The best accounting firms in the Philippines, the "Big Five" auditing firms, are listed in this article. The top CPA firms and major accounting firms in the world have always been popular in the business world, not only here but globally, too....
Budgeting is not a simple process as it seems, be it for personal or business use. Various skills are needed to develop, agree, negotiate and manage budgets.
Preliminary steps before commencing a Company Audit; Verification of Appointment, Verification of Memorandum, Verification of Articles, Verification of Prospectus, etc.
The Commission on Audit (COA) under the 1987 Constitution of the Philippines, prescribed the adoption of the New Accounting System for the Barangay that was implemented beginning the fiscal period, 1987.
If you are starting a small business or just want to keep Home Accounts ,then you will need to keep records. An essential part of your records will be your Cash Book. This enables you to record the movement in your Bank Account, and is essential...
Debits and credits can be very confusing when we are first introduced to them. This will give you a clear, basic understanding of the concept.
This hub features 10 of the well - known accounting scandals in the world, scandals that led to permanent and lasting changes to the accounting world.
The shift to the New Government System was made in response to conformity with the International Accounting Standard, computerization, generation of financial statements and for agency monitoring.
The liabilities of auditor can be classified as liability under optional audits and liability under statutory audits.
Different authorities defined the subject of ‘Accounting’ in different ways. So it is difficult to define the subject through a single definition. Let us look at some of the prominent definitions: American Accounting Association defined...