Aimed at financial, tax, accounting, and investment professionals, this introductory course is designed to give you an understanding of the conceptual structure of the Canadian Corporate Income Tax Act and its administration. The course covers the key elements of taxation and accounting for corporations. This course serves as an introduction to the preparation of a corporate income tax return and financial statements for a small business operating under a corporate structure as a Canadian Controlled Private Corporation (CCPC).
The course in Corporate Income Tax Preparation and Accounting responds to the need to prepare students to help Canadian individuals and businesses to fulfill their tax obligations honestly and on time. There is a pressing need to prepare knowledgeable tax professionals to fill leadership roles in tax management.
Basic principles of tax planning and compliance with relevant tax legislation and regulations are stressed in the program. The course will provide opportunities to master the new Canada Revenue Agency (CRA) technologies that are significantly challenging to individuals and businesses.