Question 2
ICAN
•
2023
•
ADVANCED TAXATION
•
mixed
Case Stimulus
Tax legislations are becoming increasingly complex thereby creating more risks for professional accountants and tax practitioners. The role of technology in running a contemporary accounting firm and/or tax practice is changing rapidly, bringing along a wide range of issues, new layers of complexity and regulatory pressure.
Your firm of chartered accountants is organising an in-house training for the newly employed audit officers and you have been mandated by the Senior Partner to prepare a paper on: “Risk and role of technology in accounting/tax practice.”
Requirements
(
a
)
Risks of running professional accounting firm and/or tax practice
(
b
)
Measures to mitigate the identified risks
(
c
)
Roles of technology in running a contemporary accounting/tax practice
(
d
)
Benefits and challenges of adopting technology by professionals in accounting firm and/or tax practice
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About This Question
This is
Ican
2023
Advanced Taxation
Question 2.
It is one of the
mixed
questions from the
2023
Ican
Advanced Taxation
examination.