Loading Events

« All Events

  • This event has passed.

Session 2: Development of Tax Audit Skills Sub-Regional Virtual Workshop

April 14, 2021 @ 11:00 am - 3:30 pm

The workshop is a joint initiative with the International Monetary Fund (IMF), Pacific Financial Technical Assistance Center (PFTAC) and the PITAA Secretariat

Participants in the Tax Audit Program will experience a wide range of subjects directly related to audit good practices. The program will cover the following:

  • Role of audit, integrity, professionalism, and tax secrecy;
  • Audit and the Tax Compliance Model;
  • Audit process, best practice and using audit checklists;
  • Income Tax: basics of accounting and interpretation of financial statements;
  • Tax reconciliations;
  • Overview of VAT audit process, documentation and risks;
  • Indirect audit methods: using 3rd party information, reconstruction of income/sales, confirming expenses claimed;
  • Common audit issues and approaches to address the issues;
  • Conducting taxpayer interviews;
  • Estimating taxpayers tax liability; and
  • Discussion on audit questions from participants.

Participants will participate in discussions and practical audit case work to address real-life audit issues, sharing their experiences with all participants.

Details

Date:
April 14, 2021
Time:
11:00 am - 3:30 pm
Event Category:

Organizer

Venue