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Co-Sourcing Finance and Tax



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Companies can use the expertise of EY to help them with finance and tax. They help their clients manage risk and improve value. EY can help clients benefit from its investments in people, processes and technology. Companies can now focus on their core taxes by co-sourcing financial and tax activities.

Flynn Flynn at Ernst & Young serves as Americas Vice President of Tax

Ernst & Young has named Kevin Flynn as the Americas Vice Chair of Tax. Flynn will be based out of San Francisco, and will be responsible for the firm's tax strategy as well as client services. Flynn has been with EY since 1985. Prior to his current role, he was an Associate Vice President in the firm's Tax practice in the United States. He is a Certified Public Accountant and a member of American Institute of Certified Public Accountants.


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In addition to his role as the Americas Vice Chair of Tax, Flynn is the Americas Managing Partner of the firm's Tax practice. He studied public policy at Cal Poly San Luis Obispo after graduating from Cal Poly San Luis Obispo.


He is also a member of the American Institute of Certified Public Accountants

Tax ey provides tax planning services for individuals and businesses. They are experts in tax credit planning, international tax planning, mergers and acquisitions, as well as international tax planning. They are members of the American Institute of Certified Public Accountants as well as the Association of Tax Professionals.

Tax ey is led by a Chartered Global Managerial Accountant and a Certified Public Accountant. He has a B.A. in accounting and a Master of Business Taxation from the University of Southern California. He is a member of both the American Institute of Certified Public Accountants as well as the Real Estate Association of Latinx Professionals. He is also a part of the Women's Economic Forum Silicon Valley. His past work experience includes his role as the Trumpet Squad Lead for the USC Trojan Maring Band. His performances have been featured on Coachella's Mainstage as well in the film Glee. He was also part of the Los Angeles Lakers band between 2010 and 2013.


job title consulting firm

Ken Dawson joined Ernst & Young’s National Tax Office as a 2017 addition. He is skilled in the areas of income tax and deduct accounting, long-term contract, leasing, and accounting foreign controlled corporations. He was previously a Tax Policy advisor at the U.S. Department of Treasury Office of Tax Policy. He was also a member of the Celia Berta Gellert Foundation and Carl Gellert Foundation boards.


An Article from the Archive - Take me there



FAQ

What should I expect from my consultant

You should hear back from your chosen consultant within a few days. They will usually ask for information about your company, including its mission, goals, products, services, budget, etc. Next, they'll provide a proposal describing the scope and estimated time frame, fees, deliverables or milestones, as well as an estimate of costs.

If everything is in order, then the parties will enter into a written contract. The type of relationship between the parties (e.g., employee-employer, independent contractor-employer) will affect the terms of any contract.

If everything goes well, the consultant should start work immediately. The consultant will have access your internal documents and resources. Additionally, you'll have access their skills and knowledge.

Don't assume that someone who is a consultant knows everything. It takes time and practice to become an expert on any subject you consult. You shouldn't expect your consultant will know everything you need to know about your business.


Why hire consultants?

There are many reasons you might need to hire a consultant.

  • You may have a problem or project that your organization needs to solve.
  • You want to improve or learn new skills.
  • You want to work closely with experts in a certain field
  • There is nobody else who can do this job.
  • You feel overwhelmed by all of the information out there and don't know where to start
  • You can't afford full-time employment

A word of mouth referral is the best way you can find a competent consultant. Ask around to see if you know any good consultants. If you are already acquainted with someone who works as an advisor, ask them for recommendations.

If you're interested in using online directories, such as LinkedIn, you can use the "Search People” feature to find consultants near your location.


What qualifications do you require to become a Consultant?

You don't just need to have a MBA, you also need to demonstrate your ability as a business consultant. You should have at least two years of experience in consulting and/or training for a major company.

You should have had experience working with senior management to create strategy. This would require you to be comfortable with presenting ideas and getting buy in from clients.

Additionally, you will need to pass a professional qualification such as the Chartered Management Institute Certified Management Consultant (CMC).


Which industries employ consultants

There are many types. Many consultants specialize in a particular type of business. Others may be more focused on multiple types.

While some consultants only work for private companies, others represent large corporations.

Some consultants also work internationally and can help companies around the globe.


What is the secret to modern consulting?

Consultants were originally accountants who could help companies manage their financial affairs. They were able to manage financial information and became "accounting experts". The role soon expanded to include other areas, including human resources management.

The French word "to advise" is the origin of the term "consultant". It was first used by businessmen to refer to someone who could give advice about how to run an organisation. Many business owners use the term "consultant" to describe any professional advisor.


Are you a qualified consultant?

You can become an expert in any subject by learning the subject thoroughly, then applying what you have learned.

So if you want to learn how to become a great consultant, start studying now!

A degree without relevant experience may make it difficult for you to be hired. But, if your qualifications are comparable to those who have been hired, you might still be eligible to apply.

Employers are always looking for people with real-world knowledge.


How can I find clients for my consulting business?

It is important to identify an area of passion. You could choose anything from public relations to social media, but it should be something you love. You may need to start small and find a niche market like web design. Once you have discovered the niche, understand what it does. What problems does it solve? What are the benefits? But most importantly, what can you do to help them?

You can also contact businesses directly.

If all else fails you can offer your services at free events such as conferences or networking nights. This will allow you to meet potential customers without the need for advertising and also allows you to showcase your skills.



Statistics

  • Over 62% of consultants were dissatisfied with their former jobs before starting their consulting business. (consultingsuccess.com)
  • On average, your program increases the sales team's performance by 33%. (consultingsuccess.com)
  • 67% of consultants start their consulting businesses after quitting their jobs, while 33% start while they're still at their jobs. (consultingsuccess.com)
  • WHY choose me: Why your ideal client should choose you (ex: 10 years of experience and 6-week program has helped over 20 clients boost their sales by an average of 33% in 6 months). (consultingsuccess.com)
  • According to statistics from the ONS, the UK has around 300,000 consultants, of which around 63,000 professionals work as management consultants. (consultancy.uk)



External Links

blog.hubspot.com


bls.gov


hbr.org


consultancy.uk




How To

How to Start a Consultancy Company and What Should I Do First

Start a Consulting Company to make some extra money from home. You don’t need to have business experience or invest capital. A good place to start your own consulting company is to build a website. Once you have a website built, you can start using social media platforms such Instagram and Pinterest to spread the word about you services.

You can use these tools to put together a plan for marketing that includes:

  • Creating content (blogs)
  • Establishing relationships (contacts).
  • Generating leads (lead generation forms)
  • Selling products online

Once you've created your marketing strategy, the next step is to find clients who are willing to pay you for your services. Some prefer to meet up at networking events or go to meetings, while others prefer to use online platforms like Craigslist, Kijiji, and others. It's up to you to make the decision.

Once you have a new client, you need to discuss terms. This could include hourly or flat fees as well as retainer agreements and flat fee contracts. It is important to clearly communicate with clients before you accept them as clients.

Hourly agreements are the most commonly used contract type for consultancy service. This contract allows you to pay a fixed amount each week or month for certain services. You may be eligible to negotiate a discount, depending on the service that you offer. Make sure you understand what you are signing when you accept a contract.

The next step is to create invoices and send them to your clients. Invoicing can seem simple until you try it. There are many options for invoices to be sent to your clients. For instance, some prefer their invoices to be emailed directly to clients while others prefer hard copies to be mailed. No matter which method you choose to use, it is important that it works for you.

After creating invoices are complete, you will need to collect payments. PayPal is popular because it is easy to use, offers several payment options, and most people prefer it. Other payment processors, like Square Cash or Google Wallet, Square Cash or Apple Pay, Venmo and Venmo are also available.

Once you're ready to begin collecting payments, you'll want to set up bank accounts. Having separate checking and savings accounts allows you to track income and expenses separately. When paying bills, it is also beneficial to set up automatic transfer into your bank account.

It may seem overwhelming to start a consultancy, but once it is done correctly, it becomes second-nature. Our blog post contains more information on how to start a consulting business.

Starting a consulting firm is a great way to earn extra cash without worrying about employees. Remote consultants don't need to be tied down by office politics or work long hours. Since you are not tied down by regular working hours, you have more flexibility than a traditional employee.




 



Co-Sourcing Finance and Tax