Micro, small and medium enterprises (MSME’s) in the Philippines are considered the backbone of our economy. MSME’s contribute more than two-thirds (69.9%) of all jobs in the Philippines. They also account for 32% of the total economic output of the country. That is why in order … [Read more...]
The Difference between Sales invoice and Official Receipt
What’s the difference between a Sales Invoice and an Official Receipt? To address this question, the following are some of the differences of sales invoices and official receipts: Sales Invoice Official Receipt 1. A sales invoice is a … [Read more...]
May 2013 CPA Board Exam Results and List of Passers
Today is the last day of the May 2013 Certified Public Accountants (CPAs) Board licensure examination. Hence, we are expecting that the May 2013 CPA Board Exam results and list of passers would be released by the Professional Regulation Commission (PRC) tomorrow, Tuesday May 28, … [Read more...]
Beyond the Percentage: Knowing Real Return of Investment Funds
The sign % is a very powerful tool. It represents many things such as how a certain amount is divided, how a certain business and investment performs, how satisfactory a people is in doing his job, and many more uses. To sum it all up, it is a measure of effectiveness and … [Read more...]
401(k)eing Your Salary
You probably don’t have an idea nor hear the word 401(k) here in the Philippines. 401(k) is an American term for employee’s retirement fund. Investopedia illustrate it as “a retirement savings plan sponsored by an employer. With a 401(k), you control how your money is invested. … [Read more...]
Investment Opportunities in the Philippines
Our future is uncertain, but we can always do something to manage the risk of uncertainty. We may work like there is no tomorrow, but we can’t always spend our money like tomorrow will never come. Investing our hard-earned money involves different levels of risk. They can be high … [Read more...]
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