Upfront: Tax Matters
- Topics:
- Strategy Formulation
- Tags:
- Accounting,
- Finance,
- Financial Planning,
- Financial Services,
- Free Trade,
- Operational Accounting,
- Penton Media Inc.,
- Professional Services,
- Taxes
- Source:
- Penton Media
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Overview: Companies are devoting greater resources to tax planning, while increasing spending on technology to support their expanding role, are benefiting in terms of a lower effective tax rate (ETR) and enhanced bottom-line performance. Discussing the ERP for the professional services sector the article suggests that accounting firms need to move beyond audited financial figures into the realm of nonfinancial measures, identifying value drivers and risks, and set the standards by which businesses are weighed and compared. The article also reports 4 keys to becoming customer-centric through implementing CRM and increasing the ROI. It explains that to get a strong vision for and from e-business, creating value is central to the CFO's role. In today's confused and often unpredictable business climate, one must focus on what really matters and courage to stick to the fundamentals.
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Format: HTML | Date: Sep 2001 | Pages: 5
