The document outlines the topics to be covered on two consecutive days of training on taxation, business law, management accounting, auditing, financial accounting, and advanced accounting. On the first day, topics included basic principles of taxation, estate tax, donor's tax, VAT, percentage tax, and other taxation topics. Business law topics included obligations, contracts, partnership, and corporation. Management accounting covered practice standards, cost concepts, CVP analysis, cost behavior, and analysis of financial statements. The second day covered auditing topics such as audit planning, risk assessment, inventory audits, and audits of other accounts. Financial accounting covered the environment of financial reporting, inventories, property and equipment, intangible assets, and other
The document outlines the topics to be covered on two consecutive days of training on taxation, business law, management accounting, auditing, financial accounting, and advanced accounting. On the first day, topics included basic principles of taxation, estate tax, donor's tax, VAT, percentage tax, and other taxation topics. Business law topics included obligations, contracts, partnership, and corporation. Management accounting covered practice standards, cost concepts, CVP analysis, cost behavior, and analysis of financial statements. The second day covered auditing topics such as audit planning, risk assessment, inventory audits, and audits of other accounts. Financial accounting covered the environment of financial reporting, inventories, property and equipment, intangible assets, and other
The document outlines the topics to be covered on two consecutive days of training on taxation, business law, management accounting, auditing, financial accounting, and advanced accounting. On the first day, topics included basic principles of taxation, estate tax, donor's tax, VAT, percentage tax, and other taxation topics. Business law topics included obligations, contracts, partnership, and corporation. Management accounting covered practice standards, cost concepts, CVP analysis, cost behavior, and analysis of financial statements. The second day covered auditing topics such as audit planning, risk assessment, inventory audits, and audits of other accounts. Financial accounting covered the environment of financial reporting, inventories, property and equipment, intangible assets, and other
o Basic Principles o Overview of Audit and Assurance Engagement
o Estate Tax o Client Acceptance o Donor’s Tax o Audit Planning Activities o VAT o Risk Assessment Activities o Percentage Tax o Audit of Inventories o Other Topics (Doc. Stamp Tax, Taxation Under o Audit of PPE Local Government Code, Preferential Tax, Tariff o Audit of Investment Property and Customs Code) o Audit of Intangible Assets o Audit of Cash and Cash Equivalents BUSINESS LAW o Audit of Receivables o Obligations o Audit of Investments o Contracts o Other Topics (Other Assurance and Non- o Partnership assurance Services) o Corporation FINANCIAL ACCOUNTING o Other Topics (PDIC Law, Secrecy of bank Deposits and Unclaimed Balances Law, AMLA o The Environment of FAR Law, Intellectual Property Law, Data Privacy o Inventories Act) o Biological Assets o PPE MAS o Investment Property o MAS Practice Standards o Intangible Assets o MA and Its Environment o Wasting Assets o Cost Concepts and Classifications o NCA Held for Sale o CVP Analysis o Cash and Cash Equivalents o Variable/Absorption Costing o Receivables o Cost Behavior – Determination and Prediction o Investments o Cost and Variance Analysis o Other Topics (Share-based payments, o Short-term Budget Borrowing Costs, Leases, income Tax, Employee o Analysis of Financial Statements Benefits, Interim Reporting, Segment Reporting, o Other Topics ( Finance, Macro and Cash to Accrual, PFRS for SMEs, PFRS on Micro Microeconomics) Enterprises)
ADVANCED ACCOUNTING
*Updates on Special Concerns: o Partnerships
o Joint Arrangements o Globalization o Corporate Liquidation o Digital and Information Technology o Installment Sales o Governance and Ethics o Long-term Construction Contracts o Regulatory Requirements and considerations o Franchise Accounting o Effective Business Communication o Home Office and Branch o Business Combination o Other Topics ( Accounting for Insurance Contracts, Accounting for BOT, Cost Accounting)