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Effective Tax Controls Require Process Management
(10/1/2003) CFO Project Volume 2
By Jason Glad, Jefferson Wells
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Creating and verifying sufficient internal controls within the tax area are leading more and more companies to review how they deal with Sarbanes-Oxley and the challenging economy.


The impact of the Sarbanes-Oxley Act and continuing sluggishness of the economy continue to put pressure on tax directors to demonstrate effective department management and efficient, cost-effective operations. In many cases, corporate tax departments are subject to a heightened internal focus on headcount, roles and responsibilities, and cost.


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