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Effectively Managing Global Trade: A Rising Priority
Trade and customs functions are transforming and expanding to keep up with a vast new scope of responsibilities, according to KPMG LLP's executive summary, Effectively Managing Global Trade: A Rising Priority, which distills the findings of KPMG’s spring 2008 global trade share forum.
According to trade executives of some of the world’s leading companies, trade is transitioning from a non-core function on the sidelines of corporate awareness to a highly sophisticated function protecting against organizational risks and driving value. The executive summary provides a fresh synopsis of drivers of change; what trade functions are doing now to meet their challenges (in terms of organizational structure, managing risk, cost savings, and planning for the future); and keys to success for trade management – the collective wisdom of share forum participants.
Click here to download a copy of the executive summary, or to request a copy of the full report, please contact KPMG’s Trade and Customs Services practice at us-icttradeandcustom@kpmg.com.
Six Highlights of the Tax Function in 2008: KPMG Tax Department Survey
KPMG has released the results of its 2008 tax department survey in a report that highlights the potential effects of regulatory changes on organizations, their corporate tax functions, and how they manage their people, processes, technology, and risks. This year's survey polled not only tax executives but also CFOs, controllers, internal audit executives, and board members.
The report looks at a number of key questions in light of recent regulatory changes, including:
- How can tax departments be structured, and how are they prioritizing their day-to-day activities?
- How has FIN 48 changed tax department activities?
- What is the tax department's role in managing tax risk?
- How are tax departments utilizing their resources, and how may their budgets be affected by regulatory and marketplace changes?
- What issues related to people, processes, and technology may be having an impact on the reporting process for tax departments?
- What improvement projects may be taking place in corporate tax departments, and how may those initiatives relate to other business process improvement projects being pursued by companies?
Click here to download a copy of the study.
