The time is now for the tax industry to push past the status quo and embrace innovation. Faced with technological changes such as automation, blockchain, AI and advanced analytics, coupled with the potential for comprehensive tax reform, today’s tax industry must necessarily have a laser focus on reinventing itself.
What will the tax function of the future look like? What unique skillsets will tax professionals need to acquire? What new technology will be needed to comply with new laws? How will organizations manage the change that comes with innovation? These are just a few of the questions that need to be addressed.
During Grant Thornton’s recent executive workshop, “Operating in a Changing Landscape,”
the firm’s tax leaders shared insights about tax innovation and the implications of potential tax reform. The workshop is part of the year-long program series— Future Ready Business: Washington Impact
—developed in partnership with Bloomberg BNA to help businesses understand and prepare for sweeping tax- and regulatory-policy changes.
In this video, learn key insights about tax innovation including:
Impact of emerging technologies on the tax industry
- A look at the tax function of the future
- The need to embrace innovation to address core challenges
- Tax innovation value drivers and solutions
Watch the video below to hear compelling insights from Grant Thornton’s Oscar Osorio
, national tax leader-innovation and strategy, Administration; David Auclair
, national managing principal, Washington National Tax Office; Doreen Griffith
, national tax leader-advisory and growth, Tax Reporting and Advisory; as well as Peter C. Mitchell
, senior vice president and chief financial officer, Coeur Mining, a Grant Thornton client.
Gain more insights:
Tax reform: Will pass-throughs get passed over?
Overhauling the tax system: Corporate impacts
There is a revolution in the tax industry