HAVE YOU LOST YOUR BIR CERTIFICATE OF REGISTRATION?

Did you lose your original BIR form 2303 or the Certificate of Registration (COR)? That you already exerted effort but you can't find it.   Or your company's BIR 2303 was caught by fire, flood or natural disaster?  Well, don't worry, you can always replace the BIR Form 2303 or the BIR Certificate of Registration (COR) … Continue reading HAVE YOU LOST YOUR BIR CERTIFICATE OF REGISTRATION?

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Why you need an Accountant?

Almost always business owners, particularly those who are managing small businesses and those under SME category, disregards to see the importance of having accountants. Oftentimes, they look for an Accountant when it’s already too late or worst the BIR had issued a letter of notice (LN) or letter of authority (LOA) for their business. As … Continue reading Why you need an Accountant?

STATEMENT OF MANAGEMENT’S RESPONSIBILITY

This is for those blog readers, CPA, accountant or otherwise who are searching my blog for a sample Statement of Management's Responsibility. “STATEMENT OF MANAGEMENT’S RESPONSIBILITY FOR ANNUAL INCOME TAX RETURN” The Management of CORPORATION NAME, INC., is responsible for all information and representations contained in the Annual Income Tax Return for the year ended … Continue reading STATEMENT OF MANAGEMENT’S RESPONSIBILITY

CORPORATION : BOARD OF DIRECTORS/TRUSTEES/OFFICERS

Corporate Code of the Philippines [Sec. 23-35] TITLE III : BOARD OF DIRECTORS/TRUSTEES/OFFICERS Sec. 23. The board of directors or trustees. – Unless otherwise provided in this Code, the corporate powers of all corporations formed under this Code shall be exercised, all business conducted and all property of such corporations controlled and held by the board … Continue reading CORPORATION : BOARD OF DIRECTORS/TRUSTEES/OFFICERS

The AASC alert and the RR 15-2010

A copy of alert from the Auditing and Assurance Standards Council (AASC) has been in my inbox a week ago and its only now that I find time to write for this blog about another topic. Anyhow, I am sharing you this alert for your information and reference. Find time to download and read this … Continue reading The AASC alert and the RR 15-2010