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X-ORIGINAL-URL:https://auditaxinternational.co.tz/
X-WR-CALNAME:Auditax International
X-WR-CALDESC:Expertise for Your Growth.
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CLASS:PUBLIC
UID:MEC-bb1662b7c5f22a0f905fd59e718ca05e@auditaxinternational.co.tz
DTSTART:20250514T210000Z
DTEND:20250516T210000Z
DTSTAMP:20250408T153100Z
CREATED:20250408
LAST-MODIFIED:20250411
PRIORITY:5
SEQUENCE:3
TRANSP:OPAQUE
SUMMARY:A 2 DAY TRAINING ON FINANCE AND TAX FOR NON – FINANCIAL MANAGERS & BOARD MEMBERS TO BE HELD ON 15TH & 16TH MAY 2025 AT ZANZIBAR
DESCRIPTION:Auditax International has organized a 2 days seminar on Finance for Non -Financial Managers and Tax Compliances to be held from 15th & 16th May 2025 at Zanzibar. The training is for those in managerial and non-managerial roles and professionals in all disciplines such as Operations, procurement, project management, marketing, sales, business development, production etc. including Executive Directors, Chief Executive Officers and Managing Directors, Accountants, Auditors,  Directors, Heads, Managers and Assistant Managers, Board Members and other professionals of various departments in the public Sector, Non-Governmental Organizations (NGOs), Banks, Insurance, Telecommunications, Construction, Microfinance, Manufacturing, Public Sector, Real Estate Development, Academic Institutions etc.\nScope of the Seminar\n\nFinancial Statements Fundamentals and Compliance\n\nIdentify the components of the three key financial statements – Income Statement, Balance Sheet/Statement of Financial Position and Cash Flow Statement – and understand their purpose.\nLearn to interpret basic financial information (e.g. revenue, expenses, assets, liabilities, cash flows) and what they reveal about an organization’s financial health.\nRecognize how these statements interrelate (e.g. how profit from the income statement affects the balance sheet, how cash flow differs from profit).\nOverview of International Public Sector Accounting Standards (IPSAS) and International Financial Reporting Standards (IFRS).\n\n\n\n\nBudgeting Fundamentals – Planning, Monitoring and Control\n\nUnderstand the purpose of budgeting in Public/NGOs/Private institutions and the budget cycle (planning, approval, execution, monitoring).\nLearn how to prepare a basic budget aligned with organizational goals or project plans, including forecasting income and expenses.\nUnderstand techniques for budget monitoring and control, such as variance analysis (comparing budget vs actual) and responding to deviations.\n\n\n\n\nTanzania Tax Laws & Compliance for NGOs, Public and Private Institutions (Both Mainland & Zanzibar)\n\nProvide an overview of the key Tanzania tax obligations relevant to NGOs, Public and Private Institutions, distinguishing which taxes they are exempt from and which they must pay.\nUnderstand the process of obtaining charitable status for tax purposes in Tanzania and the conditions required to maintain tax exemptions.\nHighlight ongoing compliance responsibilities: filing tax returns, withholding taxes, PAYE, and other statutory contributions, to ensure adherence to local laws.\n\n\n\n\nRoles of Board Members & Committees in Financial Oversight\n\nUnderstand the fiduciary duties of board members in relation to financial oversight – ensuring transparency, accountability, and prudent use of resources.\nLearn the functions of key board committees (e.g. Finance Committee, Audit Committee) and their responsibilities in budgeting, financial reporting and risk management.\nRecognize best practices and legal requirements in Tanzania for governance of financial matters in NGOs and public sector bodies.\n\n\n\n\nIntroduction to Sustainability Reporting & ESG\n\nIntroduce the concept of Sustainability Reporting and ESG (Environmental, Social, Governance) factors, and explain why they are increasingly important for organizations globally and in Tanzania.\nProvide an overview of common sustainability reporting frameworks (with focus on GRI – Global Reporting Initiative standards) and how NGOs and public institutions can use them to report on non-financial performance.\nDiscuss the relevance of sustainability/ESG for NGOs and public sector: how addressing social, environmental and governance issues can enhance accountability, stakeholder trust and alignment with national and global development goals (e.g. Tanzania’s Development Vision 2025 and the UN Sustainable Development Goals)                                                                                                                                           \n\n\n\nFees and payment: TZS 600,000 per person (VAT inclusive)-including lunch. Payments should be through bank deposit to Account no:  0150303162800, CRDB Bank, Account Name:  Auditax International or by cheque payable to Auditax International and delivered to our offices:  Dar es Salaam: Auditax House, 3rd Floor, Coca-Cola Road, Mikocheni. Zanzibar: 2nd Floor Michenzani Mall. Confirmation: Kindly confirm attendance by calling +255 719 878 490 / +255 752 559 964 or Email:  info@auditaxinternational.co.tz\nDOWNLOAD FINANCE AND TAX TRAINING FOR NON FINANCIAL MANAGERS AND BOARD MEMBERS INVITATION LETTER HERE\n
URL:https://auditaxinternational.co.tz/wp-content/uploads/2025/04/DOWNLOAD-FINANCE-AND-TAX-TRAINING-FOR-NON-FINANCIAL-MANAGERS-AND-BOARD-MEMBERS-INVITATION-LETTER-HERE-1.pdf
ORGANIZER;CN=Auditax International:MAILTO:info@auditaxinternational.co.tz
CATEGORIES:Seminars
LOCATION:Zanzibar
ATTACH;FMTTYPE=image/png:https://auditaxinternational.co.tz/wp-content/uploads/2025/04/Finance-for-Non-Finance-Managers-1516-May.png
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