1. INCOME TAX PROVISION SERVICES
The heightened scrutiny of income tax provisions, increased demands on internal control processes and related
documentation, as well as the escalating need for independent tax counsel has placed greater demands on the
effective management of the tax function. To ensure that your company operates with efficiency and efficacy, you need
the advice of experienced, independent tax professionals.
Whether your company is seeking to improve tax accounting internal controls, processes and software systems, or is
seeking advice on risk management, Alvarez & Marsal Taxand, an affiliate of leading independent global professional
services firm Alvarez & Marsal (A&M), can help you tackle your most complex income tax accounting issues.
THE A&M TAXAND ADVANTAGE Tax Provision Software Implementation
When the stakes are high, A&M Taxand Software is a critical component in managing
professionals can augment your in-house your taxes and your business. Streamlined,
knowledge with extensive experience and a user-friendly software can be the difference
fresh perspective that is independent from between efficiency and operational disorder.
your financial auditor. A&M Taxand can assist you in assessing your
income tax provision software and tax data
With significant industry and Big Four
warehouse needs, as well as support the
experience in preparing, reviewing and auditing
subsequent selection and implementation.
tax provisions across diverse industries, our
team of senior professionals offers practical Tax Accounting Process Simplification
solutions to the increasing challenges of income As businesses grow or transform, tax provision
tax accounting and can work with you to processes can become disjointed or onerous.
improve your tax accounting processes A&M Taxand professionals can diagnose the
efficiently and economically while enhancing sources of your income tax provision complexity
the quality of your tax provision calculations. and design, document, and implement more
Because Alvarez & Marsal Taxand does not streamlined tax provision processes.
offer audit services, neither we nor our clients
spend any time clearing independence
Tax Department Operational Reviews,
Assessments and Consultations
The heightened scrutiny of
issues – a time-consuming process that
reduces effective and responsive client service. The process of identifying functional and income tax provisions has
operational issues within your tax department
Instead, we are able to partner with clients
and advocate in their best interest. can be elusive without objective outside placed greater demands on
counsel. A&M Taxand can provide independent
tax department operational reviews and related the effective management
OUR SERVICES consultations, enabling you to maximize the
Tax Provision Preparation and Review efficiency and effectiveness of your department. of the tax function.
Adequate internal resources are not
Tax Contingency Analysis
always available for the effective and timely A&M Taxand professionals can help you
preparation and review of tax provisions. determine the sustainability of tax positions,
A&M Taxand can prepare your income whether from a financial statement or other
tax provision or serve as an independent perspective, by analyzing and addressing
review critical to Sarbanes-Oxley (SOX) ASC 740 and ASC 450 (i.e., FIN 48 and
compliance, including preparation or review SFAS 5) issues.
of your tax basis balance sheets.
www.alvarezandmarsal.com

2. Sarbanes-Oxley Section 404 and Tax Provision Software Implementation ABOUT ALVAREZ & MARSAL TAXAND, LLC
Internal Control Consultations In an effort to streamline the tax provision
A&M Taxand assists with SOX-related matters, processes of one of the nation’s largest Alvarez & Marsal Taxand, an affiliate of Alvarez
& Marsal (A&M), a leading global professional
including developing appropriate tax accounting electric power companies, A&M Taxand services firm, is an independent tax group made
processes. We provide internal control design, professionals assisted in selecting and up of experienced tax professionals dedicated
implementation, documentation and testing implementing one of the leading tax provision to providing customized tax advice to clients and
services. In addition, if your company has been software packages. The software will allow investors across a broad range of industries.
cited for deficiencies in its income tax reporting for increased efficiencies in the timely and Its professionals extend A&M’s commitment to
offering clients a choice in advisors who are free
process or if you need assistance in developing accurate reporting of the company’s income from audit-based conflicts of interest, and bring
appropriate tax accounting processes, we can tax provision. an unyielding commitment to delivering responsive
assist you with the identification of process risk Tax Accounting Process Simplification client service. A&M Taxand has offices in major
and remediation of control deficiencies. metropolitan markets throughout the U.S., and
After falling behind in its financial statements serves the U.K. from its base in London.
Effective Tax Rate Analysis, and being cited for a material weakness in its Alvarez & Marsal Taxand is a founder of Taxand,
Benchmarking and Forecasting income tax provision processes, a leading well the world’s largest independent tax organization,
With extensive experience gained from work- services company looked to A&M Taxand which provides high quality, integrated tax advice
worldwide. Taxand professionals, including almost
ing for and with some of the world’s largest professionals to assist in designing, documenting
400 partners and more than 2,000 advisors in
tax departments, A&M Taxand professionals and implementing a streamlined tax provision 50 countries, grasp both the fine points of tax
can assist you in analyzing, benchmarking process, resulting in remediation of its and the broader strategic implications, helping
and forecasting your effective tax rate for material weakness. you mitigate risk, manage your tax burden and
improved, long-term tax planning. drive the performance of your business.
As part of these efforts, our professionals
To learn more, visit www.alvarezandmarsal.com or
worked in restating the company’s financial
www.taxand.com.
CLIENT SUCCESS STORIES statements, which ultimately resulted in its
relisting on the financial exchange.
Tax Provision Preparation and * Note: Alvarez & Marsal employs CPAs but is not a
Review Services Tax Department Reviews, Assessments, licensed CPA firm.
and Consultations
In an effort to enable a multinational software
development company to file its initial public A large global refining company sought
offering, A&M Taxand provided SFAS 109 A&M Taxand’s industry experience in
preparation and consulting services in connection assessing the operation of its tax
with the company’s S-1 filing. Calling on our department processes. As part of the
team’s vast experience operating successful assignment, A&M Taxand professionals
tax departments for major public companies, identified specific recommendations for
A&M Taxand prepared the company for one improving the effectiveness and efficiency
of its most important business events and of the tax function and its operation. We
created a solid foundation on which to meet worked side-by-side with the company’s
new challenges. management and internal stakeholders to
meet critical deadlines in reorganizing its tax
department, ultimately helping to produce
a streamlined tax function that unburdened
resources and created a more efficient workflow.
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www.alvarezandmarsal.com