Location

Community Services & Continuing Education - Alexandria

Objectives

• • To identify the accounting procedures to establish a partnership company and to prepare its financial reports, dealing with the accounting problems in case of change in partners or the liquidation of the company.• To enable students to understand the accounting standards related to the stockholders' equity and the bonds indentures in corporations. • To understand the current Egyptian tax law and the tax accountability process for both individuals and companies.

Outcomes

Upon successful completion of this course , the learners will be able to :• Describe the main features of tax accounting• Measure taxable income for juridical persons• Measure taxable income for small firms and long term contracts.• Identify the procedures of general sales tax assessment and tax collection• Measure the net tax revenue of non-commercial professions

Course Contents

Part of the: Professional Certificate in Financial and Management Accounting• Introduction to Tax accounting• Tax accountability of commercial and industrial profits The scope of taxable revenues.• Definition and general requirements for allowable deductions.• Tax Accountability of salaries and alike.• Measuring the tax base for general sales tax.• Tax accountability of non-commercial professions revenues.