11/14/2011

Thomson Reuters' Samuel Cicogna explains how companies can improve their end-of-year closing procedures in this audio interview. Finance and tax departments are under pressure because of increased reporting requirements from outside entities and stakeholders. Meanwhile, companies are struggling with a shortage of skilled staff. Tax departments can ease the burden on themselves by starting to gather information earlier and taking care of "low-hanging fruit" before crunch time, Cicogna says.

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Accounting Today

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