Tax Audit

knowledge in the fields of Accounting, Taxation and Audit

Theoretical-practical classes with audiovisual resources involving active participation of the student and individual and team work. Presentation and discussion of real-life case studies in order to consolidate the learning outcomes.

1. Identify and explain the main objectives and functions of tax auditing.

2. Prepare the tax audit procedure: plan, execute and issue reports.

3. Perform a tax audit to the main balance sheet topics: investments, inventories, receivables and payables accounts, accruals e deferrals, shareholders equity, treasury accounts.

4. Perform a tax audit to the income statement: expenses and revenue.

1. INTRODUCTION TO TAX AUDIT
1.1. Taxation: the basics
1.2. Audit: the basics 
1.3. Tax audit 

2. TAX AUDIT OBJECTIVES
2.1. Control and tax compliance
2.2. Tax planning

3. TAX AUDIT – BALANCE SHEET
3.1. Financial assets
3.2. Investment property
3.3. Tangible fixed assets
3.4. Intangible assets
3.5. Inventories and biological assets
3.6. Receivables and payables
3.7. Loan and similar debts
3.8. Shareholders equity

4. TAX AUDIT – INCOME STATEMENT 
4.1. Revenue and expenses recognition
4.2. Taxable income and accrual basis

Attendance and Assessment Methodology:

Attendance at classes is mandatory, except in cases covered by special arrangements established by law.

Assessment in this course will follow a mixed methodology under the following terms:

a) Assessment through a final exam – weight: 50%;

b) Continuous assessment throughout the semester – weight: 50%.

 The continuous assessment of knowledge throughout the semester will consist of two individual assignments; one of them, on a specific topic related to the content of the course unit, will be presented during class hours of the course unit.

Assessment during the recovery examination period does not take into account the continuous assessment carried out during the semester; therefore, the final grade will be based exclusively on the final exam.

NAO