EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
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One of Asia’s leading telecommunications group collaborated with EY to set-up a sales and digital skills academy to future ready transform their workforce. Learn more about the future of work ready case study.
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The telecom company was looking at employing a solution which could help them with the following:
- Support them across 127 countries and specifically mine those with strong expertise in accounting and statutory compliances, taxation and excellent co-ordination skills, with a scalable route-to-market model to deliver best-in-class sales and distribution.
- Deliver tax and finance compliance efficiencies through a digital solution and ensure that the organization was prepared to respond to the digitalization of administrations.
- Create a future-ready tax and finance function without large up-front investments.
EY helped the organization reimagine the future of its tax and finance function via numerous Wavespace sessions. Wavespace sessions are immersive programs designed to bring together people from different mindsets to think collaboratively and build a culture of teamwork. Based on the identified themes, EY worked on a transformation journey which significantly changed the way the company functioned. The changes covered the following:
- EY supported the organization across the spectrum of their accounting and tax requirements, including corporate tax, indirect tax compliances, routine tax audit support, local statutory reporting, local GAAP bookkeeping, statutory audits, IFRS tax reporting support and tax advisory work.
- We managed the seamless re-badging transition of over 70 employees.
- EY provided an integrated finance-tax offering as a single service provider.
- We ensured accurate group reporting, which provides insights on financial performance, budgeting and forecasting.