Upon finishing this Consumption Tax course effectively, participants will be able to:

• Describe the principles of and calculate consumption tax
• Explain the importance and essential details of an invoice
• Learn how to prepare and read credit notes and statements
• Carry out cross totting and creditor reconciliation exercises
• Describe the purchasing process and the documents involved
• Evaluate case studies with different tax laws in various regions

This is a collaborative training program involving lectures, seminars, group discussions, assignments, and case studies. It follows the ‘Do-Review-Learn-Apply’ model, engaging participants in practical cross totting and reconciliation exercises.

Enterprises can benefit in the following ways:

• Obtaining a customised and all-inclusive consumption tax program
• Detailed international profile for organisational consumption tax
• Saving on legal expenses due to tax violations
• Ensuring the most streamlined processes for tax related workflows
• Proper implementation of policies by trained personnel

Professionals will derive benefits including:

• Knowledge to prepare sales invoices and credits with or without discounts
• Skills to calculate and collect taxes in major global regions
• Enhanced understanding of tax compliance in specific fields like the arts