TAX 617Integration of Tax/Audit/Accounting

This course integrates tax and accounting issues into cases for discussion in class. The material will provide the student with an approach to both prepare and interpret the income tax liability and expense on financial statements in accordance with Canadian generally accepted accounting principles. The calculation of both 'current' and 'future' income taxes will be reviewed. There will also be an introduction to 'capital taxes'. Capital taxes are imposed by most tax jurisdictions in Canada and their significance has demanded that tax practitioners provide planning to minimize the annual cost.