Getting Creative to Tackle the Challenges of Tax Regulatory Changes

Venue

This is a virtual event, accessible online and over the phone. Access instructions will be provided after registration.

Description

The pace of regulatory changes, such as Federal tax reform, State responses to Federal tax reforms, and GAAP/IFRS changes such as ASC 606, ASC 842, and IFRS 16, seems to be ramping up. These changes have a domino effect – accounting changes impact tax and tax changes impact accounting work. In the end, business processes and financial controls are frequently broken by these changes which gives you new opportunities to review process and streamline workflows. 

Join Ryan Sheehan, Senior Product Manager for Bloomberg Tax Fixed Assets, Corporate Tax Analyzer, and State Tax Analyzer along with Janet Techman, Tax Manager at Ulta Beauty who recently implemented regulatory changes using the Bloomberg Tax Automator, share real world lessons learned and how automation reduced the work load while improving turn-around time, accuracy, and financial controls. 

Educational Objectives: 

  • Identify the challenges created by changes in law, accounting standards, and tax codes for accounting and tax departments

  • Learn how technology can be leveraged in creative ways to overcome challenges of regulatory change

  • Understand processes necessary to successfully implement technology solutions

Who would benefit from attending this program?

This program is designed for c-suite executives, and directors and managers within corporate tax and accounting departments.

Presenters

Janet Techman
  • Tax Manager
  • Ulta Beauty

Janet Techman is a Tax Manager at Ulta Beauty, Inc. She has over 22 years of experience with Ulta Beauty, working in various roles throughout her tenure. She has seen Ulta Beauty grow from 66 stores to over 1,100, and worked to implement processes and technology to solve the complex challenges of rapid growth. Currently, she primarily oversees Ulta Beauty’s personal property tax, unclaimed property, and fixed assets reporting functions.  

Ryan Sheehan
  • Senior Product Manager
  • Bloomberg Tax

Ryan Sheehan is a Senior Product Manager for Bloomberg Tax Technology. He is responsible for Bloomberg Tax’s Corporate Tax products, including Fixed Assets, Corporate Tax Analyzer, and State Tax Analyzer. Prior to Bloomberg Tax, Ryan was a CPA at KPMG’s Washington D.C. Metro office in the Business Tax Services practice.  

Continuing Education

Credits:
1.0 General COA
Level:
Basic
Production Date:
05/09/2019