VAT
Audit Training

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Course Overview

VAT Audit Training Program

VAT Audit Training is an innovative program by Lynchpin Training to equip for internal/external VAT auditors’. The unique VAT Audit Training will assist the VAT auditors in planning, preparation, carrying out VAT audit and making reports. This VAT Audit Training is comprehensive and it covers most of the recognized means of detecting errors and underreported VAT.

Lynchpin Training offers a variety of VAT Training Programs in UAE. Click on the buttons below to get details of our Specialized VAT Training Programs in Dubai. Lynchpin also offers VAT Consulting Services.

Click here to know more about our VAT Consulting Services.

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In-House Training

Run this course as in-house/one to one session for maximum ROI.

Run This Course
In-House

Enjoy this certified
program at your premise of choice, with lower costs, and schedule that suits you best.

FULLY CUSTOMIZED
ACCORDING TO YOUR NEEDS!

Course Outline

Value Added Tax Key Terms - I

  • Aims and Objectives of Audit
  • Statutory provisions relating to Audit
  • Selection of Audit
  • Information required before commencement of Audit
  • Types of Audit
  • Period of Audit
  • Place of Audit
  • Preparation of Audit
  • Approach
  • Official documents
  • Closing of audit
  • Questionnaire regarding Sales
  • Questionnaire regarding Purchases
  • Questionnaire regarding Wages
  • Questionnaire for evaluating Internal control regarding Stock & Stores
  • Questionnaire regarding power consumption
  • Basic Checks
  • Guidance for Audit
  • Checks on risks
  • Study of Debt notes & Credit notes
  • Other irregularities to look for
  • How to measure the result of Audit
  • Monitoring of Audit

Scrutiny of other Incomes & Scrutiny of Expenditures

Valuation of Inventories

Qualities of an Auditor

Trainer's Profile

Mr. Mirza Farrukh Baig,
FCA
Harvard Trained | CEO Lynchpin Group | Lead VAT Trainer & Consultant

Mirza Farrukh Baig-Harvard Trained, is one of our Decorated & Talented Trainer and Instructional Designer for Finance, Accounting, Risk Management training courses at Lynchpin Training. With him on the training venue, we guarantee the best style of delivery, team engagement, the energy level of the class and the WOW experience by your team is assured.

Mirza Farrukh Baig is a qualified Chartered Accountant and a career banker. He has over fifteen years of experience teaching CMA, ACCA, CFA and CA students. He is also the lead corporate trainer at Lynchpin delivering specialized training on Finance and Accounting He has served for eight years in a leading commercial bank in UAE where he was instrumental in strengthening the SME credit risk unit. Apart from approval of banking facilities for SME clients. He played an instrumental role in developing and implementing the SME credit risk policy of the bank.

Currently, he is the CEO of Lynchpin Training & Consulting and Chief Consultant for VAT Advisory, Consulting & Implementation. Farrukh carries extensive experience in dealing indirect taxes both for the UK and South Asia. Provided VAT (Value Added Tax) consultancy services with due care, experience, resources, and exposure to tax regimes.

Farrukh is an associate member of the Institute of Chartered Accountant of Pakistan (ICAP). He has been awarded a gold medal for outstanding performance in his CA final examination, by ICAP. He also went to Harvard Business School to Executive Entrepreneurship training program.

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