1: World of taxation

This course addresses the following competences:

  • Describe the statutory basis on which governments levy taxes and link this to concepts of public accountability and governance
  • Describe the overall benefits and drawbacks of taxation in the context of national governance and welfare
  • Understand and explain the necessity for raising government revenue within a framework of professional ethics and values, and demonstrate knowledge of the main aspects of such a framework and its application
Teaching Method: Online self-study
Module: Introduction to Taxation and Other Sources of Revenue
Skill Level: Beginner

2: Raising government revenue

This course addresses the following competences:

  • Demonstrate an awareness of taxation as a concept and describe the types of taxes generally levied.
  • Identify the principal sources of non-tax revenue raised by governments including charges for services, sales revenue, fines, licences, investment income and, where applicable, borrowing and grants.
Teaching Method: Online self-study
Module: Introduction to Taxation and Other Sources of Revenue
Skill Level: Beginner

3: Accounting for taxation

This course addresses the following competencies:

  • Articulate in simple terms the role accountants play in dealing with taxation as part of their professional responsibilities;
  • Apply the treatment of taxation in the prime records and bookkeeping procedures of an entity and incorporate the sums due in any trial balance and elementary financial statement for the entity.
Teaching Method: Online self-study
Module: Introduction to Taxation and Other Sources of Revenue
Skill Level: Beginner