Taxation, Audit, and Statutory Compliance Couse [ TAX & LAW] - 20 Hours

Taxation, Audit, and Statutory Compliance Couse [ TAX & LAW] - 20 Hours

The Tax is the main blood vessel of the Financial System which would accomplish the objective of the Government in levy, impose and collection of taxes in various forms. Learning Taxation is the most significant pillar of the skills set of a professional. This course enables to upgrade the skills required for a working and academic professional in a dynamic direction to accomplish his/her goals in the career.

Audit & Statutory compliances are mandatory procedures to be performed by any organization which plays a pivotal role in redefining the compliance frame work of the business enterprise.

Program Objective

To learn various taxation system, Audit procedures, Significance and compliance view of the statutory requirements effectively so that to deploy, and implement in execution of operation of the business unit in most efficient and effective direction.

The ultimate objective of this program is to understand, interpret the tax laws, Audit & Statutory requirements, in interpreting the financial statements- Income statement, Balance sheet and Cash flow of the business.

 This would involve enlightenment of skills in Tax, Audit and Statutory requirements in two dimensions-

  • To become an expert on taxing procedures while implementing them in interpreting, execution of financial statements and financial work flows
  • To become a dynamic professional in learning various Audit procedures, statutory requirements

We achieve the above program objective by adhering/ implementing the TWO WAY APPROACH in learning of Taxation, Audit, and Statutory Compliance.

  • Functional skills: Effective learning from the roots of the Taxing system in line with enhancement of academic concepts and contents

 

  • Technical Implementation skills: The subject matter experts from various industries right from IT, Software, Healthcare, BPO/ KPO, Real Estate, Banking, Telecommunication, Audit and service will deploy their expertizes, sharing best practices, real time essential scenarios in implementing your concepts/learnings Technically in in applying the tax laws, Audit and statutory requiements in a dynamic way in your real time work space.

Program Contents

  • What is a Tax?
  • Types of Taxes- Direct and Indirect Taxes
  • Application, usage, implementation of DT & IDT in Organization
  • What is an Audit?
  • Types of Audits
  • Audit procedures/Principles
  • Audit check points in Financial system
  • Indian Companies Act at summary level
  • GST System in brief/ applicability
  • India GAAP, US GAAP
  • Indian Accounting Standards, IFRS
  • SOX

Performance Evaluation

An Initial evaluation of the performance of the candidate, Identifying the improvement areas, training/ enlightening the gaps, and roll out the final evaluation before the end of the training

What Is the Out Come of the Program?

You will become a Subject Matter expert on Tax laws, Audit and Statutory Compliance perspective, become a genius dynamic professional conceptually and technically in implementing your functional skills at your work, and driving the process/project more effectively in compliance to the business requirements. In addition, a certificate is awarded after completion of the program.