Year end brings extraordinary focus to achieving two critical goals:
Close the year out with the most advantageous accounting and tax strategies available.
Set the course for the next year with the right strategic plan, budget and forecast.
This is the time to act on identifying tax benefits, as well as on developing strategy, critical success factors, and key performance indicators (KPIs) to drive your company’s success in the new year.
Now is also the opportune time to recognize the shortcomings of traditional static budgeting – and consider implementing a new approach: “beyond budgeting” with quarterly rolling forecasts.