Challenges and Strategies Faced by Enterprise Financial Management under the Background of Tax Automation

This study explores the challenges and opportunities brought by tax automation to corporate financial management in America. In terms of challenges, the article points out the complexity and variability of tax regulations, the stability and security requirements of tax information systems, and the need to enhance professional competence in tax accounting. In terms of opportunities, tax automation has significantly improved financial work efficiency, reduced compliance risks, promoted the rationality of tax planning, and enhanced the market competitiveness and risk resistance of enterprises. To address these challenges and fully utilize opportunities, the article proposes a series of measures, including deepening the study of tax regulations, automating salary and tax processes, dynamically monitoring financial and tax policies, optimizing salary and tax planning, and utilizing big data technology for in-depth financial analysis to promote the optimization and upgrading of enterprise financial management.

Authors

Institutions

Publication Details

Journal
Scientific journal of economics and management research.
Published
2024-09-26
DOI
https://doi.org/10.54691/cn4aja25
Citations
1
Primary Topic
Legal and Policy Issues
Type
article
Field-Weighted Citation Impact
4.07
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Challenges and Strategies Faced by Enterprise Financial Management under the Background of Tax Automation

Yiwen Chen
1 citations
Scientific journal of economics and management research.
Legal and Policy Issues
4.07
article

Challenges and Strategies Faced by Enterprise Financial Management under the Background of Tax Automation

Yiwen Chen
article en
1 citations

Abstract

This study explores the challenges and opportunities brought by tax automation to corporate financial management in America. In terms of challenges, the article points out the complexity and variability of tax regulations, the stability and security requirements of tax information systems, and the need to enhance professional competence in tax accounting. In terms of opportunities, tax automation has significantly improved financial work efficiency, reduced compliance risks, promoted the rationality of tax planning, and enhanced the market competitiveness and risk resistance of enterprises. To address these challenges and fully utilize opportunities, the article proposes a series of measures, including deepening the study of tax regulations, automating salary and tax processes, dynamically monitoring financial and tax policies, optimizing salary and tax planning, and utilizing big data technology for in-depth financial analysis to promote the optimization and upgrading of enterprise financial management.

Scientific journal of economics and management research.Vol. 6(9)
Deloitte (United States) (US)
Decent work and economic growth
Openalex Percentile: Top 8%
Legal and Policy Issues
4.07
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.

Challenges and Strategies Faced by Enterprise Financial Management under the Background of Tax Automation — Yiwen Chen · Scientific journal of economics and management research. (2024) | TGRS Research Map | TGRS