by Jonalyn Carbo | Aug 4, 2018 | Accounting Best Practices, News Letters
Our current accounting system and standards is based on a double-entry bookkeeping system. This double-entry system has revolutionized traditional bookkeeping during the Renaissance, and we’ve used this system alongside independent auditing bodies, until the present...
by Greg Aquino | Jan 5, 2018 | Accounting Best Practices, Lets Talk Tax, Tax Updates
The table below is a simple reminder or schedule of what business establishments need to accomplish for ending the year 2017 and starting anew for 2018. We shall update the legal basis for each item included in the list very soon. In cases where we missed some items,...
by Greg Aquino | Jan 5, 2018 | Accounting Best Practices, Lets Talk Tax, Tax Updates
Legal Basis For BIR Annual Registration National Internal Revenue Code (NIRC) Section 236(B) Annual Registration Fee. — An annual registration fee in the amount of Five Hundred pesos (Php 500) for every separate or distinct establishment or place of business,...
by Greg Aquino | Nov 14, 2017 | Accounting Best Practices, News Letters
Philippine Health Insurance Corporation, commonly called PhilHealth, issued the memorandum circular 2017-0024 adjusting the premium contributions of the employed sector to sustain the National Health Insurance Program (NHIP). Accordingly, the adjustment is necessary...
by Greg Aquino | Apr 7, 2017 | Accounting Best Practices
To download the SEC Cover Sheet for Audited Financials Statements, please choose your preferred format among the icons below. Just click any icon to download....
by Greg Aquino | Apr 6, 2017 | Accounting Best Practices, News Letters
Philippines – The Securities and Exchange Commission on September 2016 issued a Memorandum Circular (MC) 16 series of 2016 requiring all corporations registered under the Commission to use a revised General Information Sheet (GIS) starting January 2017. The...
by Greg Aquino | Apr 6, 2017 | Accounting Best Practices, Lets Talk Tax, Tax Updates
To download the eBIRForms Version 6.3, you can choose among the following sites. Just click the icons or logos. 🙂 Offline eBIRForms Package Release Notes...
by Greg Aquino | Dec 8, 2016 | Accounting Best Practices, Audit Best Practices, Lets Talk Tax
The table below is a simple reminder or schedule of what business establishments need to accomplish for ending the year 2016 and starting anew for 2017. We shall update the legal basis for each item included in the list very soon. In cases where we missed some items,...
by Greg Aquino | Dec 10, 2015 | Accounting Best Practices, Lets Talk Tax, News Letters, Tax Updates
Philippines — The Bureau of Internal Revenue issued a Revenue Memorandum Circular 82-2008 to simplify the registration of manual books of accounts and to establish uniformity of procedures among the BIR district offices. The Dilemma It has been observed that the...
by Greg Aquino | Dec 9, 2015 | Accounting Best Practices, Lets Talk Tax, News Letters, Tax Updates
The table below is a simple reminder or schedule of what business establishments need to accomplish for ending the year 2015 and starting anew for 2016. We shall update the legal basis for each item included in the list very soon. In cases where we missed some items,...
Recent Posts