Nilushika Alwis

Vice President Association of International Certified Professional Accountants

Tuesday, July 8

9:45 AM Streamlining Cross-Border Statutory Reporting in an Evolving Regulatory Landscape

In today’s fast-paced global environment, navigating the complexities of tax and statutory regulations across multiple geographies can be a difficult task. Organizations that offshore their Record-to-Report (R2R) processes often see significant benefits, such as cost savings and increased efficiency. However, managing cross-border statutory reporting while balancing the local nuances of each country with global requirements can present notable challenges. 

 

In this session, we’ll dive into practical strategies to help you streamline cross-border statutory reporting, overcome common obstacles, and favor centralization. We will explore how organizations can adhere to compliance processes efficiently and ensure consistency while respecting local laws. 

 

Key Topics Include:  

 

  • Streamlining cross-border statutory reporting while balancing local and global requirements 
  • Acting proactively to keep up with ever-evolving tax and statutory regulations 
  • Successful management of tax processes within shared services 
  • Best practice for task management: What roles say local which can be done globally?