THE 2nd CFOs BREAKFAST FORUM
Date: 11th JULY 2017
Venue: Sarova Panafric Hotel – Nairobi
Theme: Reflecting on the adequacy of your Corporate Tax Governance approach
Tax risk is one of those risks that entities may wish to leverage their existing corporate governance practices as much as possible, such as the company’s existing financial reporting and internal control framework. Having a strong tax control framework within the company gives confidence that tax risks are well managed. This therefore translates to less time to assess whether or not, your controls align with the principles outlined in your framework. Alternatively, the absence of a strong tax control framework signals that more resources are necessary to fully assess tax risks.