6 Ways Accounting Technology Has Improved

6 Ways Accounting Technology Has Improved

6 Ways Accounting Technology Boosted the Accounting Process The use of Information Technology (IT) in today’s accounting systems is one of the time’s biggest breakthroughs. It paved the way for the use of IT networks and computerized accounting systems. A simpler accounting process emerged from this technological progress. Today, automated systems replaced the manual paper-based…

Benefits of Outsourcing Accounting Services

Benefits of Outsourcing Accounting Services

Why is there a Demand for Outsourcing Accounting Services? Today, the government and its supervising agencies are becoming more and more strict on companies’ financial transparency and regulatory compliance. Keeping business owners’ records in accordance while managing their business to stay afloat this puts a burden on them. Business functions that can’t be charged to…

Pros and Cons of a One Person Corporation

Pros and Cons of a One Person Corporation

Pros and Cons of A One Person Corporation Every Businessman Should Know Filipino business owners and foreigners alike rejoiced at the publication of the Republic Act 11232, otherwise known as the Revised Corporation Code. The long-awaited One Person Corporation is finally allowed in the Philippines. With that, Filipino business owners and foreign investors can now…

How the Revised Corporation Code of the Philippines Could Affect Your Business

How the Revised Corporation Code of the Philippines Could Affect Your Business

Shunning Bureaucratic Layers Through Revised Corporation Code of the Philippines Underscoring the need to enhance business efficiency accessibility in the Philippines, the Philippine Congress approved Republic Act 11232, which was later referred to as the Revised Corporation Code of the Philippines. Primarily designed to simplify doing business in the Philippines, the Revised Corporation Code of…