'IT'S funny how day-by-day nothing changes, but when you look back everything is different,' said CS Lewis, British writer, literary scholar and Anglican lay theologian.
'IT'S funny how day-by-day nothing changes, but when you look back everything is different,' said CS Lewis, British writer, literary scholar and Anglican lay theologian.So, with all the developments around including, but not limited to technology, economy, trends, laws and regulations, one can simply say that even the accountancy profession has indeed evolved continuously over the past decades, especially in recent years.
An increasingly important aspect of accountancy is ensuring compliance with relevant tax laws, to be updated with Bureau of Internal Revenue regulations, Securities and Exchange Commission requirements and other regulatory bodies to manage risks, minimize or reduce penalties, and avail of applicable tax benefits while being transparent in financial reporting practices in accordance with applicable accounting standards and framework.
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