Licensed Tax Practitioner: Compiler (2 Assessments)

Specialise in taxation and become a Licensed Tax Practitioner: Compiler.

4 CPD units December 1, 2024

What will set you apart

By completing this course you will gain the following competencies

Be able to apply with SARS as a tax practitioner.
Understanding of members responsibilities when performing tax services.
Understand CIBA's Statement of Standards on Tax and promote their uniform application within a tax firm.
Foster increased public compliance with and confidence in our tax system through awareness of good standards of tax practice.
Enhance the business accountant professional designations.
Use the license as proof of competency to provide tax services.

Event breakdown

Declaration
Learning Material: Webinar
Introduction to CIBA Licenses
Introduction to CIBA Statement of Tax Standards
Understanding Advisory Services
CPD & Certificate
Learning Material: CIBA's Statement of Standards on Tax
STS 110 - Ethics and ethical constraints
STS 120 - Personal competencies and skill set
STS 130 - Non-compliance with laws and regulations
STS 210 - Client/engagement acceptances and continuation
STS 220 - Quality deliverables
STS 230 - Form and content of advice to taxpayers
STS 240 - Engagement hand over to other tax professional
STS 310 - Standards of interaction with third parties
STS 320 - Standards Governing Referral
STS 410 - Evaluation of involvement of external specialists
Assessments
Assessment 1 with 25 Multiple Choice Questions relating to CIBA's Statement of Tax Standards.
Assessment 2 with 75 Multiple Choice Questions on VAT, Corporate, Individual and Payroll Taxes.
In order to succeed, members are required to obtain at least 70% to pass, within 2 attempts.

Category: TaxationType: CPD CourseCPD category: Taxation

Description

CIBA was awarded the status of Recognised Controlling body (RCB) in terms of Section 240A(2) of the Tax Administration Act on 27 May 2021 by SARS, meaning CIBA tax practitioner licenses enable members to register with SARS as a tax practitioner. CIBA's Licensed Tax Practitioner: Compiler license assess the practitioner's commitment to providing ethical tax services and on successful completion demonstrates the competency level of a CIBA designation holder to provide general and less complex tax compliance and support services for individuals and other entities related to:

preparing, reviewing and submitting tax returns,
reviewing completed tax records,
verifying and availing source documents,
submitting tax objections, and
managing SARS queries, audits and assessments prior to judicial involvement.

The license includes two assessments. Assessment 1 requires the member to complete an assessment on CIBA's Statement of Standards on Tax. The Statement of Standards on Tax is provided as part of the license content and forms the professional foundation of a CIBA member's tax profession. Assessment 2 assess the member's technical competencies relating to VAT, Corporate, Individual and Payroll Taxes. Questions are referenced to the applicable legislation. For further information regarding CIBA's licenses click here. Access to this license should only be obtained via a confirmation email from CIBA Membership confirming that you have successfully met the admission criteria and after your application has been successfully verified (completion of part 1). If you have not gained accessed via a confirmation email from CIBA Membership, login to your Membership profile and apply for the Tax License under the Header "APPLICATIONS". A breach of this procedure will result in disciplinary action.

You will earn a certificate

On successful completion you will receive a certificate for 4 CPD units in Taxation.

Requirements

Laptop, desktop, or mobile device with internet access
Microsoft Edge, Google Chrome, Safari, or Firefox browser