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Shaping a Vibrant Future

Shaping a Vibrant Future
Since 1988, P&A Grant Thornton has been establishing corporate milestones with its loyal clients, which has helped assert itself as a leading professional services firm in the country.
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Shaping a Vibrant Future
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25th Search for Outstanding Accountancy Students of the Philippines
P&A Foundation Inc., PICPA and ACPACI collaboration 25th Search for Outstanding Accountancy Students of the Philippines
This year marks the silver anniversary of the Search for Outstanding Accountancy Students of the Philippines (SOASP), a prestigious event celebrating its 25th year. The annual competition aims to recognize and distinguish graduating accounting students from across the country, challenging them in a rigorous battle of wits and knowledge.
5 min read |
PISA? Language is the Fundamental Cause
BRP's Opinion PISA? Language is the Fundamental Cause
Months after the release of the results of the Program for International Student Assessment (PISA) in 2022, the very low performance of Philippine students in this international assessment is still often discussed among various concerned groups.
9 min read |
Clarification on the invoicing requirements per RR No.7-2024, as amended by RR No.11 -2024
Tax Notes Clarification on the invoicing requirements per RR No.7-2024, as amended by RR No.11 -2024
The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 77-2024, clarifying the taxpayer’s issues regarding invoicing requirements under the Ease of Paying Taxes (EOPT) Act and Revenue Regulations (RR) No. 7-2024, as amended by RR No. 11-2024.
5 min read |
To Give Credit Where Credit Is Due
Let's Talk Tax To Give Credit Where Credit Is Due
Generally, VAT-registered persons subject their sales to VAT. The next question is, when should the sales be subject to VAT? Republic Act No. 11976, also known as the Ease of Paying Taxes (EOPT) Act, adopted the accrual basis for VAT recognition for both the sale of goods and services.
8 min read |
Value-Added Tax (VAT) on digital services: Yay or Nay?
Line of Sight Value-Added Tax (VAT) on digital services: Yay or Nay?
Comparatively, businesses evolved from mere trading of valuable goods by traveling miles to find the perfect equivalent to the current day and age where two business parties can interact while being oceans apart.
6 min read |