Where Do Digitalization and Automation Stand Today in Accounting and Payroll?

By now, digitalization has transformed virtually every area of business operations, and accounting and payroll are no exception. Today, it is considered standard practice for invoices to be received electronically, bank data to be imported automatically into systems, payroll slips to be generated in digital format, and a significant portion of regulatory reporting to be submitted online and in real time.

How to Comply Effectively With the new Transfer Pricing Obligations

 

Undoubtedly, 2023 will be a great challenge again for multinational companies, not least because of the latest adjustments to transfer pricing rules. The new obligations are known in detail and effective now; thus, affected companies must apply them as soon as possible.