Pressure-tested provision expertise, ready for when you need it
With accelerated reporting timelines and frequently changing guidance, knowledgeable resources that understand the complexities and nuances of the tax provision process can be hard to find. GTM addresses this challenge head-on.
Our tax accounting wheelhouse
The tax provision remains high on the risk profile within financial reporting. Our tax accounting professionals can help. We work with:
- Public and private multinational corporations of all industries and sizes
- The complete spectrum of preparation, consolidation and review activites
- Optimizing and automating the provision process for improved efficiency
- All major tax provision software platforms and other commonly used technology
You can rely on GTM for all of your tax accounting needs, from preparation and review through regulatory filing and management reporting.
- Annual and interim period provision support under US GAAP (ASC 740), IFRS (IAS 12), and other standards
- Financial reporting and disclosure requirements
- Development of provision analytics
- Advisory services relating to ASC 740-30 (APB 23)
- Tax basis studies
- Assessing the need for valuation allowances
- Accounting for uncertain tax positions
- Accounting for business combinations
- Intra-period allocations
- Carve-out financial statements
- Scenario modeling for forecasting and planning
- Foreign currency translation and transactions
- Implementing effective internal controls and supporting documentation
- Remediation of significant deficiency or material weakness
Our tax automation team is a recognized market leader in provision software implementations and optimization projects. We combine technology and technical tax expertise to assist clients with provision automation. We work with all of the major platforms, including ONESOURCE Tax Provision (OTP), Corptax Provision, Bloomberg Tax Provision, Longview Tax, and other products. We even optimize provisions using non-tax provision solutions like Microsoft products and other data management solutions.
How we work with you
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Co-sourced
Whether leading or supporting your operational needs, we become an integrated part of your tax function, working side-by-side with your team.
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Outsourced
Our outsourcing model delivers the best people and processes, providing a streamlined, cost-effective solution.
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Project-based
Our project-based solutions offer specialized support in technology, planning, assessment, integration and other key initiatives.
