Consumption tax treatment process

Risk assessment

Treatment process
(Consumption tax - GST/HST, QST, PST)

Discover where your risks lie

Treatment process
(Consumption tax - GST/HST, QST, PST)

Discover where your risks lie

Identify the risks

to avoid unpleasant surprises

Auditors, too, have refined their methods. What will the next tax audit show, and how will it impact your organization? What is the cost of not knowing?

Our professionals assist managers in identifying weaknesses that could elude the vigilance of their indirect tax management systems.

Using information gleaned from data warehouses, our professionals check and analyze transactions (expenses and/or revenues) to ensure that the tax treatment is compliant. This diagnostic step serves to reveal potential risk elements requiring special attention. By order of priority, our professionals propose changes to managers in order to minimize future risks.

An assessment risk review of the consumption tax process is:

• Tax treatment process
• Fiscal analysis of agreements (targeted)
• Corrective strategies

Why conduct a risk review?

  • to gain an overview of potential risk elements
  • to adopt corrective strategies for the risks identified
  • to receive support from experts before, during and after the application of corrective measures
  • to define and improve your internal controls
  • to minimize unfavourable financial impacts
  • to raise awareness of certain types of risk among your staff
question

This risk assessment calls for an investment in time and resources, which managers generally do not have. The risk assessment thus makes it possible to propose solutions to managers and to apply corrective measures to each situation identified.

Our professionals could recommend changes in the way that data for a given transaction is entered in your accounting system. They could also help you draft a request for interpretation and an advance tax ruling aimed at achieving clarification under specific circumstances.

Our professionals are available to support you and answer your questions following the risk assessment.

Our services

General review

potential recoveries in indirect taxes

General review

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Compliance review

accounts-payable analysis

Compliance review

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Plan an assessment review

Annual monitoring service

integrated and personalized offer

Continuous improvement

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Consulting services

Commodity taxes

Consulting services

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Go to the specialists!

Make the most of the expertise of our financial efficiency specialists and
act now to schedule a review with one of our professional teams.

Go to the specialists!

Make the most of the expertise of our financial efficiency specialists and
act now to schedule a review with one of our professional teams.