Accounting and the VAT Regime in Saint Thomas and Prince
General Objectives:
This course is aimed at all professionals who wish to review, update and consolidate the knowledge and skills necessary to perform the accounting processes in the light of the rules and legislation in force in Saint Thomas and Prince, as well as acquire and deepen their knowledge in the VAT regime.
Specific Objectives:
At the end of the course trainees will be able to:
- Know and analyze the SNC (Accounting Standardization System);
- Identify and analyze characteristics, objectives and criteria of financial statements;
- Apply the knowledge acquired on a theoretical and practical basis on all the accounting work that needs to be done in a Company or Organization;
- Understand and prepare the accountability;
- Perform all closing and reporting activities;
- Identify the services provided located in national territory;
- Apply the rules of settlement and deduction of VAT;
- Know the special regimes provided for in VAT;
- Calculate the VAT of a period.
CONTENTS
Module I - Accounting
- The enterprise as a system;
- The value chain of an enterprise;
- The main functions of an enterprise;
- The formal and informal organization in enterprises;
- Most common types of company structures in Saint Thomas and Prince;
- Accounting:
- The financial perspective:
- The economic perspective:
- The monetary view:
- Other accounting statements:
- The year-end closing operations;
- The Accountability Documents.
Module II - The SNC - Accounting Standardization System
- Historical Evolution;
- The accounting and financial reporting standards;
- The constituent elements of the Accounting Standardization System and Financial Reporting:
- The purpose and basis of preparation of financial statements;
- Concepts of recognition and measurement.
Module III - VAT regime in São Tomé and Príncipe
- Introduction to the VAT regime;
- Objective and subjective incidence;
- Rules for the location of transactions;
- Exigibility;
- General Regime;
- Special regimes;
- Taxable value;
- Exemptions:
- Rates;
- Right to deduct;
- General rules;
- Exclusions from the right of deduction;
- Mixed activities - methods of partial deduction';
- Invoicing rules.
High Skills - Formação e Consultoria
Angola | Cabo- Verde | Moçambique | Portugal | S. Tomé e Princípe
Angola | Cabo- Verde | Moçambique | Portugal | S. Tomé e Princípe
