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Summarize newly implemented EDI system for the team and recommend how the tax team can leverage this new system for this year's tax work.

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Your tax client this year implemented an EDI system for its customers and suppliers. The senior has asked you to summarize this system for the team and to recommend how the tax team can leverage this new system for this year's tax work.

This brief document MUST not to exceed (one full page), 12 pt font and double spaced with 1 inch margins, should demonstrate that you understand the topic given from the NN and have given it thought as it impacts the accounting workplace. The impact can be anything accounting related in financial accounting, audit, tax or risk assurance. The answer for the recommendations part of the question CANNOT be found in the textbook or on the internet. It is the intent that you provide YOUR OPINION .

 

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