TAXATION ACCOUNTING (2 Credits)

Learning Outcomes:

On successful completion of this course, students will be able to: explain the difference between accounting and tax accounting, and also basic principles of tax accounting; explain tax accounting for assets based on taxation regulation in Indonesia; explain tax accounting for liabilities and equities based on taxation regulation in Indonesia; explain tax accounting treatment for specific transactions based on taxation regulation in Indonesia; prepare fiscal reconciliation for annual tax return reporting based on tax regulation in Indonesia.

Topics:

1. Convergence of accounting standards and Taxation regulation;
2. Basic principles of tax accounting;
3. Current assets accounting;
4. Fixed assets accounting;
5. Revaluation and business combination;
6. Intangible assets accounting;
7. Liabilities, investments, equites and  foreign currency accounting;
8. Income taxes accounting;
9. Rent and construction accounting;
10. VAT and Tax on Luxury Goods Accounting;
11. Expenses and loss compensation;
12. Fiscal reconciliation.