Ernst &Young >Services>TARAS - Ernst & Young - Canada

Demands on corporate tax functions have increased dramatically in recent years due to changes in the business and tax environments and new compliance and reporting requirements.

Contact us to learn more about how we can help you meet these new demands.

We provide assistance in three key areas:

1. Tax Accounting

• technical tax accounting advice
• Canadian GAAP compliance reviews
• assistance with quarterly tax provision preparation
• tax account remediation
• assistance with new standards implementation (FIN 48)
• identification of key differences between Canadian, U.S. GAAP and IFRS

2. Tax Function Performance Improvement (TFPI)

• tax function operating strategy and organization design
• tax process and controls enhancement
• data and systems effectiveness
• knowledge transfer and training

Read more about our Tax Performance Advisory practice.

3. Tax Risk

From establishing an effective tax governance framework at the board level to monitoring key controls at the business unit level, our full suite of risk services helps to establish, effectively monitor and report control objectives.

• key risk identification, prioritization, management and mitigation
• key control identification, rationalization and standardization
• controls remediation and documentation