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Showing posts with the label Finance

New Year Tax Updates and Remedies

With the passage of Tax Reform for Acceleration and Inclusion (TRAIN) and the clamor of many businesses and tax practitioners to keep themselves updated and compliant with the numerous changes on tax policies of the Duterte government, the Center for Global Best Practices will be holding a one-day program entitled, “ TRAIN Law + New Year Tax Updates andRemedies ” on Friday, January 18, 2019 at the Manila Marriott Hotel, Pasay City, Philippines. Start the year right with this one-day comprehensive program to provide you with the updates on new tax laws, very relevant 2017 BIR issuances up to January 2018. This will provide your organization the clear guidance on the impact on the new tax regulations and laws on your business transactions ensuring compliance (monthly, quarterly, and annual), minimizing and avoiding unnecessary tax exposures, assessments and penalties from the taxing authority. This training will also feature the latest relevant decisions of the Court of Tax Appeal...

AMLA for Insurance Companies and Financial Institutions

With the recent release of Insurance Commission (IC) Circular Letter 2018-48 and 2018-60 that took effect November 14 & 22, 2018, all insurance, pre-need, reinsurance companies, mutual benefit associations, trusts for charitable uses, HMOs and other covered persons (agents, brokers, etc.) and institutions regulated by Insurance Commission (IC) are required to implement detailed policies and procedures that will combat money laundering and terrorism financing. With the clamor of many insurance companies to be fully compliant and to provide a mandatory training for all its officers and employees, the Center for Global Best Practices will host a special program entitled,  AMLA for Insurance Companies and Financial Institutions   to be held on Thursday, January 31, 2019 at the Manila Marriott Hotel, Pasay City, Philippines. This program coincides with the Anti-Money Laundering Council’s Revised IRR on Anti-Money Laundering Act which took effect on November 22, 2018 ...

Learn Best Practices in Project Feasibility Study and Analysis

Projects are the cutting edge of development. For both government and business organizations, a project entails an investment of financial resources that are expected to create additional resources and produce benefits or returns over an extended period. For this reason, organizations need a thorough deliberation and assessment of any projects that can bring more value to them. To help management achieve its full potential on project investments, the Center for Global Best Practices (CGBP) will host a pioneering program entitled, Best Practices in Project Feasibility Study and Analysis on Thursday and Friday, December 13 & 14, 2018 at the Manila Marriott Hotel, Pasay City, Philippines. Learn how to score winning projects by conducting feasibility study and carefully assessing its results – whether it is investment-worthy or not. This two-day training is designed to fully equip participants with the global standards in determining the feasibility of a project in various ...

Managing Financial Performance for CEOs and CFOs

While financial analysis makes sense, it is not enough to afford the management and the board of directors of any organization the value-adding attributes that are required to strategically position a business and take advantage of the opportunities for growth. With this, the Center for Global Best Practices will host a pioneering program entitled, Best Practices in Managing Financial Performance to be held on Thursday and Friday, October 25 & 26, 2018 at the Manila Marriott Hotel, Pasay City, Philippines. This two-day seminar goes beyond the technical and routine financial analytical ratios that can be easily derived at using the data in the financial statements. It provides the participants an opportunity to think more strategically and focus on the significant aspects of managing the financial performance of a business. It covers the tools and techniques in using financial data to set the business strategic goals, plan for relevant business activities, and come up wi...

Understanding Cooperative Financial Statements

Cooperatives have their own language of business when it comes to preparation and interpretation of their financial statements.  If you want to do business with over 27,000 listed cooperatives in the Philippines, it is a must to master their unique accounting terminologies. With this, the Center for Global Best Practices will host a CPD-accredited program entitled, Understanding Cooperative Financial Statements to be held Thursday and Friday, September 6 & 7, 2018 at the Manila Marriott Hotel, Pasay City, Philippines. This pioneering, two-day program will provide you a comprehensive understanding of the cooperatives' financial statements under the Philippine Financial Reporting Framework (PFRS) . This user-friendly guide will address important issues such as knowing the difference between Cooperative Statement of Financial Condition vs. Corporation's Statement of Financial Position; Cooperative Statement of Operations vs. Corporation's Income Statement, and ...