Advansmart
Training on Accounting (IPSAS) and Taxations for NGO’s and Associations
Training on Accounting (IPSAS):
IPSAS (International Public Sector Accounting Standards): Guides NGOs and associations on preparing and presenting financial statements to ensure transparency, consistency, and comparability.
Purpose: Educates participants on effectively using IPSAS standards, understanding their principles, requirements for financial reporting, and implementation in financial practices.
Benefits: Enhances credibility and reliability of financial statements, attracting donors, securing funding, and maintaining accountability to stakeholders.
Taxations for NGOs and Associations:
Tax Responsibilities: Covers tax obligations like filing returns, paying taxes, and keeping accurate records.
Tax Exemptions: Helps identify potential tax exemptions and understand eligibility criteria.
Compliance: Ensures understanding of steps to comply with tax laws, including timely submissions and accurate record-keeping to avoid penalties and legal issues.
