Nilu Alwis is the Vice President of Global Business Services (GBS) Hub at AICPA and CIMA, based in Kuala Lumpur, Malaysia. With over 20 years of experience in both commercial and GBS sectors, Nilu has worked for multinational corporations and local conglomerates. Before her current role, she served as Finance Director, leading the Finance vertical of AICPA & CIMA's GBS Hub. Nilu is a Fellow member of the Chartered Institute of Management Accountants (CIMA) and the Association of Chartered Certified Accountants (ACCA). She also holds an MBA from the Postgraduate Institute of Management in Sri Lanka.
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?
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