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BIR CAS Compliance for Medium and Large Taxpayers

There are over 3,780+ large taxpayers and many are not compliant to the Bureau of Internal Revenue Regulation 9-2009 requiring large taxpayers to have a Computerized Accounting System (CAS). This becomes relevant also to the top 500 medium-sized provincial taxpayers in every revenue district which has the equivalent classification of a large taxpayer. 

To help medium and large taxpayers regarding their compliance issues, the Center for Global Best Practices is launching a program entitled, “BIR Computerized Accounting System Compliance for Medium and Large Taxpayers” scheduled on Thursday, June 21, 2018 at the EDSA Shangri-La Hotel, Mandaluyong City, Philippines.

With the BIR setting up a special task force called Computerized Systems Evaluation Team (CSET) to monitor large taxpayers, one can expect more enforcement from the tax authorities. The lecture will include discussions on the regulations and rulings, presentation of the challenges of getting BIR CAS accreditation and how to prepare for the actual system demonstration required by the BIR. Attending to this will help medium and large taxpayers hurdle and solve their CAS headaches, issues and most importantly, prevent those dreaded BIR penalties.

This will feature seasoned practitioner, Bienvenido Constantino, CPA. His expertise includes aligning large taxpayers’ IT-based accounting systems to comply with the regulations on CAS. He is the founder and CEO of Helix Software Technologies, an Australian IT firm specializing in cloud technologies designed for SME, large enterprises as well as for LGUs. He has assisted many large enterprises achieved BIR CAS compliance including A. Soriano Corp, Mirant, MicroD, Trends and Technologies, Mighty Corp., PCSO among many others. His extensive experience includes having worked as an IT project director of World Bank projects with the Commission on Audit and the Department of Energy as well as in various USAID initiatives. He finished his bachelor’s degree in accountancy from the University of the Philippines.

You may also find of interest the following Best Practices programs:

1) How to Really Read Financial Statements 
     Thursday & Friday, July 26 & 27, 2018

2) Local Government & Real Property Taxation 
     Friday, August 17, 2018

3) Tax Rights and Remedies for SMEs & Large Taxpayers 
     Friday, October 5, 2018

4) TRAIN Law + NewYear Tax Updates & Remedies
     Friday, January 18, 2019

The Center for Global Best Practices (CGBP) also accepts in-house training and consulting for individuals, families, and corporate clients. For complete details and list of other best practices seminars, you may check our website at www.cgbp.org or call Manila lines at (+63 2) 842-7148 or 59; (+63 2) 556-8968 to 69; and Cebu lines at (+63 32) 512-3106 to 07.

Note: Public officials and government employees attending these training programs are exempted from the P2,000 limit set by COA based on Department of Budget and Management Circular 563 issued on April 22, 2016.

#BestPractices #UpcomingSeminars2018 #PhilippineConferences #SeminarsPh #PhilippineTraining #PhilippineCompliancetotheBIR #BIRComputerizedAccountingSystem #BIRRegulations #BureauofInternalRevenue #PhilippineTaxUpdates #TaxCompliance #SMEs #TaxUpdatesPh #BeFullyInformed #LargeTaxpayersUnite #KnowYourTaxesProperly
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