This online course is an introduction to certain of the basic and fundamental principles to the preparation or review of a corporate tax calculation. This course focuses on some of the key tax principles, processes and controls necessary to produce an accurate and complete tax calculation, and have been designed around the key proofs and workings that should be prepared for any tax calculation:
- The tax rate reconciliation
- The deferred tax proof – with a focus on temporary differences and IAS12 principles
- The fixed asset proof
- The SARS account reconciliation
Each of these proofs and reconciliations is explained in a practical manner. For each of the proofs or reconciliations, the theory to key adjustments is explained, but more importantly, participants will work through a number of worked examples which explain the application of the theory.
The course is broken down into 5 sessions. Each session is followed by a short assessment to test the knowledge gained.
After successfully completing the course, you will receive a certificate of completion (3 CPD/CPE hours).