AI News NQ Analysis

Over 50% of Corporate Tax Filing Relies on Veterans, Only 3.8% Have Manuals; About Half Use Excel for Tax Simulation, Highlighting Personalization and Inefficiency

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AI Summary (NQ-processed)

PCA released a survey on corporate tax filing practices. 54.3% feel work is personalized to specific individuals, and about half use Excel for tax simulations, highlighting inefficiency and over-reliance on veteran staff. Lack of integration with accounting software is also a key issue.

AI Analysis

Frequently Asked Questions

Q: What is the purpose of this survey?
A: PCA conducted this survey with 109 of its own corporate tax filing personnel to clarify the actual state and challenges of the work.
Q: What is the rate of work personalization?
A: 54.3% of respondents feel work is personalized to specific individuals, revealing a heavy reliance on veteran staff.
Q: How prevalent is using Excel for tax simulations?
A: 48.6% (about half) use their own Excel for tax simulations, while only 21.1% utilize filing software for this purpose.