- Description
- Curriculum
- Reviews
This course is designed to equip candidates with the knowledge, skills, and attitudes necessary to apply public financial management principles, implement public financial management regulations at middle management levels, and prepare non-complex tax computations for individuals and corporates. Through this course, candidates will learn to navigate the public financial management landscape, compute taxes accurately, and ensure compliance with taxation laws.
Learning Outcomes
Upon successful completion of this course, candidates will be able to:
- Apply Public Financial Management Requirements in Practice in Non-Complex Environments in Both the Public and Private Sectors: Understand and implement public financial management principles and regulations to enhance financial accountability and transparency.
- Compute Taxes for Various Individuals and Entities: Accurately calculate tax liabilities for different types of taxpayers, ensuring compliance with relevant tax laws.
- Apply the Written Taxation Laws in Addressing Various Tax Issues: Utilize current taxation legislation to solve tax-related issues effectively.
- File Tax Returns: Prepare and file tax returns correctly and timely for individuals and corporate entities.
- Undertake Non-Complex Tax Reviews: Conduct basic tax reviews to identify discrepancies and ensure compliance with tax regulations.
Course Content Overview
- Public Financial Management Principles
- Middle Management-Level Financial Regulations
- Tax Computation for Individuals and Corporates
- Application of Taxation Laws
- Tax Return Filing Procedures
- Non-Complex Tax Reviews
This course is ideal for individuals aiming to deepen their understanding of public financial management and taxation practices. It is particularly suitable for public sector financial managers, accountants, and tax professionals involved in the preparation and review of tax computations and the implementation of public financial management regulations. By the end of this course, candidates will be well-prepared to apply public financial management principles effectively and manage tax-related tasks with confidence and accuracy.
-
6
The process of sharing revenue between national and county governments -
7
Division of revenue bill and county allocation of revenue bill
-
8
The role of the Commission on Revenue on Allocation
-
9
The role of the Council of Governors
-
10
National Government public funds
-
11
County Government public funds
-
12
County government revenue sources
-
58
Introduction
-
59
Income Tax Act provisions
-
60
Allowable and disallowable business expenses
-
61
Taxable business income
-
62
Sole proprietorship
-
63
Partnerships
-
64
Incorporated entities
-
65
Taxation of rental income and royalties
-
66
Taxation of Farming income
-
67
Taxation of Investment income
-
68
Turnover tax and Minimal tax
-
69
Taxation of Capital gains
-
70
Taxation of Digital income
-
71
Withholding Tax
-
80
Registration and deregistration of tax payers
-
81
Personal identification number
-
82
Taxpayer's tax representative
-
83
Tax Returns and Assessments
-
84
Collection, recovery and refund of taxes
-
85
Tax Decisions, Objections, Appeals and Relief of mistakes
-
86
Voluntary Tax Disclosure Program
-
87
Administrative penalties and offences
-
88
Application of ICT in taxation
-
89
Introduction to VAT
-
90
Rights and obligations of VAT
-
91
Registration and deregistration of businesses
-
92
Key terms in VAT
-
93
Deduction of input tax
-
94
Accounting for VAT and VAT records
-
95
Taxable and non-taxable supplies
-
96
Privileged persons and institutions
-
97
Withholding VAT
-
98
VAT returns and assessments
-
99
Remission, rebate and refund of VAT
-
100
Changes to be notified to the commissioner
-
101
Offences, fines, penalties and interest
-
102
Purpose of customs and excise duties
-
103
Imposition of customs duty
-
104
Customs procedure
-
105
Bonded warehouse and bond securities
-
106
Goods subject to customs control
-
107
Refund of duty
-
108
The Simba System
-
109
Excisable goods under excise control
-
110
Application for excise duty
-
111
Excise stamps and Excisable goods
-
112
Refund of excise duty
-
113
Excise duty returns and payments
-
114
Offences and penalties
-
115
Miscellaneous fees and levies
