Steve Ivey Deloitte Corporate Video

0:00
Video Narration
42
0

Description

This is a 2-minute explainer video of Deloitte's upstream oil and gas tax analyzer.

Vocal Characteristics

Language

English

Voice Age

Middle Aged (35-54)

Accents

North American (General)

Transcript

Note: Transcripts are generated using speech recognition software and may contain errors.
calculating tax depletion for upstream oil and gas companies can be a very complicated and time consuming process. Using spreadsheets or even creating custom modules within your e. R P system often are increasingly ineffective and extremely expensive To implement. Deloitte's upstream tax analyzer makes it easier. The tool reduces cycle time and facilitates tech scenario planning within a tax year or for multiple tax year projections. Our proprietary Web based software streamlines the process of calculating tax depletion, analyzing the results, organizing information coming from multiple source systems and evaluation of different I. D. C. Scenarios. As a preeminent tax service provider for upstream oil and gas companies, we offer a high degree of accuracy in processing large volumes of data. Our technology can quickly identify potential problems or inconsistencies before the calculations, Air initiated our flexible import process eliminates the need to manually consolidate information. Conversion and validation are automated. Our diagnostics and calculation analytics quickly identify areas of potential focus and make it simple to visualize the flow of data at various levels of detail. Upstream tax analyzer is designed for costs and percentage depletion, leasehold cost tracking, fixed assets and you Opie depreciation, as well as intangible drilling costs with calculation reporting logic for integrated taxpayers or independent producers, whether they're corporations, partnerships or individuals where calculating tax deflation was once a well of inefficiency upstream Tax analyzer lets you use your time and resource is where you desire Deloitte, leading with innovative technology and tax analysis for upstream oil and gas.