Part A: Take advantage of opportunities and avoid risks with the aid of the Four Phase Model
PKF has developed a method that in particular meets the needs of medium-sized enterprises. This starts with an analysis of the tax compliance and then systematically identiﬁ es and assesses tax risks. Here, the “PKF Tax CMS Tool“ provides support - it is based on Excel and can be used outside of an ERP system. In the Focus section of this issue we begin our series on Tax Compliance Management Systems with two contributions. First of all, we discuss not only the risks that can be managed through such systems but, likewise, the opportunities that can emerge from focusing intensively on processes and interfaces. Subsequently, we provide an overview of the Four Phase Model that has been developed by PKF and the PKF tool that can be used in the process.
Read more in PKF newsletter 06/2018.