ACCOUNTING 101 : HOW TO TAME THE BIR DRAGON

To avoid delay, penalties, and other issues with the BIR, the taxpayer should ensure timely compliance with the BIR requirements. A taxpayer may suffer penalties for late distribution or filing of taxation statements, financial claims, and other documents. PROBLEM: The BIR is imposing tighter rules and recommendations on TAX COMPLIANCE AND REVENUE COLLECTION.

Unfamiliarity with taxes guidelines becomes costly, to start-ups especially, micro-businesses and small to medium businesses. For example, a violation or non-compliance can cost you a charges of P1000 per “return” (BIR Form that had not been filed on time) with interest and the excess 25% surcharge, whenever appropriate. Traversing the taxes guidelines for business people is even more crucial to your business, cash flow and important thing. Thus, conformity and crafting the appropriate tax arrange for your payment program, business expense, and income flow is essential.

SOLUTION: This workshop is a session about how you can best comply with the BIR Rules. You will also discover where the “saving opportunities” are, specific to your business or income movement. The workshop will help you learn tax planning appropriate to your income and expenditures circulation. Our CPA certified guru can help you craft your taxing structure for your compensation or business tax compliance.

  • And lastly would be your Blackbox (if needed), Theory of functions and functional specs
  • Experience with performance evaluation and optimization in the frontend
  • Final interview with the Team Business lead and our Engineering Director
  • Earn 7x points at hotels and resorts in the Hilton profile
  • The Cheap Information Officer – IT as information steward, but exactly why is it so expensive
  • *Additional details are available on the U.S. Bank landing page
  • From 2001-2004 median home debt grew 34%
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She will probably be your go-to-person to structure your essential tax-related transactions. Beyond the workshop, you may contact us to hire her expert advice on specific issues. Our aim is to help tax payers, especially entrepreneurs comply with BIR Rules through efficient tax planning and optimization, thereby maximizing its saving opportunities. What’s crucial here’s how you structure your declaration of expenses and your income flow. Our CPA licensed guru can help you build “best scenario” taxing framework for your compensation program or business – well within BIR Rules.

As risk evaluation is an integral task in task management, a business analyst with SQL experience will have a much more skilled demeanor when they could provide quantitative and relevant developments to stakeholders for further discussion. Real-cause analysis is an essential part of several business analysis initiatives.

It is the process of examining information in order to identify the true way to obtain a problem. The problem has been recognized Once, the next reasonable step in the procedure is collecting data. This is where SQL will come in handy. A business analyst with SQL experience within the business will know which directories and views to use in order to get a rich group of data to be looked into. Next, the BA will inspect patterns of the data (data mining) to be able to identify the reason. Many times, the ability to query and filtering specific information can easily present anomalies such as lacking data or erroneous data to help in the cause id.

A condition model, which is also called a changeover model represents the various states (statuses) of an object within a system. In addition, it illustrations the object’s transition from one condition to another state based on the business process or guidelines. There are various ways to get the information required to determine the areas and transitions of a system such as gathering the info from subject matter experts or obtaining a data dictionary from the system vendor.

While these options are good resources, imperfect information or outdated documents could be provided. As business experts, it would be good for compare the provided information with the SQL directories to verify that the info is aligned. Appropriately written SQL queries can help identify additional details such as statuses that are no longer active or situations where the condition transition did not follow the expected business process or business rules. In business analysis, evaluating various resources of information may be beneficial always!

As the demand for rapid data and technology boosts the expectation to mix specialized skills with business acumen can be more common. SQL is among the many programming languages that are accepted across many industries. While building and managing directories are not main functions of the business analyst role, the capability to navigate through SQL and understand the organization’s database structures will greatly raise the BA’s performance in interacting with technical groups. While the majority of the data-source development should be remaining to more specialized roles, the business would greatly benefit from the business analyst’s ability to analyze SQL data and steer the technical teams in the right direction for further analysis. So, do business analysts need to know SQL?