Workshop on accounting, auditing & taxation held in Medziphema

BY | Monday, 20 May, 2024

The workshop on Accounting, Auditing and Taxation commenced on the 20th of  May 2024, held at CTC Medziphema, organised by the Department of Cooperation and chaired by Bharati Chhinal, Deputy RCS & Training Coordinator informed DIPR.

Altogether 63 ICS, SRCS and ARCS have attended the workshop and is to conclude on the 24th of May 2024.

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During the inaugural, special guest, Wacy Kent, Under Secretary, Department of Cooperation, acclaimed the Department for organising such a significant initiative which aimed to equip the department officials in executing activities with confidence. He further added that Cooperative awareness and sensitisation should be taken up so as to educate and impart trainings to the people at the grass-root level and to have a meaningful impact in the lives of rural populace. He was hopeful that such initiatives would bring positive results in the process of promoting Cooperative Movement in the state.

Anurag Dang, Finance Trainer, National Cooperative Union of India (NCUI), New Delhi delivered the keynote address and a short exhortation was given by Bendangla Longkumer, Addl. RCS.

The subjects undertaken during workshop were:- To equip participants with the necessary skills required to prepare and maintain accurate accounting records, to enable participants to effectively prepare and interpret financial statements, to provide participants with a comprehensive understanding of relevant provisions of the Goods and Services Tax Act, 2017, as applicable to the state of Nagaland, to equip participants with the necessary skills required to conduct audits of Cooperative Societies and to enhance participants auditing skills by providing insights into legal provisions governing audits, audit classification of societies using CAMELS rating, audit reporting etc.

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