Training on Taxation and Accounting Standards (IPSAS & IFRS)

About This Event

This training provides practical knowledge on financial reporting and tax compliance for Non-Governmental Organizations (NGOs) and Associations. It focuses on the International Public Sector Accounting Standards (IPSAS) and tax regulations affecting NGOs.

Importance of the Training

📌 Helps NGOs comply with international accounting standards (IPSAS).
📌 Ensures proper financial management and transparency.
📌 Guides NGOs on tax obligations, exemptions, and reporting.
📌 Improves decision-making and accountability in financial management.

Key Training Areas

A. Accounting (IPSAS) for NGOs

✅ Overview of IPSAS and its importance.
✅ Financial reporting under IPSAS.
✅ Accrual vs. Cash Basis Accounting.
✅ Budgeting & Financial Management for NGOs.
✅ Preparing IPSAS-compliant financial statements.
✅ Handling donor funding & grants accounting.

B. Taxation for NGOs & Associations

✅ Understanding tax obligations for NGOs.
✅ Tax-exempt status and how to apply for it.
✅ Withholding Tax, PAYE, and VAT compliance.
✅ Filing tax returns and avoiding penalties.
✅ Handling tax audits and dealing with tax authorities.

Event Location

Advansmart Office,  Old Dar Es Salaam Road
Second Floor, NHC building
P.O. Box 2364 Morogoro, Tanzania

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