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Shaping a Vibrant Future

Shaping a Vibrant Future
Since 1988, P&A Grant Thornton has been establishing corporate milestones with its loyal clients, which has helped assert itself as a leading professional services firm in the country.
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Shaping a Vibrant Future
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Anatomy of Philippine Poverty
BRP Opinion Anatomy of Philippine Poverty
At this modern time of general abundance in the world and, particularly, in our part of the world, we find our country with an incongrous incidence of widespread poverty.
7 min read |
P&A Foundation Inc., PICPA and ACPACI, commence the 25th Search for Outstanding Accounting Students of the Philippines
A Hopeful Journey Ahead P&A Foundation Inc., PICPA and ACPACI, commence the 25th Search for Outstanding Accounting Students of the Philippines
The journey begins now, and it is a promising path ahead. The Search for Outstanding Accounting Students of the Philippines (SOASP) enters its 25th year to another momentous milestone as it celebrates and highlights outstanding accounting students nationwide.
3 min read |
Nurturing Accountants Beyond Numbers: The Essential Role of Human Skills
From Where We Sit Nurturing Accountants Beyond Numbers: The Essential Role of Human Skills
In the ever-evolving landscape of business, accountants have often been confined to the stereotype of being solely data-driven professionals obsessed with numbers. However, as the demands of the profession shift, so does the accountant's role.
6 min read |
Invoicing Requirements under the EoPT Act
Let's Talk Tax Invoicing Requirements under the EoPT Act
In our earlier article, “Removal of the 5-Year Validity of Receipts and Invoices,” I explained that the Philippine tax system is mostly driven by supporting documents and that the deductibility of allowable expenses and claiming of input value-added tax (VAT) rely heavily on valid invoices.
7 min read |
EOPT is here: Revised rules on tax refund
Tax Notes EOPT is here: Revised rules on tax refund
The Bureau of Internal Revenue (BIR) has released a series of Revenue Regulations (RR) for the implementation of Republic Act No. 11976, otherwise known as the Ease of Paying Taxes (EOPT) Act. This edition of Tax Notes discusses matters relating to the risk-based approach in verifying VAT refund claims, refund of utilized excess income tax credit in case of dissolution or cessation of business and refund of erroneously collected taxes and penalties, covered under RR No. 5-2024.
5 min read |