Business World – Suits the C-Suite articles 2017

Data analytics: What’s the buzz all about?

The use of data analytics to guide business decision-making is nothing new. Organizations have been adopting it to

Advance rulings from the Bureau of Customs and the Tariff Commission By Arlyn A. Sarmiento-Sy September 11, 2017

In last week’s column, we discussed the Advance Ruling system which was introduced under the provisions of Republic Act No. 10863

Advance rulings from the Bureau of Customs and the Tariff Commission By Arlyn A. Sarmiento-Sy September 4, 2017

It can be a nightmare for any importer to have imported goods held at customs for questioning on its classification

Unleashing the power of predictive data analytics By Benigno F. Leongson August 29, 2017

We live in an information-driven world and in a global economy that is increasingly propelled by complex and technology-based transactions.

Cyber extortion — What is it and what can we do about it? By Carlo Kristle G. Dimarucut August 22, 2017

With “Wanna Cry” and “Petya” recently being added to the list of cybersecurity issues getting the attention of mainstream media

EY Conversations by Cezar Peralta “Bong” Consing August 18, 2017

In our first edition of EY Conversations, we sit down with Bank of the Philippine Islands CEO Cezar Peralta “Bong” Consing as he talks about the Philippines economy, his career, and globalization.

Can it be business as usual for the hospitality sector? By Grail B. Ragos-Rosario August 14, 2017

Technology, demographics and globalization are among the various factors that have been significantly changing

What’s next after the new IFRS standards? By Ma. Emilita L. Villanueva August 7, 2017

In the last three years, the International Accounting Standards Board or IASB has issued four new major

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.

Business World – Suits the C-Suite articles 2015

BEPS Action Plan 2: Neutralizing the effects of hybrid mismatch arrangements By Faustina Victoria E. Ochoa-Sarmiento December 28, 2015

Hybrid mismatch arrangements are the focus of the 2-part Action Plan 2 of the Organisation for Economic Co-operation and Development’s (OECD’s) Base Erosion and Profit Shifting (BEPS) initiative.

Focusing on nonfinancial risks by Vicky Lee-Salas December 21, 2015

As the business environment for financial institutions grows increasingly more complex and challenging, more and more banks are rethinking their risk management systems

Transfer pricing of intangibles in the age of BEPS By Joyce A. Francisco December 14, 2015

In our previous columns, we tackled some of the recommendations from the Organisation for Economic Co-operation and Development (OECD) on how to address the issue of Base Erosion and Profit Shifting (BEPS)

BEPS Action Plan 10: Low value-adding services (Second of two parts) By Auresana I. Torres December 7, 2015

In last week’s column, we started our discussion on Base Erosion and Profit Shifting (BEPS) Action Plan 10, which seeks to align transfer pricing outcomes to value creation by providing protection to

Business World – Suits the C-Suite articles 2014

2015: a year for awareness and action beyond borders By Cirilo P. Noel December 29, 2014

THOSE with their ears to the ground may have got the sense that 2015 holds promise, while also realizing that extracting that potential will not be straightforward.

The six traits of digital-ready CIOs By Warren R. Bituin December 22, 2014

IN A WORLD fueled by rapid-fire innovation and technological evolution, progressive Chief Information Officers (CIO) are seeing more opportunities

The OECD action plan on Base Erosion and Profit Shifting By Fidela I. Reyes and Margarita Mallari-Acaban December 15, 2014

IN TAX, the latest global buzzword is “BEPS” or base erosion and profit shifting. BEPS refers to the practice of multinational corporations (MNCs)

Leveraging Filipino talent: Going global without leaving home By Arnel F. De Jesus December 9, 2014

IN DAYS when Makati was still a 9-to-5 city, taxis knew their best chance at a late-night passenger would be outside the SGV & Co.

Business World – Suits the C-Suite articles 2013

Investing in and for social change By Cirilo P. Noel December 23, 2013

MORE than a month after the phenomenal damage wrought by super typhoon Yolanda, relief efforts continue for the thousands upon thousands of survivors who lost their homes and livelihoods.

An importer’s guide to free trade agreements By Victor C. De Dios December 16, 2013

WITH the entry into force of regional Free Trade Agreements (FTAs), importers have a window of opportunity to reduce costs by availing themselves of preferential customs duty rates.

Tax relief for casualty losses By Cheryl Edeline C. Ong December 9, 2013

IN LAST week’s article, we talked about the taxability of donations given the recent outpouring of compassionate aid

Tax breaks for the compassionate By Betheena C. Dizon December 2, 2013

SUPER typhoon Yolanda (Haiyan) wrought unimaginable devastation in the Visayas and sparked a massive international relief

Business World – Suits the C-Suite articles 2012

Growth, prosperity and duty by Cirilo P. Noel December 17, 2012

Although Typhoon Pablo brought unexpectedly sweeping devastation to some provinces in Mindanao – dampening

The greening of the hotel industry by Jose Pepito E. Zabat III December 10, 2012

Globally, the hospitality industry has been showing significant recovery and growth, with better performance indicators

Do fiscal incentives truly promote change? by Fara G. Vargas-Pagaran November 4, 2012

There are two versions of a bill currently pending in Congress that seek to change the system of investment incentives

Investment Entities: The Standards and their Challenges by Ma. Emilita L. Villanueva November 26, 2012

In May 2011, the International Accounting Standards Board (IASB) issued International Financial Reporting Standards

Business World – Suits the C-Suite articles 2011

“The Gift of Knowledge” by W. SyCip (December 27, 2011)

It is the day after Christmas and I am sure that you received some presents and likewise gave out gifts to your family and friends.

“New consolidation standard redefines ‘control’” by Editha Viray-Estacio (December 19, 2011)

The International Accounting Standards Board (IASB) recently issued three new standards: IFRS 10 Consolidated Financial Statements, IFRS 11 Joint Arrangements, and IFRS 12 Disclosure of Interests in Other Entities.

“Accounting for customer loyalty programs” by Dhonabee B. Señeres (December 12, 2011)

Stiff, cut-throat competition in the global market and intense rivalry prompt companies to devise creative marketing strategies to keep ahead of competition.

“Embracing the new IT reality” by Carlo Kristle G. Dimarucut (December 5, 2011)

An organization’s fundamental functions often pivot around the capabilities and boundaries of IT. But for some reason, the use of cloud, social media and personal devices in the enterprise has caught most IT organizations unprepared.