Advanced Public Finance and Taxation

Description

Advanced Public Finance and Taxation

Advanced Public Finance and Taxation for CPA Advanced Level is a KASNEB course. It prepares the candidate to address public finance and taxation matters in public and private sector entities.

Download free Advanced Public Finance and Taxation CPA Advanced Level PDF notes and past papers for the new KASNEB syllabus 2021. We are the largest repository in Kenya offering free KASNEB notes and revision papers.

To pass Advanced Public Finance and Taxation New Syllabus 2021 exam, the student is expected to cover the following topics:

• External resource financing
• Public Investments
• Public Private Partnerships arrangements
• Public debt management
• Advanced aspects of the taxation of business income
• Tax administration and investigations: Investigations and enforcement department- Tax fraud – Events which may trigger an investigation – Tax investigation – Back duty and in-depth examinations – VAT computation, imported services, VAT withholding agents, restriction on input tax claim submission of VAT documents
• VAT documentation refunds, false claims and accountant’s certificate – Compensating tax – Incorrect and fraudulent returns – Customs and excise investigations – Negotiation for settlement – Tax audit – Appellant bodies and appeal procedures – Alternative dispute resolution mechanism – Application of relevant case law
• Taxation of cross border activities- Distinction between trading in and trading with a country; double taxation agreements; theory, design and application
• Regional perspective with reference to the East African Community (EAC) and the Common Market for Eastern and Southern Africa (COMESA) – Most favored nation status – Generalized system of preference and AGOA – Withholding tax provisions – Tax havens and treaty shopping – Tax information exchange agreements OECD – Transfer pricing – Application of relevant case law
• Tax planning
• Tax systems and policies
• Professional practice in taxation
• Emerging issues and trends in Advanced Public Finance and Taxation

KASNEB students should get the depth of Advanced Public Finance and Taxation in preparation for exposure to the business environment. We encourage the KASNEB students to prepare for KASNEB CPA Advanced Level exams adequately. Students taking other courses like Certified Investment and Financial Analyst (CIFA), ACCA among other KASNEB certified courses will find these resources helpful.

Many students and colleges have benefited from the resources offered by the Pass Exams Team.

Other units or courses in KASNEB CPA Advanced Level include:

• Advanced Auditing and Assurance
• Advanced Financial Reporting and Analysis
• Leadership and Management
• Advanced Management Accounting
• Advanced Public Finance Management

Upon completion of KASNEB Advanced Level, the student is on a career path to practicing accounting as an auditor, finance manager, accountant, financial analyst etc. To be a certified public accountant in Kenya, one should register with the Institute of Certified Public Accountants of Kenya (ICPAK).

One can also advance their knowledge by taking international accounting exams/courses like Association of Chartered Certified Accountants (ACCA) or Certified Financial Analyst (CFA).

Download free KASNEB Advanced Level PDF notes and past papers and KASNEB for the above units now. We also provide ACCA notes and past papers in Kenya.

Get free PDF notes for other KASNEB courses:

• Certified Credit Professionals (CCP)
• Certified Communication and Information Technologist (CICT)
• Certified Investments and Financial Analyst (CIFA)
• Certified Secretaries (CS)