Best Practices: Harmonising the Four Elements of Statutory Reporting
The Power of Four: Trust and Statutory Reporting
Today, many organisations are going through some kind of finance, tax or IT transformation project to drive efficiency and reduce costs. Statutory reporting is a key focus area with recent legislation changes coming into effect and a global initiative to encourage corporations to be more transparent in their reporting.
Considering the Four elements of statutory reporting– process, people, technology and data – in the context of the four trust pillars will help organisations demonstrate trust to the ATO.
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