Finance, Tax & Compliance for NGOs and other NPOs Course
INTRODUCTION
NGOs, and other Not for Profit organizations including Charities and Faith-Based organizations are not immune from Taxation, Reporting and other Compliance requirements. The widely held perceptions on exemptions expose these organizations to significant risk of non-compliance penalties and fines. Furthermore, the emerging focus by KRA on NGOs and other NPOs for non-compliance on specific areas is evidence that these organizations must pay more regard to their compliance obligations. While several avenues are available for NGOs and NPOs to seek exemptions on specific areas, NGOs and NPOs must familiarize themselves with these requirements and the available exemptions and aggressively seek these exemptions. Boards, Trustees, Executive Committees, CEOs, HODs and other Managers must understand what the legislative requirements are, avenues for seeking exemptions and other planning measures that they can take advantage of as a basis of mitigating non- compliance exposures and reducing the overall costs to the organization.
DURATION
5 Days
WHO SHOULD ATTEND?
- Directors
- CEOs
- Eos
- Executive Directors
- Executive Committees of the Board
- Country Managers
- Trustees
- Board Members
- Treasures
- Heads of Finance
- Heads of Programs
- Program Managers
- Finance Managers and Officers
- HR Managers & Officers
- Admin Managers & Officers
- Budgeting officers
- Payroll Accountants
- Compliance Staff
- Audit Staff
- Office Administrators
- Project Managers
- Fund Raising Managers
- Grant Managers
- Program Officers
- Tax Managers.
COURSE OBJECTIVES
At the end of this IRES training seminar, you will learn to:
- Recognize the principles, techniques and Tax practices applicable to every business
- Identify how Tax principles, techniques and practices apply
- Evaluate the important of tax compliance
TOPICS TO BE COVERED
- Overview of Tax, Finance & other Compliance Requirements for NGOs, NPOs, Charities & Faith Based Organizations
- Emerging Trends in taxation for NGOs, NPOs, Charities & Faith Based Organizations
- Payroll Tax for NGOs , NPOs, Charities & Faith Based Organizations
- Expatriate Taxation, Tax on Internationally Recruited staff, Volunteers, Relief Workers
- Cash and Non- Cash benefits for Local, Expatriates and Internationally Recruited staff
- Local & International Pension Schemes
- Tax exemptions
- ‘Business Tax ‘for NGOs
- KRA Audits- Triggers & Management
- Other Taxes- Withholding Tax, VAT, Exemptions
- Labour Laws issues affecting NGOs & other NPOs
- Financial Reporting for NGOs , NPOs, Charities & Faith Based Organisations
Enroll for this Course
We are proud to offer this course in a variety of training formats to suit your needs.
Benefits of Taking a Course at IRES
LEARN
Our courses are carefully curated to keep you abreast of latest industry trends, technological advancements, and best practices. We employ a variety of teaching methodologies, including hands-on workshops, case studies, and interactive sessions, all aimed at fostering an engaging and effective learning environment. Our expert instructors bring a wealth of knowledge and real-world experience, providing our clients with insights that can be immediately applied in their professional lives.
NETWORK
Our courses serve as a vibrant platform for professionals to connect and engage with a diverse community of peers, industry leaders, and experts. By participating in our programs, you gain access to an invaluable network that spans across various sectors and geographical boundaries. This networking aspect is not just about forming professional relationships; it's about creating a supportive ecosystem where ideas, opportunities, and collaborations can flourish.
GROW
Our courses are designed to challenge and inspire professionals to step out of their comfort zones and explore new horizons. Through a combination of theoretical knowledge and practical application, our programs help professionals refine their existing skills and acquire new ones, making them more versatile and competitive.
FAQs & Course Administration Details:
Who else has taken this course?
| # | Job Title | Organisation | Country |
|---|---|---|---|
| 1 | Senior Finance Officer | Namati Kenya | Kenya |