- IFRS consolidation - Accounting production: How to produce IFRS consolidated financial statements
- Financial statements and appendices - Balance sheet, income statement, cash flow statement, statement of changes in equity, ICOs, appendices
- Tax consolidation - Deferred tax, tax proof, tax consolidation
- IFRS - International Financial Reporting Standards (IFRS)
Improvement
Target audience
- Consolidators
- Chartered accountants, statutory auditors
- Finance, consolidation and accounting managers
- Users of financial statements
1 day
Tax proof training
Prerequisites
It is recommended that you have a solid understanding of the principles of deferred tax accounting or that you have completed the “Calculation and Accounting for Deferred Taxes” [FHCCID] training course .
Objectives
◗ Learn the principles for preparing the tax liability statement under IFRS and French accounting standards.
◗ Audit a tax return.
◗ Understanding how to optimize the effective tax rate within an international group.
Training program
◗ A Reminder About Taxes, the Philosophy Behind Tax Documentation, and the Effective Tax Rate (ETR)
– Principle of Deferred Tax Accounting
– Permanent Tax and Consolidation Differences
– Tax Proof Methodology
– The 3 Sources of Discrepancies
✔ APPLY | Case Study: Analysis of Discrepancies Between Accounting Income and Taxable Income
◗ Tax proof analysis
– The requirements of IAS 12
✔ UNDERSTANDING | Review of tax evidence for publicly traded groups
◗ Tax proof table construction
– Impacts of Permanent and Consolidated Differences
– Focus on the Parent-Subsidiary Regime and Tax-Transparent Entities
– Analysis of Carryforward Losses
– Tax Credits, CVAE, and Supplementary Taxes
– Provisions for Uncertain Tax Positions (IFRIC 23)
– Transactions at a Specific Tax Rate
– Impact of Foreign Subsidiaries and Withholding Tax Issues
– Treatment of Variable Carryforwards
✔ APPLY | Case Study: Tax Certificate at the Consolidated Level
✔ APPLY | Case Study: Tax Certificate and Loss-Making Companies
✔ APPLY | Case Study: Non-Application of the General Tax Rate
✔ APPLY | Case Study: International Tax Evidence
✔ APPLY | Case Study: Tax Credits and Variable Carryforward in Tax Evidence
◗ Difficulties: deferred taxes and financial instruments
– Comparison of IFRS and tax treatment
– Deferred taxes and equity securities
– Tax credit and net investment hedge
✔ UNDERSTANDING | Summary table by category of financial instruments
◗ Error detection
– How can you use tax documentation to identify errors?
✔ APPLY | Summary Case Study
Why choose this course?
This training course covers the principles of deferred tax treatment and their practical application through the preparation of the tax proof table. It provides a detailed overview of the practical difficulties encountered when drawing up the tax proof table and the corresponding solutions. Using concrete examples, it addresses the issue of optimizing the effective tax rate.
Teaching and assessment methods
Before the training: Submit your expectations via your online portal 15 days before the training begins and complete a self-assessment of your skills.
Teaching Methods: A variety of methods to cater to different learning styles, encourage active participation, and reinforce learning through experimentation and practice.
Educational materials: presentation materials, reference materials (summary sheets, tables, etc.), and other resources available in your account.
During the training: a mix of theoretical concepts and examples drawn from real-life cases. Participants are given the opportunity to engage in role-playing exercises. Numerous practical exercises allow participants to demonstrate their mastery of the skills as the training progresses.
Monitoring and evaluation: attendance sheet and certificate of completion. Immediate and post-training evaluations conducted using the LearnEval platform.
Price
1 295 € EXCL. TAX
Testimonials
Tax proof training
Tax proof training
Tax proof training
Jonathan C.
Company
Training