Course Description

This course will teach participants on general collection of revenue for debts owed or owed revenue by persons or businesses. This will also cover revenue collection, the assessment of billing of taxes and other revenues, accounting, internal controls and auditing, collecting and processing taxes and other revenues, enforcement of revenue collections.

Course Objectives

At the end of this course, delegates will be able to:

• Identify the relevant changes in the new revenue collection guidance for your company
• Identify the technical aspects of the principal steps of revenue collection in the new standards
• Discover the implications of “rules-based” and “principles-based” revenue collection standards

Course Outline:

• Overview of the collection system
• Legal aspects of revenue collection
• Sources of local government revenues
• The impact of technology on collections
• Common problems of revenue collection
• Tax and revenue assessment
• Billing procedures
• Uses of accounting information
• Establishing internal controls
• Auditing and the revenue collection function
• Collection policy goals
• Processing tax and revenue collections
• Developing an enforcement policy
• Basic enforcement tasks
• Enforcement actions
• Dealing with bankruptcies
• Use of collection agencies

Who Should Attend?

• Government
• Business owners
• All level managers
• Marketers
• Anyone in Accounting, Finance, or related fields.

Delivery method: This will include combine lectures, discussions, group exercises and illustrations. Participants will also understand the theoretical and practical knowledge of the topic.

Venue:  

Fee: 

Duration: 1 week

Course Date: October 3rd-7th, 2022