training programme 2017 - fcs...

Cultus Training Academy CC is the training division of FCS. Our training programme kicks off in March 2017 with a full schedule of informative and valuable training. This is your invitation to join us and participate in our training programme. Presentations may vary from beginners to advanced expert level, whilst some may be specific to the accounting profession, and others are of interest to the general business community. All our presentations are interactive sessions, where the audience is allowed to ask questions or obtain further clarification or discuss a specific problem. Therefore the duration of the courses stated in this programme is only an indication of the duration of the presentation. We will issue signed attendance certificates at the end of the presentation for attendees who are present throughout the session. CPD hours achieved, will be reflected on this certificate.

CONTENTS AND TIMES: Contents and times are subject to change without further notice. Please check our website for the latest sched-ules: www.fcsnam.com

Training programme 2017

Enlighten your mind - be educated The training division of FCS

CONTACT PERSON: Masadi Ceronio

EMAIL: [email protected]

TELEPHONE: +264-64-215100

FAX: +264-64-215120

MORNING SESSIONS:

All the courses start at 08h00 for 08h30, unless otherwise stated.

AFTERNOON SESSIONS:

start at 13h30 for 14h00

PAYMENT DETAILS

COSTS

Include VAT at 15%, refreshments, detailed printed hand-outs which can be used for future reference by the attendee.

LAST DATE FOR PAYMENT

Two days before course start date. Registrations must be accompanied by proof of payment.

CASH/CHEQUE

Submit your registration form at any FCS branch and pay at reception.

REFUNDS

No refund requests will be considered after the last date of registration.

BANK DETAILS

Cultus Training Academy CC

Bank: Bank Windhoek, Walvis Bay

Branch code: 481-872

Account Number: 8005216766

HOW TO REGISTER

REGISTRATION

Please complete the registration form on the last page and fax or email together with proof of payment before or on the last date of registration.

REGISTRATION FORM

Please complete a separate registration form for each course code.

CANCELLATIONS

Please note that no cancellations will be accepted less than two (2) days before the course start date.

LAST DATE OF REGISTRATION

2 days before start of session

Starting time morning sessions:

COPYRIGHT

Note that copyright exists in all our materials.

DRESS CODE

Smart Casual

SEATING

Seating is limited, and will be allocated on a first come first serve basis.

MAXIMUM ATTENDEES

30 Attendees

CONFERENCE VENUES

FCS has conference venues available in the following locations:

Windhoek

Swakopmund

Walvis Bay

CONFERENCE FACILITIES

Air conditioned

30 Seats

Projector and flip charts

Kitchenette (fully equipped)

Smaller boardrooms are available (8-10 seats)

COSTS

N$1,500.00, plus VAT (per day or part thereof—includes coffee/tea and biscuits)

CATERING

FCS does not provide a catering service. All meals and refreshments should be

arranged by the client.

HOW TO BOOK

For more details or to book a venue please contact us:

Windhoek: +264-61-387800; [email protected]

Swakopmund: +264-64-415100; [email protected]

Walvis Bay: +264-64-215100; [email protected]

FCS CONFERENCE VENUES

Jana-Marié obtained her Master’s degree from the North West University (Potchefstroom Campus) in 2008 and completed her articles in 2009. In 2010 she moved to Namibia and worked at BDO Windhoek for just over two years. After moving to the coast she joined the FCS team in Walvis Bay as a Senior Accountant in November 2012. She has been Manager of the Accounting department since January 2014. Jana-Marié is also a member of NIPA.

Jana-Marié is a kind-hearted person with a positive outlook on life and always aims to motivate those around her. She loves challenges and never settles for second best.

Frank has a passion for researching international and national tax issues and is one of the country’s pre-eminent senior tax advisors. He shares his wealth of experience in different industries not only with FCS clients, but is actively engaged in presenting training courses ranging from Taxation to Corporate Governance and soft-skills training. He is currently completing his Masters degree in Taxation. Frank is also a member of the Namibia Institute of Professional Accountants (NIPA).

Frank H. Moormann: Hons. B. Compt; H. Dip. Tax; NIPA

Lynette Rautenbach: Hons. B. Compt; NIPA; CA (Nam) (SA); Cert. Adv Tax

Lynette obtained her B Compt degree from UOFS and her post graduate Hons BCom(Acc) (Cum Laude) and BCompt / CTA from UNISA. Before and after her period of articles Lynette was a senior lecturer in Accounting and Auditing at the University of Namibia and during this time she obtained an Advanced Certificate in Taxation from UNISA. From 2000 to 2004 she was the Tax Manager of the coastal Tax Department of PricewaterhouseCoopers and was promoted to Associate Director in 2005. In 2012 she joined FCS and was admitted as partner in 2013. Lynette is a member of the Namibia Institute of Professional Accountants (NIPA), and The Institute of Chartered Accountants of Namibia (ICAN).

Karl-Heinz completed his Degree in Accounting Science at the University of South Africa in 2006. Karl-Heinz is intrigued by the workings of the various tax systems and laws. He is also involved in developing and presenting some of the FCS training courses, which are available to FCS staff and the public at large. By offering these training courses, he hopes to increase the accounting and tax knowledge throughout Namibia. He is also a member of the Namibia Institute of Professional Accountants (NIPA).

JP completed his B. Compt from UNISA. In 1997 he completed his Hons. B. Compt, and his CTA in 1998. He completed his Post Graduate Diploma in Auditing in 1999. He headed the Entrepreneurial Division of Ernst & Young in Windhoek from 1998 to 2000. In October 2000 he moved to Walvis Bay where he managed the Ernst & Young office, and in 2005 he was promoted to director. During this period he also acted as training officer in Walvis Bay. From 2006 JP joined Financial Consulting Services CC as a member and as a partner. He registered FCS Auditors to supplement the wide range of services offered by FCS. JP is a member of the Namibia Institute of Professional Accountants (NIPA), and the Institute of Chartered Accountants of Namibia (ICAN).

Jean-Pierre Kouwenhoven: Hons. B. Compt; NIPA; CA (Nam)

Jana-Marié Smit: M.Comm (South African and International Taxation); NIPA

COURSE PRESENTERS

Jeanine Du Toit: Hons. B. Compt; NIPA; CA (Nam)

Jeanine completed her B. Compt degree from UNISA in 2009, and at the end of 2009 she achieved her Honors B. Compt. During this period she also completed her traineeship with NIPA and her articles as CA with FCS Auditors. She is involved in the training of audit staff at FCS, and was admitted as partner in 2013. Jeanine is also a member of the Namibia Institute of Professional Accountants (NIPA), the Institute of Chartered Accountants of Namibia (ICAN) and the Public Accountants and Auditors Board (PAAB).

Karl-Heinz Schulte: B. Compt; NIPA

Pascale Paulsmeier: Industrial Psychologist

Pascale Paulsmeier has a passion for helping organisations and people to grow to their fullest potential and become market leaders. She has obtained a Masters degree in Industrial Psychology and is registered with the Health Professions Council in South Africa. She has wide experience in all aspects of Human Resources Management on a strategic and operative level across industries. As part of her studies and career she has gained insight knowledge into Labour Law and Labour Relations as part of her portfolio as an Industrial Psychologist.

Harald Hecht: Hons. B. Compt; NIPA

Harald completed his B. Compt from UNISA in 1989, and his Hons. B Compt in 1993. He also completed a Course in Administration of Estates (with distinction) in 1998 from UNISA. In 1996 he joined FCS and served as Executive Principal up until February 2014. Harald has taken on the challenge to further develop and centralize the Auxiliary Services Department in FCS and will build up the Estates Division, Trust Management Services, Business Broking and more.

He is a member of the Namibia Institute of Professional Accountants (NIPA).

Anja Moormann: Hons. B. Compt; NIPA Anja completed her B. Compt in 2006, and in 2010 she completed her Hons. B. Compt from UNISA. Anja has been with FCS since 2001. She served as chairperson of NIPA Student Council from 2002-2004. She is career orientated, and has a hands-on and practical approach. Her good interpersonal skills and client service driven approach makes her a helpful, reliable and steady team player. She is a member of the Namibia Institute of Professional Accountants (NIPA).

"The art of teaching is the art of assisting discovery". - Mark Van Doren

Astrid O’Callaghan: Hons. B. Compt

Astrid completed her B.Compt from UNISA in 2014 and Hons. B. Compt in 2016. She completed her articles with SGA Chartered Accountants and Auditors during January 2015, after which she joined FCS Auditors as an Audit Supervisor. Astrid is a very enthusiastic person and has a true passion for auditing.

TRAINING SCHEDULE 2017 by Course code Course Code Course description Swakopmund Windhoek Walvis Bay Course Presenter(s)

AUD01 Audit Introduction 10/03/2017 17/03/2017 A. O’Callaghan/J.P. Kouwenhoven

COL01 Basics of the Close Corporation Act 24/03/2017 28/07/2017 L. Rautenbach/J-M. Smit

COL02 Basics of the Companies Act 24/04/2017 31/07/2017 L. Rautenbach/J-M. Smit

COL03 Directors & Members: Duties and personal liability Delivered on demand Delivered on demand Delivered on demand F. Moormann/L. Rautenbach

COL04 Understanding Trusts 30/06/2017 12/05/2017 H. Hecht/F. Moormann

IND Induction to FCS 17/03/2016 01/03/2017 C. Hill / F. Moormann

ITX01 Introduction to the Namibian Income Tax Legislation 04/04/2017 20/04/2017 L. Rautenbach/F. Moormann

ITX02 Advanced Taxation: Income 31/03/2017 07/04/2017 F. Moormann/L. Rautenbach

ITX03 Advanced Taxation: Deductions 03/04/2017 21/04/2017 F. Moormann/L. Rautenbach

ITX04 Taxation: Special Matters 14/07/2017 23/06/2017 L. Rautenbach/F. Moormann

ITX05 Taxation: Administration of the Act 09/06/2017 (afternoon) 12/06/2017 (afternoon) F. Moormann/L. Rautenbach

ITX06 PAYE and Prov Tax: the rules 09/06/2017 (morning) 12/06/2017 (morning) L. Rautenbach/F. Moormann

LEG01 Social Security, Employees’ Compensation & VET 12/05/2017 24/04/2017 A. Engelbrecht/C. Hill

LEG02 Labour Act - Conditions of Employment, Domestic workers 06/10/2017 P. Paulsmeier

LEG03 Legal Bits – Fixed Property 21/07/2017 24/07/2017 F. Moormann/L. Rautenbach

LEG04 Legal Bits – Finance 13/10/2017 20/06/2017 F. Moormann/L. Rautenbach

MDP Management Development Programme 6-10/11/2017 6-10/03/2017 MindSpa

PCT01 Excel - Basics 06/03/2017 F. Moormann

PCT02 Excel – Intermediate 07/03/2017 F. Moormann

SST 01 Time Management 26/06/2017 19/06/2017 F. Moormann/L. Rautenbach

SST02 Implementing Corporate Governance Delivered on demand Delivered on demand Delivered on demand F. Moormann/L. Rautenbach

SST03 FCS Work standards and quality 03/03/2017 13/03/2017 A. Moormann/K-H. Schulte

SST04 Problem Solving Techniques 07/04/2017 31/03/2017 A. Moormann/K-H. Schulte

SST05 Business Communication & Etiquette 13/04/2017 27/03/2017 A. Moormann/K-H. Schulte

VAT01 Introduction to the Namibian Value-Added Tax Legislation 01/06/2017 (morning) 27/04/2017 (morning) J. Du Toit/J-M. Smit

VAT02 Periodic VAT Reconciliations 02/06/2017 (morning) 28/04/2017 (morning) J. Du Toit/J-M. Smit

VAT03 Special Matters and Administration of the Act 02/06/2017 (afternoon) 28/04/2017 (afternoon) J. Du Toit/J-M. Smit

VAT04 VAT returns and audit 01/06/2017 (afternoon) 27/04/2017 (afternoon) J. Du Toit/J-M. Smit

TRAINING SCHEDULE 2017 by dates Date Course Code Course description Training Venue Course presenter

01/03/2017 IND Induction to FCS Windhoek C. Hill / F. Moormann

03/03/2017 SST03 FCS Work standards and quality Windhoek A. Moormann/K-H. Schulte

6-10/03/17 MDP Management Development Programme Walvis Bay Mind-Spa

06/03/2017 PCT01 Excel - Basics Swakopmund F. Moormann

07/03/2017 PCT02 Excel – Intermediate Swakopmund F. Moormann

10/03/2017 AUD01 Audit Introduction Swakopmund A. O’Callaghan/J.P. Kouwenhoven

13/03/2017 SST03 FCS Work standards and quality Walvis Bay A. Moormann/K-H. Schulte

17/03/2017 AUD01 Audit Introduction Windhoek A. O’Callaghan/J.P. Kouwenhoven

17/03/2017 IND Induction to FCS Swakopmund C. Hill / F. Moormann

24/03/2017 COL01 Basics of the Close Corporation Act Windhoek L. Rautenbach/J-M. Smit

27/03/2017 SST05 Business Communication & Etiquette Walvis Bay A. Moormann/K-H. Schulte

31/03/2017 ITX02 Advanced Taxation: Income Windhoek F. Moormann/L. Rautenbach

31/03/2017 SST04 Problem Solving Techniques Walvis Bay A. Moormann/K-H. Schulte

03/04/2017 ITX03 Advanced Taxation: Deductions Windhoek F. Moormann/L. Rautenbach

04/04/2017 ITX01 Introduction to the Namibian Income Tax Legislation Windhoek L. Rautenbach/F. Moormann

07/04/2017 ITX02 Advanced Taxation: Income Walvis Bay F. Moormann/L. Rautenbach

07/04/2017 SST04 Problem Solving Techniques Windhoek A. Moormann/K-H. Schulte

13/04/2017 SST05 Business Communication & Etiquette Windhoek A. Moormann/K-H. Schulte

20/04/2017 ITX01 Introduction to the Namibian Income Tax Legislation Walvis Bay L. Rautenbach/F. Moormann

21/04/2017 ITX03 Advanced Taxation: Deductions Walvis Bay F. Moormann/L. Rautenbach

24/04/2017 COL02 Basics of the Companies Act Windhoek L. Rautenbach/J-M. Smit

24/04/2017 LEG01 Social Security, Employees Compensation and VET levy Walvis Bay A. Engelbrecht/C. Hill

27/04/2017 VAT01 Introduction to the Namibian Value-Added Tax Legislation (morning) Walvis Bay J. Du Toit/J-M. Smit

27/04/2017 VAT04 VAT returns and audit (afternoon) Walvis Bay J. Du Toit/J-M. Smit

28/04/2017 VAT02 Periodic VAT Reconciliations (morning) Walvis Bay J. Du Toit/J-M. Smit

28/04/2017 VAT03 Special Matters and Administration of the Act (afternoon) Walvis Bay J. Du Toit/J-M. Smit

12/05/2017 COL04 Understanding Trusts Walvis Bay H. Hecht/F. Moormann

12/05/2017 LEG01 Social Security, Employees Compensation and VET levy Windhoek A. Engelbrecht/C. Hill

01/06/2017 VAT01 Introduction to the Namibian Value-Added Tax Legislation (morning) Windhoek J. Du Toit/J-M. Smit

01/06/2017 VAT04 VAT returns and audit (afternoon) Windhoek J. Du Toit/J-M. Smit 02/06/2017 VAT02 Periodic VAT Reconciliations (morning) Windhoek J. Du Toit/J-M. Smit 02/06/2017 VAT03 Special Matters and Administration of the Act (afternoon) Windhoek J. Du Toit/J-M. Smit

09/06/2017 ITX06 PAYE and Prov Tax: the rules (morning) Windhoek L. Rautenbach/F. Moormann

09/06/2017 ITX05 Taxation: Administration of the Act (afternoon) Windhoek F. Moormann/L. Rautenbach

12/06/2017 ITX06 PAYE and Prov Tax: the rules (morning) Walvis Bay L. Rautenbach/F. Moormann

12/06/2017 ITX05 Taxation: Administration of the Act (afternoon) Walvis Bay F. Moormann/L. Rautenbach

19/06/2017 SST 01 Time Management Walvis Bay F. Moormann/L. Rautenbach

20/06/2017 LEG04 Legal Bits – Finance Walvis Bay F. Moormann/L. Rautenbach

23/06/2017 ITX04 Taxation: Special Matters Walvis Bay L. Rautenbach/F. Moormann

26/06/2017 SST 01 Time Management Windhoek F. Moormann/L. Rautenbach

30/06/2017 COL04 Understanding Trusts Windhoek H. Hecht/F. Moormann

14/07/2017 ITX04 Taxation: Special Matters Windhoek L. Rautenbach/F. Moormann

21/07/2017 LEG03 Legal Bits – Fixed Property Windhoek F. Moormann/L. Rautenbach

24/07/2017 LEG03 Legal Bits – Fixed Property Walvis Bay F. Moormann/L. Rautenbach

28/07/2017 COL01 Basics of the Close Corporation Act Walvis Bay L. Rautenbach/J-M. Smit

31/07/2017 COL02 Basics of the Companies Act Walvis Bay L. Rautenbach/J-M. Smit

06/10/2017 LEG02 Labour Act - Conditions of Employment, Domestic workers Walvis Bay P. Paulsmeier

13/10/2017 LEG04 Legal Bits – Finance Windhoek F. Moormann/L. Rautenbach

6-10/11/2017 MDP Management Development Programme Windhoek Mind-Spa

Aimed at: Audit trainees This presentation is designed as an entry level module explaining basic auditing concepts, the gov-erning bodies of the audit profession and the rules that auditors have to abide by. Specific areas addressed include:

Audit vs Review Engagements

The different roles of ICAN and PAAB

Training regulations - training contract requirements

Training regulations - how do I become a Chartered Ac-countant?

Training regulations - duties and responsibilities of the trainee accountant

Training regulations - duties and responsibilities of the training officer

Code of Professional Conduct

Acceptance of gifts / hospitality from clients

Timesheet - why?

Due care and quality of work

Lifelong learning and CPD

Ethics - Fundamental principals

Aimed at: All Accounting and Audit Trainees, Company Secretarial staff; Directors of Companies.

This presentation is specifically aimed at executive management members of legal entities, explain-ing the legal duties imposed and potential personal liability that may be (unwittingly) incurred.

The areas addressed include:

Types of Companies available in Namibia and how a Company is constituted.

What is the Memorandum and Articles of Association, and what is governed by it?

Conversions of Companies and Close Corporations: requirements and effect thereof;

External relationships including pre-incorporation contracts;

Shares: Are Companies allowed to provide financial assistance to a third party to acquire shares in that Company? Are Companies allowed to acquire its own shares? How do share transfers work?

Directors: Who may act as a Director? The role of directors, their fiduciary and other duties; personal liability risk of directors; What are the powers, duties and risks associated with alternate directors?

Auditors: Why should a company be audited? Should all companies be audited? The appoint-ment, removal and resignation procedures for auditors; rotation of auditors—is this a require-ment in terms of the Companies Act? The rights and duties of an auditor.

What are the accounting requirements for a company in terms of the Companies Act?

Followed by practical session on completion of various Company forms.

Aimed at: Directors of private companies; members of Close Corporations; Practising Accountants and Auditors; Financial Managers and Accountants.

This presentation is specifically aimed at execu-tive management members of legal entities, explaining the legal duties imposed and poten-tial personal liability that may be (unwittingly) incurred.

The areas addressed include: Constitution of a company, different types of companies in Namib-ia, constitution of a Close Corporation; The role of the different stakeholders in a company - share-holders, directors, CEO, Company Secretary, internal and external auditors; Provisions of the Mem-orandum & Articles of Association; Duties imposed by legislation; The fiduciary duty concept ex-plained; Personal liability incurred by directors; Personal liability incurred by members; Directors Fees - remuneration for holding of office & implications; Warning signs in financial reports that directors need to react to.

Aimed at: All Trainees, Company Secretarial staff; members of Close Corporations.

Various business forms available in Namibia;

What is a juristic person?

CC Registration, deregistration, conversion and their effects;

Membership in a CC: qualification of members, fiduciary duties of members; acquisition and disposal of membership; distributions and loans to members;

Association Agreements: what is governed? What happens in the absence of an AA?

External relationships: Pre-incorporation contracts, power of members to bind CC, when do members incur personal liability for debts of the CC;

Accounting records: Definition of accounting records, Annual Financial Statements & financial yearend;

Accounting officer: appointment, rights & duties.

Followed by practical session on completion of various CC forms.

AUD01—Audit Introduction

Level: Beginners/Intermediate Course Presenter: Astrid O’Callaghan/ J-P. Kouwenhoven

Cost (all others): N$ 1,335.00 Cost (clients, NIPA, ICAN): N$ 1,000.00

Maximum attendees: 30 Course duration: 5 hours

COL01—Basics of the Close Corporation Act

Level: Beginners Course Presenter: L. Rautenbach/J-M. Smit



COL02—Basics of the Companies Act

Level: Beginners/Intermediate Course Presenter: L. Rautenbach/J-M. Smit



COL03—Directors and members: duties and personal liability

Level: Advanced Course Presenter: F. Moormann/L. Rautenbach



Aimed at: Trustees, Founders and Beneficiaries of Trusts, Financial Managers and Accountants. To have trust has become fashionable—but does it serve it’s purpose? What exactly is a Trust and what needs to be considered? This presentation aims at explaining the different types of trusts used most commonly, how a trust is constituted and what are the common pitfalls.

Types of Trust explained: Testamentary trust, inter vivos trusts, discretionary and en-dowment trusts, business and special trusts such as bewind trusts.

When to use a Trust;

The Trust Deed: What it must contain and why 'generic' deeds are not recommended;

The founder, trustee and beneficiary - roles and responsibilities;

Authority of Trustees and the Turquand rule;

Resolutions and administration;

Removal / resignation of Trustees;

Master of the High Court.

Aimed at: First and Second year trainees, Bookkeepers, Junior Tax Consultants, Tax Compliance officers, Accounting staff.

1. The history of taxation;

2. The different forms of taxation;

3. The taxes applicable in Namibia;

4. Income Tax in Namibia:

Terminology;

Gross Income;

Exempt Income;

The general deduction formula and Capital Allowances;

Special provisions - Farming;

Special provisions - Individuals;

Practical Examples:

Salaried taxpayer with allowances;

Individual - trading as;

Individual - farming operation

Aimed at: Practising accountants and Auditors, Audit managers, Senior Accountants, Senior Tax Compliance Officers.

The course is very technical and deals inter alia with an in-depth detailed analysis of the definition of Gross income as per the Income Tax Act, with reference to a host of decided Court Cases.

Specific areas address include:

When will an amount received by or accrued to a taxpayer be included in taxable income?

What constitutes an amount where the value is disputed?

The source principle - how does it work, cross border operations and when is an amount taxable in Namibia?

What are the requirements before an amount qualifies as an amount of a capital nature?

When are deposits to be taxed in the year received?

Damages & Compensation - when do receipts constitute taxable income?

Exempt Income.

Numerous further issues are discussed - all a tax practitioner needs to know when dealing with amounts received.

Aimed at: Practising Accountants and Auditors, Audit managers, Senior Accountants; Senior Tax Compliance Officers.

The presentation is very technical and deals with a detailed analysis of the deductions available un-der the Income Tax Act, with reference to a host of decided Court Cases.

Specific areas addressed include:

What exactly is the "general deduction formula"?

When can a taxpayer be said to be "carrying on a Trade"?

The requirements of "Actually incurred" and "in the production of income" explained;

Amounts specifically prohibited from deduction;

Capital Expenditure - what can be claimed and what not;

Why is repairs & maintenance expenditure classified as capital expenditure and when can it be claimed?

Interest expenditure - when does it qualify for deduction and why may interest on a loan used to acquire shares / members interest usually not be deducted?

Forex Gains & Losses—what may be claimed and when?

Various other deductions are discussed - this presentation may hold a few surprises even for sea-soned tax consultants.

COL04—Understanding Trusts

Level: Intermediate Course Presenter: H. Hecht/F. Moormann



ITX01—Introduction to the Namibian income Tax Legislation

Level: Beginners Course Presenter: L. Rautenbach/F. Moormann

Cost (all others): N$ 1,155.00 Cost (clients, NIPA, ICAN): N$ 870.00


ITX02—Advanced Taxation: INCOME




ITX03—Advanced Taxation: DEDUCTIONS




Aimed at: Tax Practitioners, Accountants, Senior Trainees, Senior Tax Compliance Officers.

Special Issues:

The application and effects of Double Taxation Agreements;

Non-residents shareholder's tax;

Taxes on services rendered by non-residents;

Taxes on royalties and related matters;

Persons carrying on business beyond Namibia's borders;

Ring-fencing provisions;

Mining Taxes - special provisions;


Administration of the Act:

The Constitution and the Income Tax Act;

Objections and appeals, the Tax Tribunal and beyond;

Administrative law underpinnings of the Income Tax Act;

The courts view on the levying of penalties and quantum thereof;

Rights of the taxpayer.

Aimed at: Bookkeeping trainees, HR staff. Social Security: Why and how to register as an employer and employee;

Maternity leave; sick leave and death benefit fund;

Contributions calculations and returns;

Where and how to make payments?

Maternity leave;

Sick leave;

Death, retirement or disability fund;

Forms to use Employees’ Compensation: Membership and registration; Objective of EC;

Who is an employee;

EC Benefits;

Forms to use VET levy: Summary of registration and payment procedures and who qualify to register.


1. Preparing a provisional tax estimate

2. PAYE on earnings from partnerships and members' salaries; directors earnings;

3. PAYE on fringe benefits;

4. Using the tax scales and identifying differences between tax assessment and self-assessment;

5. Provisional tax is not an exemption from or substitute for PAYE;

6. The Provisional Tax regulations, definitions and due dates;

7. Provisional Tax penalties, additional tax and interest;

8. Onus to submit Provisional tax return on taxpayer;

9. Due dates and extension of time;

Aimed at: HR and payroll staff.

Conditions of employment:

This training course addresses the basic condi-tions of employment and the frequent questions asked by staff and HR employees.

Remuneration: Calculation of remuneration and basic wages;

Hours of work:

Leave: Annual leave, sick leave, maternity leave;

Termination of employment: Notice period;

“Regulations relating to domestic workers: Labour Act 2007”

Summary of new regulations regarding Domestic workers as set out in the Government Gazette #5638 of 24 December 2014.

ITX04—Taxation: SPECIAL MATTERS

Level: Intermediate/Advanced Course Presenter: L. Rautenbach/F. Moormann



ITX05—Taxation: Administration of the Act

Level: Intermediate Course Presenter: F. Moormann/L. Rautenbach


Maximum attendees: 30 Course duration: 3 hours (afternoon session)

ITX06—PAYE and Provisional tax: the rules



Maximum attendees: 30 Course duration: 5 hours (morning session)

LEG01—Social Security, Employees’ Compensation & VET levy

Level: General Course Presenter: A. Engelbrecht/C. Hill



LEG02—Labour Act: Conditions of employment, domestic workers

Level: Intermediate Course Presenter: P. Paulsmeier



Aimed at: Junior trainees, Excel users.

This presentation is aimed at Excel users with no or limited prior expo-sure to Excel:

Creating workbooks and templates; organizing folders;

Basic commands - moving around the sheets and within the work-book, viewing options, copy & paste;

Formatting text, numbers and using highlights; aligning, wrapping and merging text;

Inserting rows, columns, sheets, pictures, clipart, textboxes and shapes;

Printing, setting print areas, page breaks, margins, orientation, titles;

Working with numbers, autosum, commands for basic mathematical functions, autofill com-mands.

Aimed at: Financial Managers, Accountants, Senior Bookkeepers, Train-ees. Legal Bits modules cover a variety of ancillary pieces of legislation, which are time and again encountered on the fringes of the accounting profes-sion. This presentation deals with the following:

Property Ownership, joint ownership, sale in execution;

Property rights - Real rights, limited rights, prescription, Bare domim-ium and usufruct, mining rights, calculating the value of a usufruct, tax and transfer duty implications;

Buying a property - Principles of contract, the Title Deed, servitudes, endorsements, financing options and interest calculations, calculating

transfer duties, calculating bond registration costs;

Sectional Titles Act & Regulations - establishing a sectional title plan, what is common and ex-clusive property, duties of trustees, house-rules, calculation of levies, audit requirements;

Leasehold improvements - accounting and tax treatments;

Municipal rates and taxes - The valuation roll, rates on land and on buildings.

Aimed at: Financial Managers, Accountants, Senior bookkeepers, trainees.

Foreign Investment Act - Status Investments, trades prohibited for foreigners, foreign exchange regulations, EPZ status;

Customs Duties & Excise - the Tariffs, proper codification of goods, calculation of duties, in-fant industry protection, excise duties ex-plained;

Other levies - Casino & Gambling Houses Act, Agronomy Industry Act, Sea Fisheries Act, Export levy;

Stamp Duties Act - what attracts stamp du-ties, the rates, effect of non-compliance;

Usury Act - the limitations imposed on inter-est charges and workings of the in-duplum rule;

Financial Intelligence Act - KYC procedures required under the act;

Second Hand Goods Act - Certificates re-quired & validity, procedures and affected persons.

Aimed at: Trainees, Excel users.

This presentation is aimed at Excel users with a sound basic knowledge of Excel:

Using Pivot tables / ordinary tables and grouping data;

Lookup functionalities & range names;

Graphs;

Data sorting, filtering, validations;

Formulas - selection of formulas used commonly by accountants;

Protecting sheets and workbooks, tracking changes.

LEG03—Legal Bits: PROPERTY




LEG04—Legal Bits: FINANCIAL




PCT01—Excel: BASICS

Level: Beginner Course Presenter: Frank Moormann



PCT02—Excel: INTERMEDIATE

Level: Beginner/Intermediate Course Presenter: Frank Moormann



Aimed at: All professional people; anyone battling to organize himself.

1. What is time management

2. Identifying the time thieves

3. Organise email traffic, phone calls and interruptions

4. Self-inflicted sabotage

5. OHIO - Only Handle It Once

6. Keeping focus and time

7. The power of delegation - how to do it properly

8. Balancing work and private time

9. Your time plan

Aimed at: Directors of companies; Professional Accountants.

This presentation revolves around all Corporate Governance issues, board committees, the balanc-ing of executive powers within a company, reporting structures, authority levels and numerous other facets as recommended by the King III report.

This presentation is offered as a tailor-made package which involves some interaction between the course presenter and the company ahead of time to focus on specific areas of concern. The presen-tation can also be offered as a general presentation to an audience from different entities.

How a company is constituted, Memorandum and Articles of Association, formation of different types of companies;

The role of shareholders, external auditors, internal auditors and directors; fiduciary and other duties of directors, personal liability risk of directors, executive and non-executive directors;

Background and origin of the “Corporate Governance” concept;

King’s Report III: Corporate citizenship and ethics; Directors, Boards and their subcommittees; Audit, Nomination, Risk, Remuneration and other committees; Governing stakeholder relation-ships; Integrated reporting and disclosure;

Aimed at: Accounting trainees, Bookkeeping staff, Client processing staff.

This presentation is a practical workshop on how to:

get any reconciliation to balance, then applying appropriate action to resolve reconciling items where required.

What is a reconciliation and why is it done;

Reconciling any two sets of numbers;

Step-by-step: Avoid distractions, keep focused;

Verifying your reconciling items, take action;

Common problem areas when doing: Opening Balance reconciliations; Bank reconciliations; Creditors reconciliations;

Intercompany account reconciliations;

Balancing any financial report being prepared from underlying information, finding mistakes on out-of-balance reports swiftly;

Analytical review – how to perform and which criteria to set and which ratios to use; quick check on finance charges;

Preparing financial information from incomplete records – detailed guide;

The last 5 minutes of every job are the most important ones.

SST03 — FCS work standards and quality

Level: General Course Presenter: A. Moormann/K-H. Schultz

Cost (all others): not applicable Cost (clients, NIPA, ICAN): not applicable


Aimed at: FCS staff only.

Discussion on our legal and moral obligation towards our clients, quality requirements in terms of our Institute and IFAC regulations, accepting responsibility for our work, honouring the client's trust placed in us.

Detailed workshop:

Step by step guide to our working papers, WHY we do it; WHEN we do it and HOW we do it;

Work to be performed on each section of the WP file and documenting steps;

Minimum supporting documentation for each section that must be on file;

Analytical review procedures;

Reaching a conclusion; drafting the appropriate accounting officer's report' review notes and file review by partner;

Signing off AFS;

SST04 — Problem solving techniques

Level: Intermediate Course Presenter: A. Moormann/K-H. Schultz



SST01—Time Management

Level: General Course Presenter: F. Moormann/L. Rautenbach



SST02—Implementing Corporate Governance

Level: General Course Presenter: F. Moormann/L. Rautenbach

Cost (all others): Price on request Cost (clients, NIPA, ICAN): Price on request


Aimed at: All professional people; managers; Head of departments;

This presentation deals with communication and etiquette in the business sector. Topics covered:

Different modes of Communication

Communication models within a company

Barriers to good communication

Body Language as a mode of communication

Multicultural communication in a business

Verbal; Oral; Written communication

Persuasive interaction and ethical considera-tions

Handling conflict

Effective communication is the lifeblood of any busi-ness and almost everything we do in a business in-volves communication. This presentation will provide you with valuable information to become a skilled communicator.

Aimed at: All Trainees, Bookkeepers, Junior Tax consultants, Tax compliance officers, client Bookkeeping staff.

This presentation is designed as an entry level module explaining the basic provisions of the VAT Act.

Specific areas addressed include:

Basic understanding and background on how VAT works;

Section 6 - the critical factors involved in the VAT legislation discussed in detail;

What constitutes a supply;

The timing of supply rules;

The value of supply rules;

What constitutes a taxable activity;

Exempt and Zero-rated supplies;

Import VAT and Exempt imports;

VAT Calculation and apportionment rules;

Aimed at: All Trainees, Bookkeepers, Junior Tax consultants, client Bookkeeping staff.

10 step guide on how to properly account for VAT; How to correctly complete VAT returns; Com-mon pitfalls experienced and how to avoid them;

VAT audits:

How to choose the correct approach;

Communication with Inland Revenue;

Finalising the audit and findings;

Taxpayer's rights.

VAT 03—Special matters and administration of the Act

Level: Intermediate Course Presenter: J. du Toit/J-M. Smit



Aimed at: All Trainees, Bookkeepers, Junior Tax consultants, client Bookkeeping staff.

1. Structure of the VAT Act;

2. Objections & appeals;

3. VAT refunds and Tax relief;

4. Interest, offences and penalties;

5. Variation of Tax rates;

6. Schemes for obtaining of tax benefits;

7. Overcoming difficulties and abnormalities;

8. Representative taxpayers;

The presentation is an extension of the VAT 01 module and covers all auxiliary aspects not dealt with in that presentation.

VAT 04—VAT returns and Audit

Level: Beginner/Intermediate Course Presenter: J. du Toit/J-M. Smit



VAT01 — Introduction to the Namibian Value-Added Tax legislation

Level: Beginner/Intermediate Course Presenter: J. du Toit/J-M. Smit



VAT02 — Periodic VAT Reconciliations

Level: Intermediate Course Presenter: J. du Toit/J-M. Smit



Aimed at: All Trainees, Bookkeepers, Junior Tax Consultants, Tax compliance officers, client Bookkeeping staff.

This practical presentation contains a step-by-step guide on how to reconcile the accounting profit of a registered person to the VAT payments done. The aim is to equip attendees with the tools to perform such reconciliation right down to the last cent - be it for a single VAT period or multiple periods (e.g. a financial year).

An invaluable tool to establish potential or unidentified VAT liabilities of any registered person; finding all Vatable items that have not been claimed and all items that have been claimed but should not have been.

SST05—Business Communication and Etiquette

Level: Beginner Course Presenter: A. Moormann/K-H. Schulte



MDP - HIGH IMPACT MANAGEMENT DEVELOPMENT PROGRAMME

Date Venue Start time End time

6 to 10 March 2017 Walvis Bay 08h30 16h30

6 to 10 November 2017 Windhoek 08h30 16h30

High Impact Management Development Programme

presented by the MindSpa Institute

In order to assist employers with the soft skill training of managers and aspiring managers we will be presenting a Mini-MDP programme continuously for the next three years. Participation can be for the full 5 days or only certain modules. Course content will not change for next 3 years therefore attendees can spread their attendance over three years instead of all modules in year 1.

Walvis Bay Venue address: FCS Conference centre , 128 6th Street, Walvis Bay

Walvis Bay registration deadline: 20 February 2017

Windhoek Venue address: FCS Conference centre, 3 Kerby Street, Windhoek

Windhoek registration deadline: 20 October 2017

“This 5 day programme is a training invention that will equip the attendees not only with a list of actions all leaders and managers should take and which mistakes to avoid, but also how to build and lead teams to great performance. The programme will cover all aspects related to leadership and management requirements in today’s business world, including managing change, continuous improvement, strategic planning, implementation and monitoring, communicating powerfully and effectively motivating and inspiring a team through emotionally intelligent behavioural management of people. It will provide them with the knowledge and know-how to ensure sustainable successful leadership and management into the future and help them to be smart with people.”

The High Impact MDP will cover 3 Modules presented over 5 days as follows:

Module 1 and 2 (Two days): Develop your Leadership and Emotional Intelligence

Module 3 and 4 (Two days): Effective Communication, Presentation and negotiation skills and Change and Continuous Improvement

Module 5 (1 Day): Delegation skills

Costs: N$ 3 490 (Excl VAT) per delegate for 2 day Module

N$ 1 999 (Excl VAT) per delegate for 1 day module

Aimed At: Middle Management Level Employees; Supervisors; Team Leaders; Employees Who Have Been Earmarked for Succession Into Management.

Registration: Space will be limited. Please register your delegates on the registration form attached and return to [email protected] before the due date.

Calculus Training Academy CC - Registration form

Course code:

Course date:

Training Venue (please specify):

Cost (VAT inclusive) - FCS Clients; NIPA;

ICAN:

Cost (VAT inclusive) - Others:

Total Attendees registered for course:

Total payment per course:

Company name:

Invoice name and address:

Email:

Can we add your email address to our

distribution list for training information?

(please tick the appropriate box)

YES NO

Telephone number:

Fax number:

Attendee(s) (Please list below)

PLEASE SIGN HERE:

MDP registration form Course: Mini Management Development Programme

Course date:

Training Venue

Cost: (VAT Inclusive)

Total attendees registered for

course:

Total payment per course:

Company name:

Invoice name and address:

E-mail:

Can we add your e-mail address to

our distribution list for training

information?

(please tick appropriate box)

Yes No

Telephone number:

Fax Number:

Attendee(s) (Please list full names

below – these names will appear on

certificates issued.

Module 1 & 2

(N$ 3 490 excl

VAT per

delegate)

Module 3 & 4

(N$ 3 490 excl

VAT per

delegate)

Module 5

(N$ 1 999 excl

VAT per

delegate)

PLEASE SIGN HERE:

training programme 2017 - fcs...

Documents