BIR Certificate of Registration

Revenue Memorandum Circular (RMC) No. 57-2020  As per this circular, the business / mayor's permit has been removed as one of the mandatory requirements for the BIR registration (COR) of new business in the Philippines and in line with the BIR Citizen's Charter. This is also to streamline the BIR process and improve "the" ease … Continue reading BIR Certificate of Registration

SEC i-Register

This blog had been receiving a lot of queries about on-line SEC registration.  However,  sad to say the SEC i-Register only offers reservation of your proposed company name or selected name for a non-stock or your desired name for a certain corporation for a particular industry.

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

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 … Continue reading The Quality Assurance Review (QAR).

For CPAs: 2011 BOA Accreditation Applications

Here is a good news! News, news, news.... The Regional Trial Court Branch 128 of Caloocan City issued an injunction on the implementation of PRBOA Resolution No. 88, Series of 2009 and PRBOA Resolution No. 23, Series of 2010.  Now, until the final resolution of this case, the Board of Accountancy is not implementing these … Continue reading For CPAs: 2011 BOA Accreditation Applications