Financial statement analysis can be described as the analysis of the balance sheet, profit and loss statements, cash flows and statements of equity of a business in order to understand the risk and profitability of the undertaking, and quantify the past, current and prospective performance of a business. It is a very valuable tool to… Continue reading Financial Statement Analysis
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Life as an External Auditor
I spent almost four years of my life as an external auditor working with a big Firm. After graduating, I had taught in a University for 1 semester before I finally decided to work as an external auditor and experience the CPA profession at its fullest. Key responsibilities included reviewing spreadsheets, examining financial controls, gauging… Continue reading Life as an External Auditor
BIR Registration for Professionals and Sole Proprietorship
I am currently in the process of finishing registering my profession and my husband’s new business with the Bureau of Internal Revenue(BIR). Registering with the BIR is one major step in starting an undertaking. For myself, I choose to register as a professional for my freelance bookkeeping, while for my husband, he is registering as… Continue reading BIR Registration for Professionals and Sole Proprietorship


