Under the microscope.
Public and private companies face immense scrutiny over their financial statements. A re-statement or a report of a material weakness is not only costly and time-consuming, but also may be a mark against the credibility of your organization.
BDO helps clients ensure that income tax provisions are correct, supported, and explainable. We bring a collaborative, tailored approach, and years of experience with clients of all sizes and across all industries. We adhere to both ASC 740 and IFRS-IAS 12 guidelines, and have a deep understanding of the ever-changing and challenging tax laws.
- Tax Provision Outsourcing that delivers an audit firm-ready package
- Global Coordination for international income tax accounting needs
- Co-sourcing as an advisor during income tax preparation
- Tax accounting consultation during transaction work or financial statement preparation
- Tax Provision Automation using top-of-the-line technology
We offer consultations with professionals to assess tax positions, especially uncertain tax positions, including:
- Inventory tax positions
- Transfer pricing studies
- Permanent establishment analysis
- Subpart F analysis
- Loss limitation analysis
- State tax structures