Since 2007, Innovations Global Services Pvt. Ltd. is offering
CERTIFICATE COURSE INe
AUDIT & TAXATION
100% Practical Training
Classes: 2 months (60 Hours) – Online/Offline Course
Auditing and Taxation play a crucial role in the economic record-keeping process of any business. Accounting alters to a much broader tract, including everything from the business to the management of the course of money by the firm, auditing is more of a specific service. Auditing is a piece of accounting. It is an analysis of the accounting and financial reports that are initiated separately. Auditing is done to determine if the organization has adapted its operations the rules and the commonly accepted accounting principles.
Upgraded Skillset:
Skillset: Our professionals will introduce you to the changing methods and approaches for Audit & Taxation which are aligned with global training methodology.
Structured Mode:
Our course consist of 8 topics which can be completed in 60 days through regular learning. We have designed multiple batches according to the time flexibility for both online and classroom lectures which you can opt as per your time availability for weekdays and weekends.
1. Direct Taxes (Income Tax, TDS, PT)
Direct taxes are one type of taxes an individual pays that are paid straight or directly to the government, such as income tax, poll tax, land tax, and personal property tax. Such direct taxes are computed based on the ability of the taxpayer to pay, which means that the higher their capability of paying is, the higher their taxes are.
2. HEADS OF INCOME:
The computation of income tax is an important part and has to be calculated according to the income of a person. For a hassle-free calculation, the income has to be classified properly so that there is no confusion regarding the same. The government has classified the sources of income under separate heads and then the
income tax is computed accordingly. The provisions and rules are according to the details mentioned in the Income Tax Act.
3. INVOICING FORMATS:
Proper, consistent invoicing is an important part of running a small business. Good invoice management encourages regular cash flow and helps ease accounting stress. The goal of proper invoicing is to make paying as convenient as possible for your customers. To accomplish this, you’ll want a simple strategy for generating,
sending, and managing your invoices.
4. ITR & PAN/TAN APPLICATION PROCESS:
Tax Deduction Account Number or Tax Collection Account Number (TAN) is a ten digit alphanumeric number. It is required to be obtained by all persons who are responsible for deducting tax at source or who are required to collect tax at source.
TAN is allotted by the Income Tax Department of India under section 203A of Income Tax Act, 1961. It is mandatory to quote TAN on all TDS returns and challans.
5. INTERNAL & EXTERNAL AUDITS:
An audit includes examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well
as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
6. GOVT. e-FILING & ONLINE PORTALS:
We will be providing hands on experience about how to fill the Govt. forms and also to handle online portals.
7. GST REGISTRATION & FILING:
Practical knowledge will be provided about how to register yourself for the GST and file the GST yourself.
8. INTRODUCTION TO ADVANCE ACCOUNTING:
Advanced Accounting provides usage-based information for a wide variety of system resources so that you can develop comprehensive charge-back strategies. You can collect accounting data on resources such as disks, network interfaces,
virtual devices, file systems, processors, and memory. Interval accounting gives you the ability to view this data over system administrator-defined time intervals in order to develop chronological views. This has several potential applications, including capacity planning.
- Certificate of Completion.
- Resume making tips
- Placement assistance
