Short Course in Accounting for Tax in Financial Statements

Date: Sep 1, 2020 - Oct 30, 2020

Application fee: R450.00

Once-off: R3,000.00

Lecturer: Karen van Wyk GTP(SA)
Lecturer: Roline van Jaarsveld

The short course delves into specific considerations, theoretical aspects and calculations relating to financial statements and accounting for taxation. The course will provide you with a good understanding of the accounting treatment and reconciliation of income tax and deferred tax in the statement of profit and loss and comprehensive income and statement of financial position.

We will also briefly discuss the accounting treatment of other taxes such as dividend tax, donations tax and foreign taxes.

Course overview

The course is delivered online and covers the following topics and practical areas:

Topic 1

Accounting for current income tax.

Topic 2

Accounting for deferred tax.

Topic 3

Disclosure in the financial statements.

Topic 4

Reconciling SARS balances.

Topic 5

Accounting treatment of other taxes (dividend tax, donations tax, foreign taxes and indirect taxes).

Topic 6

Ratios in financial statements and management accounts.

Topic 7

Let's get practical: a simulated scenario integrating the knowledge from all the topics.

Admission requirements

The course is geared towards tax law experts who do not have an accounting background.

Assessment and award of certificate

Assessments are via short multiple-choice quizzes and a final assignment.
Successful candidates will receive a certificate of competence and 10 CPD-hours.

Flexible payment options

Payment option 1: Once-off payment

Total: R3 000.00 (incl. VAT).

Payment option 2: Debit order

Application fee (non-refundable): R450.00 (incl. VAT).

Two instalments: R1 600.00 per month (incl. VAT).
Total: R3 200.00 (incl. VAT).

* First debit order will be collected on course start date. Remaining debit orders will be collected on the first working day of each month.

Payments and cancellations

  • All required minimum payments must be made by direct EFT or by credit card before the commencement of a course.
  • Kindly note that should debit order payment terms not be adhered to; legal action will be taken.
  • Proof of payment may be requested before access to the iLearn platform will be communicated, should your payment not reflect on The Tax Faculty’s bank account.
  • Only written notice of cancellation will be accepted.


  • If the cancellation is requested more than 10 working days prior to the course, no cancellation fee will be applicable.
  • If the cancellation occurs less than 10 working days prior to the event a 100% cancellation fee will be applicable.
  • Students who register for a course and fail to attend will be held liable for the full course fee.
  • Course application fee is non-refundable.
  • CPD event delegates who book and fail to attend will be held liable for the full event fee.
  • The Tax Faculty’s liability in the case of a course being cancelled will be limited to a refund of the course fee.

For courses with a six-month (or longer) rollout the following will apply:

  • Should a cancellation be received within six weeks of the course start date, the student will still be liable for 50% of the semester cost.
  • Should the cancellation be received after six weeks of the course start date, the student will be liable for the full semester cost.
  • Students may defer during a six-month course to any other course with a rollout planned for longer than six months.
  • The course application fee is non-refundable.

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