• Audit of opening balances
• Audit evidence on opening balances
• Access to working papers
• Audit reporting

How the rate of corporation tax paid by companies is arrived at

• Basics of IHT
• BPR
• Exclusions
• The FTT decision

• The normal PAYE treatment
• The special arrangements available
• The appropriate arrangement
• Implementing the procedures

How corporation tax is charged

The territorial scope of the charge to corporation tax

The deductibility of management expenses and entitlement to share loss relief

• Summary
• Risk assessment
• Management’s Assessment
• Audit reports