An agreement on a common VAT framework to be implemented across the GCC states is expected on 1 January 2018. In order to implement VAT across an organisation, it is essential that the finance team understands the principle rules of accounting for VAT. So Agxauditors will help you begin to prepare for this change. The programme is designed to cover the principles of VAT accounting, and its impact on individuals and businesses in Dubai.
It demonstrates how VAT works and who is likely to be affected by its implementation throughout the Dubai.In this course delegates will learn about the documentation required for both outputs (sales) and inputs (purchases and expenses)of the business, as well as procedures and controls that may be implemented to ensure the accuracy of the VAT accounts and records. The course uses a mix of interactive techniques, such as brief presentations by the consultant, application of theories and group exercises to exchange experience and apply knowledge acquired throughout the course.