The BIR now requires registered online businesses to display an official Registration Seal Badge on their digital platforms. Learn who must comply, where the badge should appear, and what businesses need to prepare.

BIR RMC No. 59-2026 clarifies the VAT rules for digital services in the Philippines. Learn how the guidelines may affect local businesses, digital platforms, invoicing, and tax compliance.

BIR RMC No. 47-2026 introduces updated procedures designed to make business closure and tax registration cancellation more streamlined. Learn the key changes, requirements, and steps taxpayers should understand.

Internal audit goes beyond checking compliance. It helps businesses identify emerging risks, strengthen internal controls, improve decision-making, and build greater resilience in a rapidly changing environment.

Qualified micro taxpayers may benefit from the BIR’s one-time tax abatement program, offering possible relief from penalties and interest on eligible tax liabilities. Learn who may qualify and how to apply.

The IASB has clarified how companies should apply the fair value option under IAS 28. Learn what the amendments may mean for investment accounting, financial reporting, and compliance preparation.

E-invoicing is more than a technology upgrade—it may involve new systems, training, compliance costs, and process changes. Find out what businesses should prepare for before the 2026 deadline.

The BIR has clarified the extended validity of Cooperative Compliance Certificates for tax exemption applications. Learn how this update affects cooperatives and their compliance requirements.

Common Corporate Governance Issues Corporate governance issues are commonly identified during audit engagements. These issues often relate to weak oversight, unclear roles and responsibilities, and lack of proper policies and procedures. Auditor Evaluation of Governance Structures Auditors assess governance structures to determine whether management and the board provide effective oversight over financial reporting and internal controls. Risks of Weak Governance Poor governan