Business World – Suits the C-Suite articles 2019
Data is power: Using analytics for a Customs audit By Arlyn A. Sarmiento-Sy February 18, 2019
Our last four Suits the C-Suite articles have emphasized the need for importers to be audit-ready in the event that the Bureau of Customs (BoC)
Dealing with common issues in a BoC Audit By Victor C. De Dios and Josephine Grace R. Sandoval February 11, 2019
When shipments are “cleared” at the border after payment of duties and taxes, importers often assume that the Bureau of Customs (BoC)
To have and to hold: Customs import documents By Stephanie G. Vicente-Nava February 4, 2019
Many struggle to remember certain details, such as the phone numbers even of those close to them. This is due to the intrinsic limitation of human memory, or perhaps some
Prior disclosure or a customs audit: Which is the wiser option? By Lucil Q. Vicerra January 28, 2019
As discussed in last week’s column, Customs Administrative Order (CAO) No. 01-2019 has been issued. The CAO covers the conduct of the post clearance audit (PCA)
Are you ready for a customs audit? By Lucil Q. Vicerra January 21, 2019
It has been more than a year since Executive Order (EO) No. 46 was issued which revived the post clearance audit (PCA) function of the Bureau of Customs (BoC).
Tech-based compliance in emerging markets By Roderick M. Vega January 14, 2019
The nature of business today is very different from how it was just a few years ago.
Moving forward with our reason for being By J. Carlitos G. Cruz January 7, 2019
It has barely been a week since the New Year and already we have seen or experienced changes. Why? Because we are living in an age of transformation.
Business World – Suits the C-Suite articles 2018
Succession and unlocking the future of family businesses By Jules E. Riego December 17, 2018
The humble image evoked by the idea of a traditional, family-run business contrasts with the fact that they are considered economic
Fast-tracking digital transformation By Rossana A. Fajardo December 10, 2018
In a previous article in this column, we spoke about how important it is for company leaders to become digital-enabled in today’s
Can the public sector spearhead digital transformation? By Wilson P. Tan December 3, 2018
In the first part of this article, we recalled that both private and public sectors must take the business of digital transformation
Can the public sector spearhead digital transformation? By Wilson P. Tan November 26, 2018
In recent articles published in this column, we have highlighted the growing need for digital-ready leadership and the digital
When equal access brings economic success By J. Carlitos G. Cruz November 19, 2018
SGV & Co. is the first professional services firm in the world to receive the Economic Dividends for Gender Equality (EDGE) Assess Certification.
What are digitally savvy leaders? By Rossana A. Fajardo November 12, 2018
In a world of constant disruption and innovation-led advances, organizations are increasingly leveraging technology to transform
The proper allocation of costs and expenses for financial institutions By John Raymund Vincent A. Fullecido November 5, 2018
The Regional Trial Court (RTC) of Makati released its decision on the petition of banks seeking the invalidation of Bureau of Internal Revenue (BIR) Revenue Regulations
Revisiting the rules on offsetting arrangements By Kristine Joyce A. Dalangin October 29, 2018
Offsetting (or netting) may arise in business transactions where there is a debtor-creditor relationship.
Business World – Suits the C-Suite articles 2017
Effective reporting of expected credit loss estimates under IFRS 9 By Geraldine Rose V. Ogerio December 18, 2017
INTERNATIONAL Financial Reporting Standards (IFRS) 9, the replacement standard for International Accounting Standards (IAS) 39, Financial Instruments: Recognition and Measurement
Disruption and corporate training By Jennifer Jeanne S. Lim Bok-Uyking December 11, 2017
In a professional services organization like SGV, we recognize that developing talent in all its forms is integral to our underlying objective of building a better working world.
Reinventing internal audit in the age of disruption By Christiane Joymiel C. Say-Mendoza December 4, 2017
CHANGE IS COMING faster than ever. As technology and the world economy changes at an accelerated pace, so too does the level of emerging risks that come with it due to regulatory requirements and globalization, among others.
Are productivity incentive schemes benefits considered De minimis or other benefits? By Hentje Leo L. Leaño November 27, 2017
As we approach the end of the calendar year, employees’ excitement builds as bonuses and incentives such as collective bargaining agreement
Agriculture 3.0: Farms go digital By Jose Raoul J. Balisalisa November 20, 2017
In the course of an ocular inspection for a client, an alternative to a physical visit was proposed — to view video footage of the plantation captured by drones.
Financial inclusion in the age of digital disruption By Christian G. Lauron and Ruben D. Simon, Jr. November 16, 2017
A study conducted by the Bangko Sentral ng Pilipinas (BSP) showed that only two out of 10 households have bank accounts and, with an economy that has been growing 6% to 7% in recent years
Transfer Pricing Challenges in Cloud Computing By Ana Katrina C. Celis-De Jesus November 06, 2017
Gone are the days when brick-and-mortar businesses dominated the market. Recent trends show that many businesses are now shifting to online platforms.
IFRS 17: In search of better answers By Charisse Rossielin Y. Cruz October 30, 2017
In the first part of this article, we took a deeper look at the newly released International Financial Reporting Standards (IFRS) 17, Insurance Contracts, issued in May 2017.
Business World – Suits the C-Suite articles 2016
Seventy and beyond By Cirilo P. Noel December 20, 2016
Organizations measure success in quantifiable terms, such as revenue, margins, production volumes, brand, reputation, and more importantly, longevity.
The impact of IFRS 15 on the telecom industry By Ernesto A. Clarin December 12, 2016
IFRS 15, Revenue from Contracts with Customers, the highly anticipated revenue standard issued by the International Accounting
IFRS 9: Are global banks ready? By Redgienald G. Radam December 5, 2016
International Financial Reporting Standard (IFRS) 9 Financial Instruments is the new accounting standard that will eventually replace
The talent of tomorrow By J. Carlitos G. Cruz November 28, 2016
Just last week, I was invited to talk of the role of millennials in the work force at a convention in Davao City.