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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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25th Search for Outstanding Accountancy Students of the Philippines
P&A Foundation Inc., PICPA and ACPACI collaboration 25th Search for Outstanding Accountancy Students of the Philippines
This year marks the silver anniversary of the Search for Outstanding Accountancy Students of the Philippines (SOASP), a prestigious event celebrating its 25th year. The annual competition aims to recognize and distinguish graduating accounting students from across the country, challenging them in a rigorous battle of wits and knowledge.
5 min read |
PISA? Language is the Fundamental Cause
BRP's Opinion PISA? Language is the Fundamental Cause
Months after the release of the results of the Program for International Student Assessment (PISA) in 2022, the very low performance of Philippine students in this international assessment is still often discussed among various concerned groups.
9 min read |
Green Accounting: Path to sustainable practices
From Where We Sit Green Accounting: Path to sustainable practices
Picture this scenario: A real estate developer wins a bid to convert a large swath of forested land into a housing project. On the surface, this seems like a win-win. The housing shortage gets addressed, jobs are created, and the economy gets a boost. But beneath this apparent victory lies a cost: the chirping birds, the rustling leaves, and the communities intertwined with this land’s history are at risk of vanishing. These environmental and social costs often go unnoticed. As accountants, we can put a spotlight on these hidden costs through the practice of green accounting.
5 min read |
Clarification for Compliance with Invoicing Requirements: BIR RR No. 7-2024
Let's Talk Tax Clarification for Compliance with Invoicing Requirements: BIR RR No. 7-2024
On June 13, the BIR released Revenue Regulations (RR) No. 11-2024, amending the transitory provisions of RR No. 7-2024 and extending the statutory deadlines for compliance with the new Invoicing requirements under the Ease of Paying Taxes (EoPT) Act. RR No. 7-2024 became a key regulation in implementing EoPT, serving as a framework to guide taxpayers in navigating the new Invoicing requirements. While the implementation of EoPT may be challenging, the BIR remains dauntless and patient in addressing taxpayer concerns by releasing timely regulations.
6 min read |
Clarification on the Antedating of Deeds of Sale of Real Properties
Tax Notes Clarification on the Antedating of Deeds of Sale of Real Properties
Transactions involving dealings in property often take a period of time to complete. This length of time may stir complications over what date to use in documents or may be used to an advantage. As such, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 64-2024 last May 28, 2024, to provide policies and clarifications on antedating of deeds of sale involving real properties.
2 min read |