KPMG Organizes Transfer Pricing Audit Training For Business Executives

<p><em>KPMG organizes intuitions<&sol;em><br &sol;>&NewLine;<strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that KPMG Nigeria&comma; a global network of professional firms providing Audit&comma; Tax and Advisory services&comma; is organizing a training programme on Transfer Pricing Audit for business executives&period;<br &sol;>&NewLine;The training&comma; according to the statement made available to OpenLife by the audit firm&comma; holds between May 11 &amp&semi; 12 2021&period;<&sol;p>&NewLine;<p>The statement reads&colon;<&sol;p>&NewLine;<p><em>&OpenCurlyDoubleQuote;This is to inform you that KPMG will be organising a training programme on &OpenCurlyQuote;Managing Transfer Pricing Audits in an Aggressive Tax Environment’ on 11 &amp&semi; 12 May 2021&period;<&sol;em><&sol;p>&NewLine;<p><em>The transfer pricing &lpar;TP&rpar; audit environment has become increasingly aggressive&comma; more so in an era of revised TP regulations and the Federal Inland Revenue Service &lpar;FIRS&rpar; active focus on protecting its revenue base&period; <&sol;em><&sol;p>&NewLine;<p><em>Also&comma; as TP is still evolving in Nigeria and TP audits are significantly different from normal tax audits&comma; taxpayers have faced a lot of uncertainties as to the FIRS’ approach to the TP audit process&period; This can be very challenging for taxpayers and lead to mismanagement of the TP audit process&comma; delay in the resolution process and increased additional tax liabilities&period;<&sol;em><&sol;p>&NewLine;<p><em>Therefore&comma; it is imperative that taxpayers gain a comprehensive view &sol; understanding of the TP audit process to minimize exposure to additional tax liabilities&period; This training <a href&equals;"https&colon;&sol;&sol;guardian&period;ng&sol;">programme<&sol;a> will provide participants with insights on&colon;<&sol;em><&sol;p>&NewLine;<p><strong><em>a&period; effective management of the TP audit process&period;<&sol;em><&sol;strong><br &sol;>&NewLine;<strong><em>b&period; conducting internal TP risk assessment&period;<&sol;em><&sol;strong><br &sol;>&NewLine;<em><strong>c&period; measures to proactively mitigate TP risk exposures during the audit process<&sol;strong>&period; <&sol;em><&sol;p>&NewLine;<p><em>The course is accredited by the Institute of Chartered Accountants of Nigeria &lpar;ICAN&rpar; as part of the Mandatory Continuing Professional Education &lpar;MCPE&rpar; programme&period; <&sol;em><br &sol;>&NewLine;<em>Participants who are ICAN members will be awarded continuing professional development &lpar;CPD&rpar; credits at the end of the training&period;<&sol;em><&sol;p>&NewLine;<p><em>We trust that the training programme will be beneficial to you and your staff&period; We look forward to receiving your nominations&period;<&sol;em><&sol;p>&NewLine;<p><em>For additional information email or call on Barbara Mbaebie 0818 263 6019 or Okwa Omojo on 0816 480 8080&period; <strong>barbara&period;mbaebie&commat;ng&period;kpmg&period;com”<&sol;strong><&sol;em><&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;