Skip to main content

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
Labels:

Comments

Post a Comment

Popular posts from this blog

2019 Revised Corporation Code of the Philippines

The 2019 Revised Corporation Code of the Philippines that took effect last February 21 will have tremendous impact on all corporations in the Philippines. To educate corporations about this, the Center for Global Best Practices will host a special program entitled 2019 Revised Corporation Code of the Philippines to be held on Thursday, April 11, 2019 at the EDSA Shangri-La Hotel, Mandaluyong City, Philippines. This program is designed to help you in your compliance, in structuring your deals and to avoid the legal pitfalls when making decisions in board and management meetings or when doing business and investing in the Philippines. The new legal framework introduces fresh concepts aligned with international best practices aimed at improving ease of doing business in the country. This program is SEC-Accredited for corporate governance. Board directors and top management attending this training will greatly benefit from this learning event. This one-day training will...
Post a Comment
Read more

Training on How to Implement the Data Privacy Act

The National Privacy Commission’s (NPC) campaign to inspect the compliance of all companies to the Data Privacy Act (DPA) across industries is now going full blast! With the recent release of the NPC’s Guidelines on Compliance Checks contained in Memorandum Circular No. 18-02 dated September 20, 2018, there is no reason for companies not to comply with this regulation. Ignoring this compliance issue will expose your organization and management to far greater risk! Failure to comply to this regulation can result to criminal prosecution up to 6 years imprisonment and civil liabilities for accountable officers, regulatory sanctions to suspend business transactions, and penalties of up to Php 5 million. With the clamor of many organizations to address their compliance issues, the Center for Global Best Practices will run a training program entitled, Compliance to the IRR of the Data Privacy Act & Implementation Best Practices to be held on Wednesday, December 5, 2018 at ...
Post a Comment
Read more

Mastering English for Law Students, Bar Examinees and Professionals

The Center for Global Best Practices will be conducting a seminar entitled “ Mastering English: For Law Students & Bar Examinees ” on Tuesday & Wednesday, May 24 & 25, 2011 at the Pearl Manila Hotel. The principal job of a lawyer and a professional is to communicate and persuade and English is their primary weapon in accomplishing this mission. The proficiency in communicating in this language is indispensable in law school and in the actual law and professional practice. Correct grammar and English usage are critical in writing with clarity, precision, and conciseness.  This seminar is designed to boost and improve one’s ability to write, express, and speak English clearly.  For more details, visit www.cgbp.org or call (02) 556-8968/69 (Manila) or (032) 512-3106 or 512-3107 (Cebu) . This pioneering program seeks to fill the need of law students and professionals in increasing their command of the English language, as well as legal writing. This program is appli...
1 comment
Read more