Accounting

The Accounting category serves as a treasure trove of knowledge for professionals and business owners alike, focusing on the meticulous world of financial record-keeping and reporting. Blog posts in this section dissect the latest in accounting standards, best practices, and software advancements. From the fundamentals of bookkeeping to the complexity of financial statements, these articles provide valuable information on managing a company’s finances effectively. Suggestions for optimizing tax obligations, insights into forensic accounting, and tips for internal controls are just a few of the topics that can help readers stay ahead in the ever-evolving field of accounting.

01

Sep'25

Corporate Recovery Act Law

CREATE Law Final Tranche: What It Means for Your Business — and Why You Need to Be Ready for 2025

Entrepreneurs Accounting Academy

The Philippines just reached a milestone in corporate taxation: with the final tranche of the CREATE Law taking effect, small and medium enterprises (SMEs) can now enjoy the lowest corporate income tax rate in our history — 20%.

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26

Aug'25

VAT on Digital Services

The New VAT on Digital Services in the Philippines, Explained

Sarah Songalia

Discover how the new 12% VAT on digital services in the Philippines impacts SaaS, ads, and cloud costs—and what entrepreneurs and accountants must do to comply.

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10

Jun'24

Bundled Bookkeeping Course

Elevate Your Bookkeeping Skills with EAA Bookkeeping Course

Entrepreneurs Accounting Academy

Discover the comprehensive bookkeeping course offered by Entrepreneurs Accounting Academy. Master bookkeeping, payroll, taxation, and QuickBooks.

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26

Apr'24

Bookkeeping Basics; Understanding the Fundamentals

Entrepreneurs Accounting Academy

Bookkeeping is the systematic recording, organizing, and maintaining of financial transactions.

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11

Apr'24

Understanding Financial Statements

A Guide to Understanding Financial Statements

Entrepreneurs Accounting Academy

This guide provides a clear overview of the three main types of financial statements: the balance sheet, the income statement, and the cash flow statement.

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15

Jan'24

Hand holding a calculator over a table with printed financial graphs, illustrating "The Complete Cycle of Bookkeeping."

Bookkeeping Essentials: The Complete Bookkeeping Cycle

Sarah Songalia

The complete cycle of bookkeeping involves documentation, transaction recording, ledger posting, adjustments, and financial reporting.

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