Category: AgriBuziness
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SEC Filing: When Does the Statement of Management’s Responsibility (SMR) Need to Be Notarized?
As companies begin preparing their 2025 financial statements for SEC filing, one common question arises: Does the Statement of Management’s Responsibility (SMR) now need to be notarized? Recent updates from the Securities and Exchange Commission (SEC) have created some confusion. The answer is simple once you understand the rule: Notarization depends on whether the financial…
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Audit Suspension Alert: Understanding RMC 107-2025
On November 24, 2025, the Bureau of Internal Revenue released RMC 107-2025, a circular that immediately placed all field audits and field operations on hold. No ongoing fieldwork.No new audit visits.No extensions or revalidations of existing Letters of Authority (LOAs). It’s a major move, and depending on your situation, it might work in your favor.…
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New PEZA VAT Rules: Are Your Purchases Still Zero-Rated?
he Philippine Economic Zone Authority (PEZA) Memorandum Circular No. 2025-052
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Why Struggle with Slow Systems? Cloud Accounting is the Smarter Move
In today’s digital landscape, cloud accounting is no longer just an option—it’s a strategic advantage. By moving your financial records to the cloud, you gain real-time access to your data, streamline your processes, and significantly reduce overhead costs. Unlike traditional desktop or on-premise systems that require significant investment in IT infrastructure and ongoing maintenance, cloud-based…
Bong Corpuz & Co. CPAs 