How Work of CFOs and Accountants Are Connected Accounting is the business function of collecting financial records to create reports and make interpretations about the company’s financial health. On the other hand, the finance function, headed by the Chief Finance Officer (CFO), is the management of the company’s assets. Both are very different. But why…
Things to Consider in Choosing the Right Company Secretary in the Philippines The law requires every corporation to have a corporate secretary. The secretary handles supervisory tasks, so the job requires corporate and managerial skills. This means that companies should make sure that they find and hire the right company secretary. How do you ensure…
Disproving 5 Company Secretary Myths in the Philippines The workplace is an overly complex system of processes, people, and other factors. Thus, it is unavoidable that people from the outside assume and confuse business company positions and business activities in some strange ways. As such, the job of a company secretary is not one of…
Here Are Important Tips for Becoming a Corporate Secretary in the Philippines Many want to get into the corporate world. It is competitive, challenging, and most of all it pays off well. One way to do this is by becoming a corporate secretary. It’s a great position to learn, grow, and be open to many…
Different Types of Secretaries in the Philippines A secretary is a personnel tasked with management assistance, record-keeping, communication, making time tables, and helping in other administrative duties. However, secretaries do more than just that. They ensure record correctness, good staff workflow, and timely compliance. Their specific responsibilities depend on what their employer needs from them.…
5 Reasons Why Companies Outsource Corporate Secretary in the Philippines Hiring a service company has become popular. Many companies have adapted to hiring a service firm to handle many different tasks. And it is with reason- because it’s much more efficient. As a result, jobs are done faster and with more accuracy. It improves the…
What Advantages of Corporation Make it a Better Choice than Sole Proprietorship? Most of the time, a business stems from an organization or a person’s desire to fulfill the community’s need for a product or service. After all, ventures open when there is a demand. On the other hand, a business is also how innovations…
Philippine Government Allows Businesses with 100% Foreign Ownership in Transportation and Communications Power, communications, and transportations industry are vital for the operations of the country. One of the recent laws in the Philippines is allowing businesses with 100% foreign ownership regarding the transportation and communications industry to operate. The public utility business is a business…
Understanding the Ease of Doing Business Law of 2018: Implications to Companies in the Philippines When you have a business idea, it’s easy to get excited about the opportunity. However, establishing business needs to be legally fulfilled and reviewed. You see, the lack of legal understanding is one of the many reasons why most entrepreneurs…
A Look Inside Philippine Business Processes: What Happens for Not Renewing Business Permits Depending on the respective local government units (LGUs), it can be quite the hassle to register and renew business permits in the Philippines. It’s always tempting to continue operating without a business permit renewal because of the long queue lines and the…
