Work experience
Richard has a decade of accounting and taxation experience. He has extensive experience in providing tax compliance/due diligence audits and tax outsourcing services to local and multinational companies.
Prior to joining P&A Grant Thornton, Richard worked as a Cost Accountant in a manufacturing company and as an Accounting Manager in a group of chain restaurants. He also teaches accounting and taxation subjects part-time at his alma mater, the Polytechnic University of the Philippines.
Qualifications
- Certified Public Accountant
Memberships
- Philippine Institute of Certified Public Accountants
- Philippine Association of Management Accountants
- National Association of Certified Public Accountants in Education
- Philippine Society for Training and Development
- Fellow Royal Institution of Singapore
Education
- Master's degree in Business Administration (academics completed), Polytechnic University of the Philippines
- Bachelor's degree in Accountancy, Polytechnic University of the Philippines
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Let's Talk Tax
New rules for tax treatment of foreign currency transactions
It is common for taxpayers dealing with foreign entities, whether for purchases or sales, to have transactions in foreign currency. Therefore, it is important for taxpayers to be guided by the rules governing the use of forex rates in business transactions.
Let's Talk Tax
Post review of transaction
Many people will celebrate with their loved ones by giving flowers or boxes of chocolates, or by arranging dinner dates in restaurants or romantic places – gestures that show our appreciation and care for our loved ones.
Let's Talk Tax
Status of regular BIR audits under the new administration
Last week, I received a common inquiry from several clients – “Has the suspension of the tax audit been lifted?”. The reason is that these clients received assessment notices from the Bureau of Internal Revenue (BIR) such as the Notice of Discrepancy (NOD) and Preliminary Assessment Notice (PAN) that were personally served at their respective offices unexpectedly.
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