Category: SMEBuziness

  • RR 15 of 2010

    Last January 21st, I posted a topic about Revenue Regualtions number 15 of 2010 (BIR RR 15-2010). Now, I would like to share a copy of the regulation for your reference. RR-15 of 2010 is all about an additional procedure and/or documentary requirements in submitting financial statements to the BIR.  For example, in addition to disclosure

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  • Business, be smart!

    Business, it’s all about risk. Just like entrepreneurship it is risk. Why, because if you’re planning to venture a business, think about this, you only have 20% chance of making it through the first five years.  And most start-ups died on its two years of operations. You tell me of people bragging about their ventures,

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  • Court order issued by RTC Branch 126 Caloocan on BOA-PRC-QAR

    Apparently, this court order copy issued by Caloocan RTC branch 128 has been floating around via emails since December 30, 2010.  Perhaps, it’s about time to share this copy by means of this blog specially that I am getting a lot of queries about this subject. Anyhow, the meat of this order why it was favored by

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  • My first business venture, so to speak…

    Sunday, aside from going to church, for some Pinoys, the majority of the male specie, they ought to spend time in a cockfighting match. It’s a sort of an amusement that we, Filipinos, inherited from the Spaniards.  Nowadays, some called it a game, a sport maybe, others say its gambling.  However, either of these, sabong still is

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  • The Quality Assurance Review (QAR).

    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

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