Taxation, FBR & QuickBooks

• Practical FBR IRIS Training: Gain hands-on experience navigating FBR IRIS and understanding the individual tax return filing process.
• Income Tax Return Preparation: Learn to prepare individual income tax returns and wealth statements using practical case studies.
• QuickBooks Accounting Skills: Develop bookkeeping skills, record business transactions, and generate essential financial reports.
• Tax Compliance Knowledge: Understand withholding tax procedures, basic tax calculations, documentation, and filing requirements.
• Professional Client File Management: Learn to organize tax records, maintain compliance calendars, and manage supporting documentation.
• Industry-Relevant Practical Exercises: Apply your knowledge through guided demonstrations, practical assignments, and an integrated case study.
• Enhanced Career Opportunities: Build foundational skills relevant to taxation, accounting, bookkeeping, and compliance-related roles.

Upon successful completion of the training, participants will be able to:

• Navigate FBR IRIS and identify the documents required for individual tax return filing.
• Prepare practice individual income tax returns and wealth statements using relevant supporting documents.
• Record routine business transactions in QuickBooks and generate Profit & Loss Statements and Balance Sheets.
• Identify applicable withholding tax obligations and prepare basic tax calculations and supporting worksheets.
• Organize tax client files, maintain compliance records, and track important filing deadlines.
• Review accounting and tax documentation to identify missing information, discrepancies, and issues requiring professional review.
• Integrate accounting, tax preparation, and compliance documentation through practical case studies and competency assessments.