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National Internal Revenue Code of 1997 5th Edition
Responding to COVID-19 has knocked global compliance issues down the agenda exposing multinationals to further risk. By reviewing the management of compliance obligations and the role of outsourcing, you can reduce risk and retain focus on core operations.
Before the COVID-19 pandemic, my daily routine would usually start at 7:00 in the morning, with my wife persistently waking me up. From then on, everything was intense and rushed. Living far from office, I would take one to two hours to travel to work, depending on the traffic. Work, meetings, and evening law classes took up most of my day. The day would end around 10:00 in the evening upon my arrival at home.
THE Bureau of Internal Revenue recently issued Revenue Regulation 16-2020 on the further extension of due dates for filing of VAT refund claims covering taxable quarters affected by the implementation of the enhanced community quarantine (ECQ) and suspension of the 90-day processing period due to the spread of the pandemic.
According to a recent Grant Thornton United Kingdom (UK) report on e-learning, around a quarter of all corporate training in the UK was conducted online. While this has been increasing steadily every year, a large proportion of training has remained face-to-face.
Humanity has a natural desire to know about its ancestry and to keep the family name alive. Over and above the inclination of man to keep records of births and relationships, genealogy has been critical to chronology, particularly in the early years of human history.
Thank you for attending the nACPAE Webinar: Good Governance, Business Ethics, Risk Management, and Internal Control.
As often associated with the comic book superhero Spiderman is the statement: “With great power comes great responsibility.” In addition to my leadership role as a Partner for Advisory Services and the head of the Knowledge Management Group at P&A Grant Thornton, I am taking on new professional roles with the Philippine Institute of Certified Public Accountants (PICPA) – as chair of the Metro Manila Region (MMR) Council and as national vice president for public practice.
REPUBLIC Act (RA) 11032, otherwise known as the Ease of Doing Business and Efficient Government Service Delivery Act of 2018, mandates all offices and agencies providing government services to regularly undergo evaluation and improvement of their transaction systems and procedures and re-engineer the same if deemed necessary in order to mitigate undue regulatory burden and costs to the agencies and the applicants or requesting parties.
