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Taxation Fundamentals for Finance Professionals Course

Training by  Trainingcred
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On-Site / Training
Aug 26, 2024 - Aug 30, 2024
USD  1,100.00

Details

Introduction
Taxes play a crucial role in shaping the financial landscape of organizations and individuals. In this course, we will demystify the complex world of taxation and provide you with the foundational knowledge and skills necessary to navigate tax regulations and optimize financial outcomes. Get ready to embark on a transformative journey that will empower you to make informed tax-related decisions and contribute to the financial success of your organization!
Why should you attend this training course?

The Taxation Fundamentals for Finance Professionals training course provides a comprehensive overview of the fundamental concepts and principles of taxation. Through a combination of theoretical frameworks, practical examples, and case studies, you will gain a deep understanding of various tax regimes and their implications for financial decision-making. From income tax to corporate tax, you will explore key tax concepts, compliance requirements, and tax planning strategies. By the end of this course, you will be equipped with the knowledge and skills to navigate the complex world of taxation and make informed financial decisions.

Who will benefit from this course?

This training course is designed for finance professionals, including accountants, financial analysts, tax advisors, and individuals working in finance-related roles. It is also beneficial for business owners and managers who want to gain a solid understanding of taxation principles and their impact on financial decision-making.

What are the Organizational and Professional Benefits of this course?

Organizational Benefits:

  • Enhanced tax compliance and reduced risk of penalties.
  • Improved tax planning and optimization of financial outcomes.
  • Increased understanding of tax implications for strategic decision-making.
  • Greater efficiency in tax-related processes and reporting.
  • Compliance with tax laws and regulations.

Professional Benefits:

  • Enhanced knowledge and skills in taxation fundamentals.
  • Increased career opportunities in finance and accounting roles.
  • Improved ability to provide tax-related advice and guidance.
  • Better understanding of tax implications for financial decision-making.
  • Professional development and advancement in the finance industry.
What are the objectives of this course?
  • Understand the basic principles and concepts of taxation.
  • Identify the different types of taxes and their implications for organizations and individuals.
  • Gain knowledge of tax compliance requirements and reporting obligations.
  • Explore tax planning strategies to optimize financial outcomes.
  • Understand the impact of taxes on financial statements and financial decision-making.
  • Analyze the tax implications of various business transactions.
  • Stay up-to-date with the latest tax regulations and developments.
How do we train: Our Dynamic Training Approach

This training course adopts a learner-centric approach, combining theoretical knowledge with practical applications. It incorporates interactive lectures, case studies, group discussions, and real-world examples to facilitate active learning and knowledge retention. Participants will have the opportunity to engage with industry experts, share experiences with peers, and apply their learnings to practical scenarios. Additional resources and reference materials will be provided to support continuous learning.

Outline

Module 1: Introduction to Taxation
  • Understanding the importance of taxation in finance
  • Overview of different types of taxes
  • Taxation principles and concepts
Module 2: Personal Income Tax
  • Taxable income and exemptions
  • Deductions and tax credits
  • Filing requirements and deadlines
Module 3: Corporate Taxation
  • Taxation of corporations
  • Tax planning strategies for minimizing corporate taxes
  • Impact of tax laws on financial decision-making
Module 4: Value Added Tax (VAT) and Sales Tax
  • Basics of VAT and sales tax
  • VAT registration and reporting
  • Treatment of VAT/Sales tax on financial statements
Module 5: International Taxation
  • Overview of international tax systems
  • Transfer pricing and cross-border transactions
  • Double taxation treaties and tax planning for multinational organizations
Module 6: Tax Compliance and Reporting
  • Tax return preparation and submission
  • Tax audit and investigation process
  • Penalties for non-compliance
Module 7: Tax Planning Strategies
  • Tax-efficient investments and structures
  • Capital gains tax planning
  • Tax implications of business transactions
Module 8: Taxation and Financial Decision-making
  • Impact of taxes on investment decisions
  • Tax considerations in mergers and acquisitions
  • Evaluating tax consequences for capital budgeting
Module 9: Taxation and Financial Statements
  • Tax provisions and deferred taxes
  • Tax disclosures in financial statements
  • Impact of tax on financial ratios
Module 10: Recent Developments and Updates in Taxation
  • Stay updated with changes in tax laws and regulations
  • Emerging trends and challenges in taxation
  • Implications of digitalization on tax compliance

Schedules

Aug 26, 2024 - Aug 30, 2024
No. of Days: 5
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Trainingcred Institute is a global institutional capacity building, technical and management consultancy firm with its head office in Nairobi, Kenya. Trainingcred  offers technical and management consultancy services as well as education and training services designed for individuals’ and groups from organizations working in public, not for profit and private sectors.

Trainingcred has identified itself with a niche market that largely comprises of Government ministries, departments and agencies (MDA’s) and UN agencies, Non-Governmental Organizations, from Africa, Europe, Asia, Middle-East and the Caribbean. We have also served academic institutions, international research organizations, financial institutions and private companies from across the globe.

Our education and training services are aimed helping individuals improve their professional knowledge, competence, skill, and effectiveness and enable the institutions to get the best out of their workforce. This is achieved through conducting high impact professional diploma and certificate courses, short courses, conferences, workshops and seminars.
Trainingcred Institute
Kenya
+254759509615
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