Course Topics:

  • Overview of how GST works
  • When does GST apply to a transaction?
  • When must an entity register for GST?
  • GST-free supplies and input-taxed supplies - what you need to know
  • When can an entity claim GST input tax credits?
  • When is a tax invoice not required?
  • Attributing GST payable, input tax credits, and adjustments to the correct tax period
  • Increasing and decreasing adjustments

Estimated Time: 1 hour

Course Topics:

  • GST content on CCH iKnow
  • CCH iKnow - Traditional GST content
  • CCH iKnow - Other GST content
  • GST and Real Property
  • Section 40-5.06 Financial Supply Providers

Estimated Time: 1 hour 30 minutes

Course Topics:

  • Introduction to Accounting for GST
  • Accounting for GST payable on business supplies
  • Accounting for GST credits on business acquisitions
  • Accounting for GST adjustments on common business transactions
  • Recording an entity’s net GST position

Estimated Time: 1 hour