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The Big 3 Barriers to Managing Sales Tax

TaxConnex

More than half of respondents (58%) use internal resources or their existing accounting system to try to manage their compliance obligations. More than a third (38%) of respondents were among companies struggling with a “lack of bandwidth.” Manual, cumbersome processes.

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Tuesday Morning Accounting News Brief: EY and PwC Get a New Scandal; Stop Trying to Make Sexy Accountants Happen | 1.16.24

Going Concern

The Post Office had prosecution powers and, between 1999 and 2015, it prosecuted 700 sub-postmasters and sub-postmistresses – an average of one a week – based on information from a computer accounting system called Horizon. Some went to prison for false accounting and theft.

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