5th Business Accounting Tax Program

Course Overview:

The main objective of the course is to provide general working knowledge of basic Business Accounting principles and techniques to assist the participants in their decision-making processes. The course will also explain how taxes are applied and how taxes can be minimized.

Participants who will attend this special course are presumed to have either ZERO KNOWLEDGE or VERY LITTLE EXPOSURE in Business Accounting and intend to develop their confidence in the appropriate use of financial data.

Comments on the Program:

"The Program offered a very good learning venue for accounting especially for individuals with no accounting background or skills. It provided a quick & easy understanding on the accounting principles with the use of real-life financial scenarios & practical exercises."

Dennis A. Dabuet
Service Delivery Manager
Ericsson Telecommunications Inc.

"I went to law school because I did not want to deal with numbers & formulas for the rest of my life. I was wrong. This course enlightened me on the necessity of accounting not just in my career but also in my personal finances. Now, I don’t have to stare into space during business meetings or pretend to understand financial statements during board meetings. The classes are not boring at all. Perhaps, the Professor in this course gives you a different perspective on numbers."

Atty. Riva Khristine V. Maala
Asst. Corporate Secretary / Lawyer
Export & Industry Bank, Inc.

"This is a really must for company owners. A little background of what your accountant is doing will help you understand your company more. The Professor is a very animated teacher. She made me realize that accounting is not boring. It’s naturally fun once you opt to know it. "

Ye Shin L. Huang
Assistant Manager
Manila Welcome Industrial Corporation

"Business Accounting and Tax Program helped me a lot on where to specifically concentrate when analyzing activities in our accounting department. It had greatly improved my decision making and understanding about actual business accounting.

The Professor effectively explains topics because she relates it to her experiences and what is going on in the industry. I am looking forward to attending her next session of management accounting."

Lorenzo Miguel A. Osida
Finance and Systems Analyst
Great Pacific Ship Management Co., Inc.

"A very informative and useful course. A definite must for business managers and entrepreneurs."

Vince Herbert G. Siy
General Manager
LLSP Development Corporation

"This course refreshed what I have studied in college. Now, I appreciate accounting much more because of the application in actual industries. The professor made it much simpler to understand and apply. Case studies were helpful to actual accounting procedures in our business."

Paolo Jaime R. Dilag Marketing Manager
Castle Merchants & Haulages, Inc.

Topics to be covered:

Topic 1

• Understanding FS
• Business Environment
• Balance Sheet
• Income Statement
• Cash Flow Statement
• Tax Implications
• Business Permit Implications

Topic 2

• Business Recording
• Your Debit, My Credit
• Tax Implications

Topic 3

• Are You Really Earning?
• Measuring Your Real Income
• Adjusting Entries
• Tax Implications

Topic 4

• Services and Trading Concern
• VAT: Output, Input

Topic 5

• Special Journals
• Books of Accounts as Required by BIR

Topic 6

• Tax Management
• Keeping the Records and Books.
• BIR Reportorial Requirements
• Business, Mayor’s Permit Registration
• SEC, Local Government, SSS, DOLE, Pag-ibig, PhilHealth

Topic 7

More Focus:

• Balance Sheet
• Income Statement

Topic 8

• Financial Statement Analysis

Who Should Attend:

The Program is ideal for Business Managers and Business Owners in both private and public sector. Specifically, the program should be of interest to:

• Managers in non-financial fields, including marketing, general management, information technology, engineering, product development, processing and manufacturing
• Non-financial professionals, directors, lawyers, investment advisors, and those involved in research and development, scientific, technical and systems and development projects with commercial applications
• Managers with new responsibilities such as division and department managers, project team leaders and directors
• Private individuals, professionals, executives, entrepreneurs keen to understand concepts underlying financial statements and financial decision-making for management and investment choices