Tax Accountancy 2600-MSFRdz2rrfRP

• Personal scope of financial accounting and income tax. Limited and unlimited tax obligation and the obligation to keep accounting books according to the regulations of the Polish balance sheet law.
• Business activity of a natural person and income tax: sole proprietorship, partner of a civil partnership, partnership, capital company. General rules of taxation of natural persons and lump-sum income tax. Relationship between the organizational and legal form of conducted business activity and income tax and the form of register. Social security charges in business activity of a natural person. Scope of social security contributions, contributions for health insurance.
• The form of records and information that can be obtained from different forms. Choosing the optimal form of records.
• Principles of financial accounting and tax law requirements.
• Accounting policy and possibilities of choosing different solutions for income tax purposes.
• Keeping accounting books and preparing tax declarations, statements and information.
• Inventory and its meaning in accountancy and taxes.
• Valuation of assets and liabilities for accounting purposes and income tax; prudence principle vs. tax law.
• Income in accounting and tax aspect.
• Costs in accounting and tax perspective. Principles of settling direct and indirect costs from the accounting and tax point of view.
• Foreign exchange differences, methods of their settlement and influence on financial statements and tax base.
• Methods of recognition and balance sheet valuation of assets and liabilities and the recognition of income and costs associated with these assets and liabilities in income tax, including in particular fixed assets and their depreciation, inventory and write-downs, accounts receivable and write-downs, recognition of reserves and accruals.
• Reviewing methods and rates of depreciation of fixed assets and intangible assets from the point of view of balance sheet and tax law.
• Taxed and exempt activities from the point of view of VAT and accounting and income tax.
• Profit vs. income and loss vs. tax loss Deferred tax as a category of the balance sheet law. Establishment of provisions and assets due to deferred income tax and their presentation in the financial statement
• Financial statements and their relation to tax settlements.
• Archiving of accounting records in accordance with the balance sheet law and tax law.
• Responsibility for tax records and accounting books.
• Keeping records on one's own and providing services of keeping tax records and accounting books. Legal possibilities, costs of various options, advantages and disadvantages of particular solutions.
• The influence of social insurance system and health insurance on accounting and tax settlements, including the scope of social and health insurance contributions in case of employment contracts and civil law contracts and contributions for persons employed under employment contracts paid by employees and employers.