Tax and Accounting Center, Inc. (TACI) in coordination with GPP & Co, CPAs (GPPCOCPAs)participated in the duly concluded PHILSME Expo 2012 organized by Tradecon along with its various exhibitors. The 3-day event from May 11-13, 2012 at PICC Forum, CCP Complex, Pasay City had been said to gather some 8,000 participants and visitors from around the Metro Manila.During the event, various exhibitors had participated ranging from franchising business, direct selling, networking, retailing, and financial services.
TACI Resource Speaker, Mr. Garry S. Pagaspas, CPA, LLB was called up to share insights about BIR Compliance for SMEs on the first day of the event, while the Managing Partner of GPP & Co., CPAs, Mr. Floyd Paguio, CPA, is scheduled to share insights about SEC Compliance for SMEs on the third day. With the advent of strict implementation of the government authorities, our guest speakers shared their insights about the basic requirements of the Bureau of Internal Revenue (BIR) and the Securities and Exchange Commission (SEC) for the awareness of the SMEs, encouraged the SMEs to educate themselves to develop their basic knowledge indispensable for their business operations, and apply such knowledge for their business advantage. They stressed that penalties are all over for SMEs who shall fail to comply with the requirements and that funds are wasted on such penalties when they could have been used in financing their business operations.
TACI and GPPCOCPAs speakers carry and promote the slogan,
“SME education for a better nation.”
We believe that the success of the SMEs will boost Philippine economy and uplift the livelihood of the average Filipino.
Disclaimer: This article is for general conceptual guidance only and is not a substitute for an expert opinion. Please consult your preferred tax and/or legal consultant for the specific details applicable to your circumstances. For comments, you may also please send mail at info(@)taxacctgcenter.ph, or you may post a question at Tax and Accounting Center Forum and participate therein.
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