ONESOURCE TRAINING SERVICES

Advanced Corporate Tax

The ONESOURCE Corporate Tax – Advanced course considers a variety of application features that are more complex or specialised than those included in creating a basic computation. It also considers troubleshooting techniques, particularly with the use of formulae.

The course initially concentrates on the Group module, before discussing Corporate Interest Restriction (CIR), and the topics listed below.

LEVEL

Intermediate/Advanced

EXPERIENCE

Working knowledge of ONESOURCE Corporate Tax

TOPICS (provisional)

• Group Module
  • Creation of Group structure
  • Allocation of Group Relief
  • Manage group tax payments
  • Special purpose groups
• Corporate Interest Restriction, CIR
  • Company level
  • Group level
  • Value and Adjustment sheets
• R&D computations
• Foreign currency
• Foreign income schedules
• Double tax relief/CFC
• Blank schedules
• An introduction to Tax Accounting
• Understanding formulae, including troubleshooting
• Troubleshooting common scenarios

WHO SHOULD ATTEND?

Experienced users preparing tax computations for a UK company or group of companies, who would like to develop expertise in the use of the various specialised sheets/modules of ONESOURCE Corporate Tax – UK.

PRICING

The fee for attending a scheduled delivery of this training module is £550 per person. Subject to minimum attendance and we reserve the right to change date where necessary.

The fee for delivery of a client specific course is £2000 for up to 10 attendees (plus T&E at cost).

TIME

The training takes place from 09.30 to 16.30. We will forward you the joining instructions after you register for the course.

CANCELLATION

Cancellations may be made up to 10 working days prior to the course date without charge. Cancellations made within 10 working days will be charged in full. Clients wishing to replace one candidate with another on the same course may do so within 10 working days of course start date free of charge.

Group Module

The ONESOURCE Corporate Tax Group module provides an automated way of producing a group tax summary. The software will assist with group relief planning, group payments under CTSA, transfer pricing, global debt cap and patent box adjustments, allocating research and development expenditure credits, and transfers of chargeable gains. We have a flexible approach to the content of the course and seek to concentrate on those areas that are of greatest interest to the participants.

LEVEL

Intermediate

EXPERIENCE

Basic knowledge of ONESOURCE Corporate Tax

OBJECTIVES

At the end of the course, you will be able to:

• Navigate the features within group module of the software
• Allocate group relief in a variety of different scenarios including consortium relief, non-coterminous year ends and using sub groups
• Be comfortable with allocating group relief in a variety of different scenarios including consortium relief, non-coterminous year ends and using sub groups
• Use ONESOURCE group module to manage group tax payments
• Develop schedules to assist with allocation of research and development expenditure credits and patent box adjustments
• Make adjustments to ‘special purpose groups’ that you may wish to set up such as transfer pricing, worldwide debt cap, group tax accounting

WHO SHOULD ATTEND?

Users preparing tax computations for a UK Group of companies who would like to develop expertise in the use of the Group Module of ONESOURCE Corporate Tax – UK.

PRICING

The fee for attending a scheduled delivery of this training module is £550 per person. Subject to minimum attendance and we reserve the right to change date where necessary.

The fee for delivery of a client specific course is £2000 for up to 10 attendees (plus T&E at cost).

TIME

The training takes place from 10.30 to 16.00. We will forward you the joining instructions after you register for the course.

CANCELLATION

Cancellations may be made up to 10 working days prior to the course date without charge. Cancellations made within 10 working days will be charged in full. Clients wishing to replace one candidate with another on the same course may do so within 10 working days of course start date free of charge.

Tax Accounting - FRS102

This course introduces users to the new FRS102 tax accounting sheets in ONESOURCE Corporate Tax. The course will teach users how the current and deferred tax disclosures are prepared by extracting figures from the tax computation, helping to reduce time spent on tax reporting and tax computation processes as a whole. This course also teaches users how to complete the FRS102 group tax accounting sheets.

LEVEL

Advanced

EXPERIENCE

This course builds upon and extends the knowledge that users would have already gained from the ONESOURCE Beginners and the ONESOURCE Group module course. To derive maximum benefit, users should possess sound knowledge of the concepts introduced in those courses coupled with a good understanding of the concepts of tax accounting. These are two areas which are not specifically addressed in this course.

OBJECTIVES

To enable users to develop, complete and use the tax accounting sheets within the software to create tax disclosures for inclusion in the financial statements.

WHO SHOULD ATTEND?

Users of ONESOURCE Corporate Tax who are involved in the computation of tax provisions and the preparation of tax disclosures for inclusion in financial statements.

PRICING

The fee for attending a scheduled delivery of this training module is £550 per person. Subject to minimum attendance and we reserve the right to change date where necessary.

The fee for delivery of a client specific course is £2000 for up to 10 attendees (plus T&E at cost).

TIME

The training takes from 9.30 to 16.30. We will forward you the joining instructions after you register for the course.

CANCELLATION

Cancellations may be made up to 10 working days prior to the course date without charge. Cancellations made within 10 working days will be charged in full. Clients wishing to replace one candidate with another on the same course may do so within 10 working days of course start date free of charge.

Tax Accounting - IFRS

This course introduces users to the IFRS tax accounting sheets in ONESOURCE Corporate Tax. The course focuses on how numbers are extracted from the tax computation to build up the current tax figures, helping to reduce time spent on tax reporting and tax computation processes as a whole, as well as how to prepare deferred tax disclosures using the balance sheet approach. This course also teaches users how to complete the group IFRS tax accounting sheets.

LEVEL

Intermediate

EXPERIENCE

This course builds upon and extends the knowledge that users would have already gained from the ONESOURCE Beginners and the ONESOURCE Group module course. To derive maximum benefit, users should possess sound knowledge of the concepts introduced in those courses coupled with a good understanding of the concepts of tax accounting. These are two areas which are not specifically addressed in this course.

OBJECTIVES

To enable users to develop, complete and use the tax accounting sheets within the software to create tax disclosures for inclusion in the financial statements.

WHO SHOULD ATTEND?

Users of ONESOURCE Corporate Tax who are involved in the computation of tax provisions and the preparation of tax disclosures for inclusion in financial statements.

PRICING

The fee for attending a scheduled delivery of this training module is £550 per person. Subject to minimum attendance and we reserve the right to change date where necessary.

The fee for delivery of a client specific course is £2000 for up to 10 attendees (plus T&E at cost).

TIME

The training takes place from 9.30 to 16.30. We will forward you the joining instructions after you register for the course.

CANCELLATION

Cancellations may be made up to 10 working days prior to the course date without charge. Cancellations made within 10 working days will be charged in full. Clients wishing to replace one candidate with another on the same course may do so within 10 working days of course start date free of charge.

ONESOURCE Accounts Production/Statutory Reporting

Statutory Reporting Basic User

Concentrating on basic functions and features, attendees will develop knowledge of ONESOURCE Accounts Production through the use of a specially designed case study. We will also provide an introduction to iXBRL tagging.

LEVEL

Beginner

EXPERIENCE

No ONESOURCE Accounts Production experience required

OBJECTIVES

At the end of the course, you will be able to:

• Creating entities
• Importing trial balances
• Creating journals
• Creating statutory reports

WHO SHOULD ATTEND?

All novice or new users of ONESOURCE Accounts Production.

PRICING

The fee for attending a scheduled delivery of this training module is £550 per person. Subject to minimum attendance and we reserve the right to change date where necessary.

The fee for delivery of a client specific course is £2000 for up to 10 attendees (plus T&E at cost).

TIME

The training takes place from 9.30 to 16.30. We will forward you the joining instructions after you register for the course.

CANCELLATION

Cancellations may be made up to 10 working days prior to the course date without charge. Cancellations made within 10 working days will be charged in full. Clients wishing to replace one candidate with another on the same course may do so within 10 working days of course start date free of charge.

This course is available only for delivery to one client at a time (up to 10 participants) – it is not scheduled.

This course builds on existing knowledge of, and experience with, OAP/OSR – ideally participants will arrive ‘armed’ with any questions or queries they have from their existing experience.

The course is structured in a formal way in the morning, with a specific agenda, but is of a more open format in the afternoon to address the topics and issues that are particularly relevant to the attendees.

LEVEL

Advanced

EXPERIENCE

Experience of OAP/OSR following attendance of the Basic User course. It is expected that attendees are familiar with using OAP/OSR and with the accounts preparation process.

OBJECTIVES

Upon completion of the course, participants will be able to demonstrate how to

• Managing Users and configuring User Security
• Set up the Spell-check Library
• Manage warnings (iXBRL and reports)
• Manage categories
• Manage template (organizational template and entity template)
• Manage Roll forward