A PRACTICAL 6 DAYS YEAR END AUDITING, IPSAS, TAX, RISK MANAGEMENT, FINANCIAL MANAGEMENT AND INTERNAL CONTROLS SEMINAR WITH CPD HOURS TO BE HELD AT CORRIDOR SPRINGS HOTEL – ARUSHA FROM 9th TO 14th OCTOBER 2023 WITH ONE DAY NGOROGORO TOUR

The Seminar is meant for professionals in the Public and Private Sectors Organizations including Internal Auditors, Principal Internal Auditors, Senior Internal Auditors, Internal Audit Managers, Audit Committee Members,  Accountants, Assistant Accountants, Heads of Finance Departments, Directors of Finance & Administration, Heads of Procurement Management Units (PMU), Procurements Officers and other interested parties. Participants will be awarded training certificates and CPD hours.

Topics to be covered:                                           

1. Auditing

• Auditing and Reviewing the Financial Statements: The role of Internal Auditors and Audit Committee members
• Techniques in conducting Procurement Audits
• Audit techniques to avoid audit issues
• CAG Audit findings and way forward in minimizing them
• Improving Internal function in organizations

2. IPSAS

• Introduction to IPSAS: Overview of all IPSAS
• IPSAS 1 Presentation of Financial Statements
• IPSAS 2 Cash Flow Statements
• IPSAS 3 Accounting Policies, Changes in Accounting Estimates and Errors
• IPSAS 9 Revenue from Exchange Transaction
• IPSAS 23 IPSAS 23 Revenue from Non-Exchange Transactions (Taxes and Transfers)
• Updates on New Standards Issued
• IPSAS 41 Financial Instruments
• IPSAS 44 Non -Current Assets Held for Sale and Discontinued Operations
• IPSAS 45 Property, Plant and Equipment
• IPSAS 46 Measurement
• PSAS 47 Revenue
• IPSAS 48 Transfer Expenses

3. Tax

• Taxes applicable to the Public & Private sector entities in Tanzania including Updates
• Participants will understand:
• The taxes applicable in their entities , related tax risks and how to manage them
• Taxes applicable in Zanzibar including Updates
• Participants will understand:
• The taxes applicable in Zanzibar, tax risks and how to manage them
• Withholding Tax :
• Participants will understand:
• The challenges of Withholding Tax on services, interest, royalties etc. for Banks, NGO’s, Public and Private sector entities
• Decided cases on Withholding Tax
• New TRA E-Filing system

4. Risk Management

• Improving Risk Management in Organizations
• Preparation of Risk Management policy/framework
• A Comprehensive Overview of Risks facing Organizations in Tanzania  
• How to Undertake Risk Assessment
• Preparation and Update of Risk Register
• Managing Cyber Security Risks

5. Financial Management and Internal Controls

• Improving Financial Management for Public and Private Sector Organizations in Tanzania
• Improving Internal Controls in Organizations                                                 

Fees and payment: TZS 900,000 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: Garden Avenue Tower, 7^th Floor, Ohio Street / Garden Avenue.

Confirmation: Kindly confirm attendance by calling +255 719 878490 / +255 752 559964 or Email: info@auditaxinternational.co.tz:

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