As the fiscal year 2024 comes to a close, employers in the Philippines must prepare for the mandatory submission of BIR Form 2316, also...

The Senate President has stated that an impeachment trial does not fall under the legal conditions required to call a special session of...

In a recent development in Philippine politics, Vice President Sara Duterte has dismissed remarks made by Senator Imee Marcos regarding...

As the year draws to a close, employees across the Philippines eagerly anticipate the arrival of their 13th-month pay. More than just an...

The rapid advancement of technology has revolutionized industries worldwide, and accounting in the Philippines is no exception....

Becoming a Certified Public Accountant (CPA) in the Philippines is a prestigious achievement that opens doors to numerous career...

The auditing standards in the Philippines serve as the framework for ensuring high-quality financial reporting and audit practices in the...

Liabilities are a crucial concept in accounting and finance, representing the obligations or debts a business or individual owes to...

Tax credits and incentives are vital tools that the Philippine government uses to attract investments, promote economic growth, and...

Assets are a fundamental concept in accounting, representing the resources owned by an individual or entity that provide economic value....

The rise of the digital economy has transformed how businesses operate and deliver services. In response to this shift, governments...

The real estate sector in the Philippines is a dynamic and significant part of the economy. Accounting for real estate transactions...

Value-Added Tax (VAT) is a crucial component of the Philippine tax system, impacting businesses across various sectors. For companies,...

Tax planning is a critical aspect of financial management for small and medium-sized enterprises (SMEs) in the Philippines. Effective tax...

Operating a business in the Philippines requires adherence to a myriad of legal and regulatory requirements. Compliance is essential not...

The Tax Reform for Acceleration and Inclusion (TRAIN) Law , officially known as Republic Act No. 10963 , was enacted in the Philippines...

Setting goals is a fundamental aspect of personal and professional development. Goals provide direction, motivation, and a sense of...

The Philippine Financial Reporting Standards (PFRS) are a set of accounting standards and principles used in the Philippines to ensure...

Mentorship plays a pivotal role in personal and professional growth, offering invaluable guidance, support, and inspiration along the...

Tax planning is a critical component of financial management for both individuals and businesses. Effective tax planning not only ensures...