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The Bureau of Internal Revenue[ 2 ] (Filipino: Kawanihan ng Rentas Internas, or BIR) is a revenue service for the Philippine government, which is responsible for collecting more than half of the total tax revenues of the government. It is an agency of the Department of Finance and it is led by a Commissioner.
The Philippine Institute of Certified Public Accountants (PICPA) is the national professional accountancy body of the Philippines. Explorers with an accounting background first formed the PICPA in November 1929. [2] The PICPA focuses on four areas of practice for a CPA: Public Practice, Commerce and Industry, Education, and Government.
The Internal Revenue Allotment (IRA) is a local government unit ’s (LGU) share of revenues from the Philippine national government. Provinces, independent cities, component cities, municipalities, and barangays each get a separate allotment. The allotment is largely based upon the type of government they are and a formula based upon their ...
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SyCip, Gorres, Velayo, and Company was founded in 1946 by Washington SyCip in Manila, providing services to businesses recovering from the Second World War. SyCip's childhood friend, Alfredo M. Velayo, and Vicente O. José, an accountant with experience in tax work, were taken in as partners in 1947 to form SyCip, Velayo, José & Company.
Commission on Audit Komisyon ng Pagsusuri. The Commission on Audit (COA; Filipino: Komisyon sa Awdit[ 2 ]) is an independent constitutional commission established by the Constitution of the Philippines. It has the primary function to examine, audit and settle all accounts and expenditures of the funds and properties of the Philippine government.
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