Ferry Geertman

Ferry Geertman was Director IT Audit and Data Analytics at Deloitte Netherlands. From his background in Applied Mathematics, Ferry has vast experience in data analysis, including the design and evaluation of statistical samples as part of internal and external control. In addition, Ferry has extensive experience in advising about and evaluating of (IT)- risk management and internal control for multinationals.

Ferry is member of the Steering Committee Statistical Auditing. This steering group is connected to the Limperg Institute and aims to "promote the proper (effective and efficient) use of statistical methods and techniques in auditing and related audits of financial statements and reports.

ir. F. (Ferry) Geertman (RE CISA)

KEY Group

Managing Director

M +31 6 83 79 0414

E ferry.geertman@key-group.nl

Phenix Consulting

Managing Director

E ferry.geertman@phenix-consulting.nl

Take aways 

Anticipate what users would want

We combine technical knowledge with industry understanding and knowhow of technologically advanced tools and methodologies available in the market or developed by ourselves.

What do we like to achieve

  • Focus on tax processes that could be improved
    • Manual process: same data requests are made by different stakeholders
  • As Is assessment
  • Anticipate future changes and the data needed
    • What are tax trends?
    • What is happening locally and what should be considered across jurisdictions where you operate?
    • Anticipate new stakeholders and their data needs or requests (internal and external)
  • Define scope and actions for short, mid and long term
  • Write business case for change
  • Realize sponsorship for implementation

‘As is’ assessment, actions and business case

  • What tax data is requested and by whom?
  • What tax process can be improved and what can be automated?
    • CIT, VAT, tax data warehouse
  • What is the Return on Investment?
    • Hard saving: process improvement
    • Meeting (new) tax requirement
  • What systems are in use: SAP, Oracle, etc
    • By which entities?
  • How many end-use computing tools (e.g. excel spreadsheet) do we have?
  • How do we avoid an ad-hoc solution?
    • Understand the bigger picture
    • Real problem and not the symptom

Risk and reward

Technology-related tax risk: understand and address the potential harms and benefits of (new) technology.

Technology tools & systems integration

Ascertaining proper IT support for ensuring efficient, timely and reliable reporting.

Change and project management

VAT should be considered in every aspect of the process, from concept through completion and beyond. Managing by design — looking at any process or transaction from end to end and factoring in all the requirements and controls essential to designing and optimizing a compliant VAT process.

Effective communication and teaming

We speak the language of the business and IT and no translation is needed.