IMPACTS OF ACCOUNTING ADVICE ON TAX PLANNING AND THE IMPACT ON ORGANIZATIONAL FINANCIAL SUSTAINABILITY.

Abstract

Accounting planning enables organizations to identify cost-sensitive areas, reduce costs and increase financial sustainability, and create an atmosphere of transparency and trust with investors, creditors, and partners. This research paper will discover the accounting meaning of reducing the tax burden and financial sustainability. Thus, the research problem relates how companies can pay less taxes with the work of accounting advisors without violating legal compliance and at the same time “improving their financial health”. This research is relevant due to a significantly high tax burden that negatively affects the competitiveness of companies in Brazil. The bibliographic methodology, based on the essence of academic sources, is the application to substantiate the inglorious accounting role of tax management.

Keywords: Accounting consultancy. Tax burden. Financial sustainability.