News & Updates

BIR-Memorandum - opt

Revenue Memorandum Circular No. 16-2017 (February 22, 2017)

Amends RMC No. 36-2016 and clarifies the requirement of Professional Regulatory Board of Accountancy (BOA) under BOA Resolution No. 03, Series of 2016 <read more>

Accounting-PH-opt

Required Submission of Audited Financial Statements and Income Tax Return to SEC and BIR (February 22, 2017)

Please be reminded that the Securities and Exchange Commission (SEC) and Bureau of Internal Revenue (BIR) require stock and non-stock corporations and partnerships incorporated and/or registered in the Philippines to file and submit audited (if applicable) annual financial statements (FS) and annual income tax returns (ITR). Both the SEC and the BIR have governing rules and guidelines in the submission of the audited FS, ITR and other manual documentary attachments. <read more>