The Role of the Tax Adviser in the Accounting Process

The environment of the tax professional is changing. With the focus shifting from tax planning to tax compliance, tax accounting, i.e. everything relating to the tax position in the annual report, is becoming more important. Accordingly, what is the perspective of an auditor to such position? What happens to tax advice in a tax accounting process? What potential exposures and what opportunities exist for tax advisers in relation to tax accounting?