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What is QAR Program? The Quality Assurance Review (QAR ) Program is a step for improving the credibility and reliability of financial statements audited by Philippine auditors, be it done by an individual CPA practitioner or by a large CPA firm. The program was introduced by the Board of Accountancy (BOA) in accordance with the practice of CPAs around
When I first thought of putting up a professional firm, a CPA firm, in particular, I chuckled and said now this one is a serious stuff. Well, of course, I am always serious when it comes to my work and profession. And as a workmanship, I must say there is no room for errors. I regard
“An investment in knowledge always pays the best interest by Benjamin Franklin” – this quote, its one of my favorites!. Truly, knowledge pays the best interest, whether it’s about arts, culture, politics, business, finance, etcetera, etcetera. However, I won’t be talking about “knowledge” per se. Knowledge, it’s wide. It’s vague like the universe. What I would like to
Hear ye, hear ye, hear ye! Guys and gals, lend me your ears… So, what about the BIR RR 15 of 2010? Well, this is the new regulation by the BIR providing for additional requirements in financial statements attached to returns such as the amount of input value-added tax (VAT) claimed, including details on purchases
Blogging requires time and subject matter. Obviously, “BUZINESS 1”, tackles business. Haha! Anyhow, like other individuals with a sort of etrep-mind, I too have explored several business(es), well of course, that sort of biz that will not only survive in recession time…but will also thrive…and most importantly it is within my capital budget to start
Bong Corpuz & Co. CPAs 