Richard Ibarra

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Richard is a director in P&A Grant Thornton’s Tax Advisory and Compliance practice area. He also serves as a part-time faculty at Polytechnic University of the Philippines, where he handles accounting and taxation subjects.

Richard has more than a decade of accounting and taxation experience, particularly in providing tax compliance/due diligence audit and tax outsourcing services to local and multinational companies.

Prior to joining P&A Grant Thornton, Richard worked as a cost accountant in a manufacturing company and as an accounting manager in a group of chain restaurants.

Richard earned a Bachelor’s Degree in Accountancy from the Polytechnic University of the Philippines and a Master’s Degree in Business Administration from the Philippine Christian University.

Professional qualifications and memberships

2023 President, Philippine Association of Management Accountants
Philippine Institute of Certified Public Accountants
National Association of Certified Public Accountants in Education
Philippine Society for Training & Development
Institute of Certified Management Consultants

Latest Articles

Let's Talk Tax New rules for tax treatment of foreign currency transactions

It is common for taxpayers dealing with foreign entities, whether for purchases or sales, to have transactions in foreign currency. Therefore, it is important for taxpayers to be guided by the rules governing the use of forex rates in business transactions.

7 min read | 20 Feb 2024

Let's Talk Tax Post review of transaction

Many people will celebrate with their loved ones by giving flowers or boxes of chocolates, or by arranging dinner dates in restaurants or romantic places – gestures that show our appreciation and care for our loved ones.

5 min read | 14 Feb 2023

Let's Talk Tax Status of regular BIR audits under the new administration

Last week, I received a common inquiry from several clients – “Has the suspension of the tax audit been lifted?”. The reason is that these clients received assessment notices from the Bureau of Internal Revenue (BIR) such as the Notice of Discrepancy (NOD) and Preliminary Assessment Notice (PAN) that were personally served at their respective offices unexpectedly.

4 min read | 09 Aug 2022