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via Udemy |
Go to Course: https://www.udemy.com/course/advanced-taxation/
Certainly! Here's a detailed review, evaluation, and recommendation for the Coursera course based on the provided information: --- **Course Review: Advanced Taxation and Tax Practice on Coursera** **Overview:** This comprehensive course offers an in-depth exploration of taxation principles, tax law application, ethical considerations, and the management of tax practices. Geared towards aspiring tax professionals, accountants, and legal practitioners, the course equips learners with practical skills to navigate complex tax scenarios, understand contemporary issues like digital economy taxation, and engage effectively with tax authorities. **Course Content and Competencies:** The curriculum is robust, covering essential areas such as: - Application and advice on tax law provisions for companies - Ethical and legal issues in taxation - Management of tax practice firms - Tax planning strategies including deferral and minimization - Dispute resolution mechanisms - Tax policy formulation aligned with Nigeria’s National Tax Policy - Taxation of the digital economy and international taxation topics - Petroleum profits tax computation Participants will develop a solid foundation in Nigerian tax administration, including the roles of various government organs, constitutional fiscal arrangements, and challenges within Nigeria’s tax system. The course also emphasizes ethical standards set by the International Ethics Standards Board for Accountants (IESBA), ensuring practitioners not only possess technical knowledge but also uphold high ethical standards. **Strengths:** - **Comprehensive coverage:** The course addresses both practical and theoretical aspects of taxation, making it suitable for students and practitioners seeking a rounded understanding. - **Contextual focus:** A significant emphasis on Nigerian tax laws and administration provides relevance to learners operating within that jurisdiction. - **Modern issues:** Incorporation of contemporary topics such as taxation of the digital economy and international tax issues reflects up-to-date knowledge. - **Ethical standards:** Integration of ethics ensures ethical decision-making is a core component of training. **Who Should Enroll:** - Accounting and finance students aiming to specialize in taxation - Practicing accountants and tax consultants - Tax officials and government personnel involved in tax policy or administration - Legal professionals advising clients on tax matters - Entrepreneurs and business owners seeking to understand tax obligations **Recommendation:** I highly recommend this course for anyone interested in advancing their expertise in taxation, especially within the Nigerian context. The curriculum’s blend of practical skills, legal knowledge, and ethical considerations provides valuable tools to succeed in tax compliance, advisory roles, and policy formulation. **Final Verdict:** A well-structured and detailed program that prepares learners effectively for real-world applications in tax practice and policy. Whether you're looking to enhance your technical proficiency, understand recent challenges like digital taxation, or improve your ethical standards, this course is a valuable investment. --- If you are passionate about building a career in taxation or aiming to deepen your understanding of Nigeria’s tax system, this course on Coursera is undoubtedly worth your time. --- Let me know if you'd like a more personalized review or assistance with enrollment!
Main competenciesOn successful completion of this paper, candidates should be able to:Apply and advise on specific provisions of the tax laws in computing the tax liabilitiesof companies;Recognize and explain ethical and legal issues arising in taxation scenarios;Gain knowledge of how to run and manage a tax practice firmAdvise on tax planning including alternative tax treatments to defer or minimize taxliabilities;Understand tax dispute resolution mechanisms;Discuss tax policy formulation and apply the principles of the National Tax Policy tocontextual scenarios;Understand taxation of the digital economy and other contemporary issues ininternational taxation;Prepare petroleum profits tax computation in accordance with the relevant provisionsof the Petroleum Profits Tax Act; andDetailed syllabusCandidates are expected to:Explain the roles, duties and powers of the various organs of tax administration inNigeria;Explain the guiding principles and application of the national tax policy (NTP), 2017;Identify and explain the five fundamental principles of ethics as specified by theInternational Ethics Standards Board for Accountants (IESBA); andAcquire basic knowledge of tax legislations in computing the income tax liabilitiesrelating to individuals and corporate entities in complex situations.Liaise with tax officials, clients and other professionals in a suitable way.A Tax administration and taxation of business and investment income 40%1 Tax administration(a) Introduction to tax administrationExplain the Nigerian tax administration system with focus on:(i) Constitutional provisions regarding fiscal federalism;(ii) Structure and taxing rights of different levels of government;(iii) Role of the three arms of government;(iv) Functions of the various tax organs; and(v) Challenges of multiplicity of taxes and possible solutions.