Cross-border trade

In today’s rapidly evolving global economy accountants face a unique set of challenges. The landscape of international trade has shifted dramatically bringing with it a complex web of cross-border compliance obligations that accountants can help clients navigate and in the process enhance their trusted adviser status.

The globalisation of trade coupled with landmark rulings such as the 2018 US Supreme Court South Dakota v Wayfair decision has ushered in a new era of cross-border complexity. And it has not gone unnoticed by businesses. Our research shows that cross-border complexity is affecting the ability of businesses to grow with eight in ten businesses reporting that complexity impacts their decision to sell to new markets.

As businesses of all sizes increasingly venture into international markets they turn to their trusted accountants for guidance on how to navigate new compliance regulations. If...