This course introduces the basic concepts of Value Added Tax (VAT). The course is designed to understand the basic principles and mechanism of VAT. In addition, this course gets you prepared by upgrading the skills of your accounting staff to fully understand and properly account for VAT. From invoicing to recording entries and preparing VAT return forms, this course provides an overview of the accounting treatment of VAT according to the various types of goods and services. This is a practical class – participants will learn and immediately apply concepts to their business during the class.