize liability for company leadership
- Increase profits by improving processes
- Avoid criminal tax proceedings
- Comply with German Generally Accepted Accounting Principles (GoB)
The Consulting Services We Offer
Our custom-tailored guidance helps you maximize efficiency while optimizing your tax liability:
- Individualized analysis of the company's situation
- Development of a complete tax CMS
- Monitoring and auditing of the tax CMS
- Adjustment and customization of the tax CMS
Advantages
- Reduce costs by optimizing processes
- Minimize liability for company leadership
- Avoid criminal tax proceedings
- Comply with German Generally Accepted Accounting Principles (GoB)
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DIGITALIZATION AND PROCESS OPTIMIZATION
Administrative processes are the backbone of any company. They are necessary and no business can function without them. But that doesn’t mean that administrative processes have to be slow and expensive. We take a holistic view of processes and work with you to find the best way to achieve better efficiency and lower costs.