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Forms for Accreditation of CPAs in Commerce and Industry

Advertisements The Board of Accountancy issued Resolution No. 2016-3, as discussed in our post “BOA Resolution ...
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New Syllabi for CPA Board Exam Effective May 2016

Three (3) months ago, we published an article entitled “Revisions in the CPA licensure examination” which discussed the ...
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Q&A clarifying certain matters on CPA certification on compilation services

Last week, we published a post entitled “BOA Resolution passed requiring CPA FS preparers to submit certificate“, informing ...
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BOA Resolution passed requiring CPA FS preparers to submit certificate

Two (2) months ago, we wrote an article on Rules on Financial Statement Preparation now for Comments which was still for comments. ...
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2016 Filing Schedule of AFS and GIS for companies with December 31, 2015 yearend

The Securities and Exchange Commission (SEC) has posted in its website SEC Memorandum Circular No. 1, Series of 2016 dated January ...
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Forthcoming changes in the Continuing Professional Development of CPAs

The Board of Accountancy (BoA) is taking quality really seriously. From the revision of the syllabus for the Certified Public Accountant ...
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SEC FRB No. 18 extends effectivity age of FS from 135 to 180 days

The Securities and Exchange Commission has approved Financial Reporting Bulletin (FRB) No. 18 on the age requirement for financial ...
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Deficiency interest not applicable to VAT, expanded and withholding tax on compensation – CTA

We are sharing with you an article written by Wendy C. Go with regards to a Court of Tax Appeals (CTA) decision ruling that deficiency ...
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Banks will no longer accept checks with erasure/alteration effective January 4, 2016

Oh, yes, you read it right! Starting January 4, 2015, non-acceptance of checks with erasures, alterations, or deficiencies will be ...
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Reminder: Old banknotes good up to December 31, 2015

Do you still have old banknotes? You can still be used for daily transactions up to December 31, 2015. From January 1, 2016 up to ...
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Tax obligations of Uber, Grab Taxi and Other TNCs and Partners

Uber, Grab Taxi/Grab Car and other Transportation Network Companies (TNCs), just like any other businesses are subject to tax. In ...
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New Auditor’s Report effective December 15, 2016

Auditor’s report is the main deliverable in an audit engagement. An audit of financial statements’ primary objective is ...

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