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The Securities and Exchange Commission (SEC) approved the adoption of the following pronouncements as part of its rules and regulations on financial reporting:

It would not come as a surprise if many taxpayers receive tax assessments these days. If they are to stand a chance, it is important for them to have knowledge of their best options to challenge the issues raised by the Bureau of Internal Revenue (BIR)

Over the weekend, my two daughters were playing a game wherein their “powers” would be determined by the words that they said. Their special powers lived in their words.

Mergers and acquisitions have become popular business strategies for companies looking to expand into new markets or territories, to achieve economies of scale, to attain increased synergy, or to gain a competitive edge.

ALL persons engaged in trade or business, or in the practice of profession registered with the Bureau of Internal Revenue (BIR) are required to maintain books of accounts. The registered taxpayer determines which type to adopt as allowed by BIR – (1) manual books of accounts, (2) computerized books of accounts/computerized accounting systems (CAS), or (3) loose-leaf books of accounts. Should the taxpayer opt to use either the computerized or loose-leaf books of accounts, he must file an application for permit to use (PTU) with the BIR.

Although it was almost 20 years ago, I can still recall how amazed and happy I was when I had my first ever cellphone, a Nokia 5110 (yeah, I know how true-blooded millennials would react: “Nokia what?!”). But at that time, being able to make and receive calls and text messages anytime and anywhere was already considered significant technological luxuries – a wireless telephone and a pager (another foreign term, I know) rolled into one. We were treated to a new level of convenience and connectivity. And not only that, the now-primitive but still challenging “Snake” game allowed me to get past through a lot of boring moments.

DEPARTMENTS, agencies, instrumentalities, and political subdivisions of the government, including government-owned and controlled corporations (GOCCs) and government- financed institutions (GFIs) have been hiring personnel on job-order or service contract agreement basis.

Basketball-crazy Filipinos watched the Philippine Gilas team fall short during the recently-concluded 2017 FIBA Asia Championships in Lebanon.