News and Events

• One-Third Of Employers Use Decade-Old Payroll Technology
  A new survey has found that one-third of employers are using payroll technology that is at least 10 years old. The “Evolution of Payroll Tec...
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• Wilmington to outsource payroll to ADP.
  Wilmington Mayor Mike Purzycki announced that,payroll functions will be outsourced beginning July 1. Three jobs will be cut. Wilmington has ...
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• Global Payroll Outsourcing Market Manufacturers 2018 ? IBM Corporation, Mckesson Corporation, Xerox Corporatio, Dell
  Intense Research announced updated research report of the industry focusing on “Payroll Outsourcing Market” and providing comprehensiv...
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• Commentary: Who audits the ?Big Four? auditing firms?
  Making life uncomfortable for masters of the accounting world is in the public interest, says one observer at the Financial Times. L...
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• BKD buys part of Grant Thornton?s Wichita practice
  BKD is acquiring a portion of Grant Thornton LLP’s Wichita audit and tax practices, effective June 1, 2018. As part of the dea...
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• BKD Acquires Texas Accounting Firm Rylander, Clay and Opitz
  The Fort Worth, Texas, accounting firm Rylander, Clay & Opitz, LLP RCO has been acquired by the national firm BKD effective June 1, 2018. ...
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• IFAC updates guide for small and midsized accounting practices
  The International Foundation of Accountants has released the fourth edition of its Guide to Practice Management for Small- and Medium-Sized Practi...
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• COA bares OSG?s P10-M ?excess? allowances, P800-M ?illegal? payments
  Solicitor General Jose Calida and 14 lawyers in his agency last year collected P10.8 million in excess allowances in violation of Commission on Au...
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• Greed remains at the heart of audit scandals
  The rot in the auditing and accounting profession was laid bare during a recent round table discussion between regulators, industry bodies and Cor...
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• New executive team appointed at Mazars
  The team will be responsible for developing and implementing the firm’s strategy in the UK Top Ten firm Mazars has announced t...
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• SE Asia Stocks-Fall on soft Wall Street; Philippines down over 2 pct
  By Christina Martin Jan 30 Reuters - Southeast Asian stock markets fell on Tuesday tracking Wall Street, with the Philippine...
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• What lies in store for accountancy in 2018?
  Accountancy Age held a webinar about what the accountancy industry should look out for in 2018 Accountancy Age recently held a webin...
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• Philippines tops budget transparency ranking in Asia
  By Mary Grace Padin The Philippine Star Based on the survey, the country scored an Open Budget Index OBI of 67, securing the t...
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• COA adopts international framework to measure performance
  The Commission on Audit COA thrives in a culture of excellence and in order to ensure that its services are at par with the international audit ...
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• DOF tightens internal audit
  By Mary Grace Padin The Philippine Star MANILA, Philippines — The Department of Finance DOF has formally adopted an inte...
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• The 2017 Accounting Today MP Elite
  Leadership is often seen as a mysterious art, and people frequently chalk success in high positions up to charisma or some other similarly nebulou...
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• Merck to Move Accounting, Book-Keeping to Poland, Philippines
  German pharmaceutical giant Merck KGaA is relocating parts of its accounting and book-keeping team to shared service centers in Poland and the Phi...
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• Audit tensions often precede control weaknesses, study says
  If tensions are rising between a given company and its external auditor, there’s a greater chance the company will be reporting internal con...
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• Have Asia's SMEs got talent?
  By Ryan Poggi The Philippine Star | Updated August 7, 2017 - 12:00am MANILA, Philippines - What do “Asia’s Got Talent...
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• Number of workers raiding retirement funds rises
  One-third of Millennials and Gen Xers have already used money for expenses, survey finds. By Anslee Wolfe August 7, 2017 ...
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• Monetary Board sees tax reform inflation impact only temporary
  NEW TAXES expected to be in place by next year will likely have a one-off impact on inflation, the Bangko Sentral ng Pilipinas BSP said, adding ...
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• Is it time to revive the estate tax?
  When our loved ones pass away, we do not concern ourselves immediately with the transfer of properties they left behind. We tend to forget the obl...
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• Investors need to watch out for revenue recognition changes
  With the new revenue recognition standard taking effect next year, companies and their investors are bound to see some dramatic changes in the top...
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• Computerized accounting system compliance for large taxpayers
  MANILA, Philippines - There are over 2,000 large taxpayers and many are not compliant to the Bureau of Internal Revenue Regulation 9-2009 requirin...
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• Best practices and remedies in handling customs tax audits
  MANILA, Philippines - The Center for Global Best Practices is holding a pioneering seminar titled ‘Best Practices in Handling Customs Tax A...
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• DOF slams Board of Accountancy for insisting on additional red tape
  By Chino S. Leyco The Department of Finance DOF slammed the Board of Accountancy BOA for insisting an additional red tape that i...
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• Why accountants need to know strategic finance
  By: Glenn San Luis One criticism of the accounting profession is that sometimes, it is too “tree-focused” and many woul...
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• Bureaucratic accounting requirement
  By: Raul J. Palabrica The cost of doing business in the country has gone one notch higher, no thanks to the Professional Regulatory ...
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• Auditing the auditors
  By Jun Cuaresma - FEBRUARY 22, 2016 Jun CuaresmaIn the recent years, auditing the auditors has become a global development in the ac...
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• SEC Security Deposit of Branch Offices in the Philippines
  By: Tax and Accounting Center Philippines Under Section 126 of the Corporation Code of the Philippines, a security deposit is requir...
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• International Ouality Summit Convention - New York 2013
  Presentation of awards to companies from 52 countries around the world for achievements in quality and Excellence. Abuel Yu Villar &...
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• Auditing Standards
  There are a number of generally adapted auditing standards that were developed in the past. These same standards are still being used in the indu...
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• Understanding Internal Auditing
  Internal auditing is a tedious process performed by someone who has an in-depth understanding of the internal audit activity of the business that ...
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