Showing 61–72 of 77 results

  • SECRETS OF INVALIDATING TAX ASSESSMENTS

    SECRETS OF INVALIDATING TAX ASSESSMENTS

    ₱1,699.00 + VAT

    Featured Speaker: Mr. Senen Quizon
    Tax  Partner – Deloitte Philippines

    May 31, 2024
    2:00pm – 5:00pm
    *******************************************************************
    ONLINE
    REGULAR RATE      Php 1,699.00 + VAT starting May 25, 2024
    EARLY BIRD RATE  Php 1,399.00 + VAT until May 24, 2024
    GROUP RATE          Php 1,299.00 + VAT per pax for 5 – 14 pax
    SUPER GROUP RATE  Php 1,099.00 + VAT per pax for 15 or more pax
    BIRTHDAY MONTH PROMO – Free Seat  Register within Your Birthday Month with at least 2 Paid Pax @Php1,699.00+ VAT per pax  Must present proof of date of birth

    JOIN NOW PAY LATER PROMO   Pay After 30 Days from the date of the Masterclass @ Php1,899.00+ VAT per pax

    Inclusive of the Masterclass Session, the presentation materials and the Digital Certificate.
    ******************************************************************* 

    SECRETS OF INVALIDATING TAX ASSESSMENTS

    INTRODUCTION
    Is your company or business being assessed (or likely to be assessed) by the B.I.R.? Have you received any notice (Letter of Authority, Tax Verification Notice, Subpoena Duces Tecum, and the like)? Are you prepared? You need to be aware of what exactly you need to do or you will stand to spend an arm and a leg. Uncover the strategies, tactics and remedies in invalidating tax assessment.

    COURSE CONTENT
    I. Basics of tax assessment

    • Legal basis of authority to assess taxpayer
    • Prescriptive period of tax assessments
    • Three (3) years vs 10 years prescriptive period
    • Extension of period to assess through issuance of waiver
    • Types of BIR audit/investigation notices
    • Letter of authority, Letter Notice, Tax Verification Notice and Mission Order
    • Service of assessment notices
    • Submission of documents pursuant to BIR notice
    • Issuance of subpoena duces tecum
    • Application of best evidence rule

    II. Stages of tax assessment

    • Notice of discrepancy (NOD)
    • Preliminary Assessment Notice (PAN)
    • Final Assessment Notice (FAN)
    • Final Decision Disputed Assessment (FDA)

    III. Common audit findings and protesting tax assessment

    • Questioning validity of tax assessment at different stages of tax assessment
    • Addressing factual and legal issues in tax assessment

    RESOURCE SPEAKER: Mr. Senen  Quizon

    • Senen has over 17 years of professional experience in tax services. His experience covers tax ruling assistance, tax investigation assistance, tax training, and tax consultancy for companies engaged in the Manufacturing, Life Sciences & Health Care, and Technology, Media & Telecommunications industries.
    • Prior to joining Deloitte, he was the Chief of the Direct Taxes Branch of a government agency, where he conducted numerous studies in the area of direct tax and tax administration. During his stint in the government, he participated in the legislative process by drafting proposed tax legislations and serving as a resource person in public hearings on various tax measures.
    • Senen is an Accredited Tax Practitioner of the Bureau of Internal Revenue and is a regular speaker at the Philippine Institute of Certified Public Accountants (PICPA).
    • Senen worked for 10 years in another local accounting firm as part of its Tax Knowledge Center, which handles training and publications.
    • Senen is an Accredited Tax Practitioner of the Bureau of Internal Revenue. He earned his degree in Bachelor of Science in Applied Economics from the Polytechnic University of the Philippines and received his Master’s degree in Business Administration from Colegio de San Juan de Letran. He has also attended a variety of foreign tax training programs sponsored by JICA, IMF, and other multilateral agencies.

    In-House Training

    We can conduct in-house training for the above program, Tax and Accounting Reconciliation, for your company to make it more customized to your requirements. Likewise, we can run other programs on Taxation and Accounting.

    In the same vein, with our battery of seasoned Filipino trainers or speakers, training consultants and facilitators, we can conduct other employee development programs for your people configured to your preferences:

    HUMAN RESOURCE or HR

    • Basic and Advanced HR
    • Recruitment or Talent Selection
    • Onboarding
    • Training or Learning and Development
    • Job Evaluation
    • Employee Compensation and Benefits

    LABOR LAW

    • Labor Law 101
    • Flexible Work Arrangements
    • Company Policy
    • Employee Discipline
    • Administrative Hearing
    • Job Contracting

    TAXATION

    • Basic Taxation
    • All About VAT
    • Withholding Taxes
    • Tax Assessment
    • Percentage Tax
    • Legal Strategies to Reduce Tax
    • Handling B.I.R. Audit
    • Employee Benefits Tax

    ACCOUNTING

    • Basic Accounting and Bookkeeping
    • Understanding Financial Statements
    • Strengthening Your Accounting Systems
    • Internal Control
    • Accounting for Non-Accountants
    • Finance for Non-Financial Professionals

    SUPPLY CHAIN MANAGEMENT

    • Introduction to Materials Management
    • Warehouse Management
    • Inventory Planning and Control
    • Modern Procurement
    • Supply Management

    LEADERSHIP, MANAGEMENT OR SUPERVISION

    • Basic Leadership and Management Excellence
    • Supervisory Leadership Development
    • Developing Your Managerial Leadership
    • How to Bring Out the Best in People

    SALES

    • Awaken the Sales Champion in You
    • Professional Selling
    • ExSELLence
    • How to Handle Objections
    • 39 Ways to Close More Sales

    OTHER PROGRAMS

    • Customer Service
    • Telephone and Email Etiquette
    • Top Techniques to improve Collection
    • Work Attitude and Values Enhancement

    IMPORTANT REMINDERS

    POWERMAX WEBINARS.  As a leading online corporate training provider in Manila, Philippines, Powermax currently offers live webinars which are designed to give you an incisive insight into a plethora of interesting and relevant topics using Zoom technology. It aims to uncork the latest updates, best practices, useful strategies, and tactics, and/or practical tips and techniques not just to widen your horizon but also to equip you with the essential knowledge and skills. Hopefully, this will also encourage you to register for the other webinars of Powermax. Just visit our site –www.powermax.ph to see our other webinars.

    LIMITED SLOTS. Limited slots are available. To avoid last-minute delays and inconveniences, we advise you to please register at the latest two days or one day before the webinar event.

    REGISTRATION. You must register or be registered by someone else to be able to join our webinars.  Webinar access links are strictly sent through email therefore make sure you indicate the right email addresses for the participants. Please indicate how many participants you wish to include before hitting the REGISTER NOW button.

    CHECK OUT. When you go to the Checkout Page, double-check the number of participants you have to register, if you change your mind or wish to make last-minute adjustments, do not forget to update your cart by clicking the UPDATE CART button.  Once everything is final, you may now click the PROCEED TO CHECK OUT button.

    BILLING DETAILS AND THE NAMES OF THE PARTICIPANTS. On the upper portion, you have to enter your details (esp. your email address) as the one paying for the registration. Underneath, you have to enter the details (esp. the email addresses) of the participants you wish to join the webinar.

    PAYMENT

    POWERMAX provides three (3) payment options:
    (1) Bank Deposit/Online Bank Transfer
    (2) G-Cash
    (3) PayPal/Credit or Debit Card Through PayPal 

    Bank Deposit or Online Bank Transfer / G-Cash
    If you choose Bank Deposit/Online Bank Transfer or G-Cash, you have to send the proof of payment to info@powermax.ph.

    IMPORTANT:  Proof of payment must be sent to info@powermax.ph.  Failure to send the proof of payment to info@powermax.ph means the participants will not receive the webinar links even if the proof of payment is sent to other contact details of Powermax or its representatives (e.g., Facebook, Messenger, Viber, other email addresses, etc.).

    Payment Through PayPal
    If you choose to pay for your registration using PayPal you may do so.  Please take note that PayPal also accepts Debit Cards and Credit Cards bearing the VISA and Mastercard logo. Unlike the Bank Deposit/Online Bank Transfer, the PayPal process automatically updates our system to issue the participants their access to our webinars.

    WEBINAR ACCESS LINKS.  Once payment is made and verified, we can activate the spot on the webinar then we can send the webinar access links to the email addresses of the participants – this only goes with Bank Deposit/Online Bank Transfer / G-Cash.  However, for payments made using PayPal, the activation process is automatic. Note that your webinar access link cannot be shared with anyone else.  If you cannot attend on the date and time of the webinar kindly advise us at the latest one day ahead.

    POWER WEBINARS. Powermax live webinars are designed to give you an incisive insight into a plethora of interesting and relevant topics using Zoom technology. It aims to uncork the latest updates, best practices, useful strategies, and tactics, and/or practical tips and techniques not just to widen your horizon but also to equip you with the essential knowledge and skills. Hopefully, this will also encourage you to register for the other webinars of Powermax. Just visit our site – www.powermax.ph to see our other webinars.

    A PLEASANT WEBINAR EXPERIENCE

    To ensure a pleasant webinar experience, we recommend to registrants to:

    1. Download and install the Zoomapplication beforehand
    2. Ensure that there is a proper internet WIFI connection
    3. Use a working webinar streaming device.

    TERMS AND CONDITIONS

    1. Definition of Terms
      • REGISTRANT – The person who has registered himself or other people for a webinar of Powermax
      • ENROLLEE(S) – The person(s) registered by the REGISTRANT
      • PAID REGISTRANT – The registrant who has paid in full for the registration of the ENROLLEE(S)
      • ATTENDEE(S) – The enrollee(s) who has/have actually attended the webinar
    2. The Official Receipts will be made available for pick up at the office of

    Powermax Consulting Group. If you need a soft copy, we can take a picture of it and send you a copy online. However, if you want the physical copy delivered to your office, you can arrange with and pay for a local courier service like Lalamove or Grab Express.

    1. Sharing of the presentation materials depends on the webinar speaker.

    (a) Some speakers willingly share their materials while others don’t.
    (b) For the speakers who are willing to share their presentation materials

    • Some prefer that the materials be sent in advance while others prefer that they be sent after the webinar
    • Some prefer that the handouts to be given to the attendees are different from the PowerPoint files that they use and will not share the PPT files

    Powermax cannot guarantee that the presentation materials of each webinar will be shared, or shared in advance, or will be the same as the PPT file of the speaker.

    1. By joining the webinar of Powermax, you consent to interviews, photography, audio recording, video recording and its / their release, publication, exhibition, or reproduction to be used for news, web casts, promotional purposes, telecasts, advertising, inclusion on web sites, or for any other purpose(s) that Powermax, its vendors, partners, affiliates and/or representatives deems fit to use. You release Powermax, its officers and employees, and each and all persons involved from any liability connected with the taking, recording, digitizing, or publication of interviews, photographs, computer images, video and/or or sound recordings.Any form of video, image or audio recording during the webinar is not allowed unless with the express permission of the speaker and the management of Powermax Consulting Group.
    2. By entering the event premises (conference venue or Zoom meeting platform), you waive all rights to any claims for payment or royalties in connection with any exhibition, streaming, webcasting, televising, or other publication of these materials, regardless of the purpose or sponsoring of such exhibiting, broadcasting, webcasting, or other publication irrespective of whether a fee for admission or sponsorship is charged. You also waive any right to inspect or approve any photo, video, or audio recording taken.
    3. Any form of video, image or audio recording during the webinar is not allowed unless with the express permission of the speaker and the management of Powermax Consulting Group.
    4. Your registration fee entitles your enrollee(s) to a slot in a webinar you have paid for but no record of the video of the webinar will be shared.
    5. If an enrollee fails to join the webinar because Powermax fails to give the webinar link, the payment of his / her REGISTRANT will be refunded in full or if the REGISTRANT prefers, the payment will be rolled over to other webinars of his / her choice.
    6. If an enrollee advises Powermax five (5) days before the scheduled date of the webinar that he / she cannot attend it, the payment for that slot will be rolled over to another webinar. But if he / she avails of the presentation materials of that webinar (assuming the speaker has shared the materials), the payment cannot be rolled over to another webinar.
    7. If an enrollee fails to attend a webinar and also fails to advise Powermax five (5) days before the scheduled date of the webinar, the presentation materials of that webinar (assuming the speaker has shared the materials) will be given to him / her but there will be no option for rollover.
    8. If an enrollee fails to attend a webinar because of a technical glitch on his / her device but other enrollees manage to join the said webinar, there will be no liability on the part of Powermax unless it can be established that there is a clear fault by a representative of Powermax.
    9. Certificates will be given to the ATTENDEES only.
    10. Questions or clarifications about the subject matter of a webinar can only be entertained by the speakers during the holding of the webinar. After the webinar, the speaker cannot be obliged to answer them though email, Facebook chat or some other means.
    11. Unless asked by the speaker or the host to talk, the attendees should not unmute their microphone to avoid distracting the session. Anyone who persists in unmuting his / her audio, despite the reminder or warning, will be removed from the webinar session.
    12. During the webinar, the ATTENDEES are not allowed to advertise any business competitive with the business of Powermax (seminars / webinars / events) or its sister company AGFI or Advertising and Gaming Fabrication, Inc. (signages, kiosks, podiums, gaming modules like tambiolo, roleta, pachinko; sticker and tarpaulin printing; and laser cutting)
    13. We want everyone to enjoy the webinar. However, we reserve the right to remove participants who are unruly or disruptive (e.g., keeps making noise, spamming the chat, etc.) and no refund will be made.

    Thank you and enjoy!

    Keep safe and God Bless!

     

    Add to cartDone
  • Placeholder

    Significant Changes in Corporate Taxes

    ₱1,499.00 + VAT

    Featured Speaker: Mr. Aaron Escartin, CPA
    Partner – Tax Reporting and Operations, SGV

    April 21, 2021
    1:30pm – 4:30pm
    *******************************************************************
    Regular Rate           Php 1,499.00 + VAT starting April 15, 2021
    Early Bird Rate        Php 1,399.00 + VAT until April 14, 2021
    Group Rate              Php 1,299.00 + VAT per pax for 5 or more pax

    Inclusive of the Webinar Session, the presentation materials and the Digital Certificate

    ******************************************************************* 

    Significant Changes in Corporate Taxes

    Introduction

    Are you aware of the significant changes in corporate taxes? How about the tax impact of RA11494, including NOLCO and Retirement Benefits? Do you know what’s in it for you for CREATE or Corporate Recovery Tax Incentives for Enterprises Act recently signed by President Duterte? How will you be affected? Among the topics to be covered are: changes in corporate tax and other taxes; rationalization of fiscal incentives; and impact on financial reporting. Be up to speed. Join this masterclass to be facilitated by Mr. Aaron Escartin, Partner in SGV’s Tax Reporting and Operations Group. It is worth your investment.

    Course Outline

    I. Tax Impact of Republic Act No. 11494 (“Bayanihan to Recover as One Act”)

    A. Net Operating Loss Carry-over (NOLCO)

    B. Retirement Benefits


    II. Corporate Recovery and Tax Incentives for Enterprises Act (“CREATE”)

    A. Changes in corporate tax and other taxes

    1. Corporate tax adjustments on:
    2. Corporate income tax transition
    3. Deductions from gross income
    4. Tax-free exchanges
    5. VAT-exempt transactions
    6. Other percentage tax
    7. Withholding taxes at source
    8. Credit or refund of taxes

    B. Rationalization of fiscal incentives

    1. Authority to grant incentives
    2. Qualifications of a Registered Business Enterprise (RBE) for Tax Incentives
    3. Domestic and Export Enterprises
    4. Fiscal incentives

    C. Impact on financial reporting

     


    Featured Speaker – Mr. Aaron Escartin, CPA

    • Mr. Aaron Escartin, or “Ace” to his friends, is a CPA and a partner in SGV’s Tax Reporting and Operations Group. He handles tax compliance (review and outsourcing), tax due diligence review, tax planning, tax test of controls, SOX compliance, tax accounting services (income tax provisioning, deferred income tax review and calculation, and FIN 48 review and calculation), compensation planning, litigation support, contract reviews, and special tax studies (preparation of tax manuals), among others.
    • Ace joined SyCip Gorres Velayo & Co. (SGV), the Philippine member firm of Ernst & Young, in 1996, based in the Makati office. He is a Certified Public Accountant, 1996, Sixth place.
    • Ace obtained his Master of Business Administration degree from the De La Salle University in June 2001, Silver Medalist.
    • He received his Bachelor of Science in Accountancy degree from the University of the Philippines-Iloilo in November 1995, Cum Laude.
    • Ace has an MBA degree with Distinction from DLSU.
    • He is recognized as one of the Ernst & Young Chairman’s Values Champions in the Far East Area in 2007. Ace is a recipient of the SGV Special Award in July 2006 for exceptional contributions to the Tax Compliance Group.

     

     

    IMPORTANT REMINDERS

    LIMITED SLOTS. Limited slots are available. To avoid last-minute delays and inconveniences, we advise you to please register at the latest two days or one day before the webinar event.

    REGISTRATION. You must register or be registered by someone else to be able to join our webinars.  Webinar access links are strictly sent through email therefore make sure you indicate the right email addresses for the participants. Please indicate how many participants you wish to include before hitting the REGISTER NOW button.

    CHECK OUT. When you go to the Checkout Page, double-check the number of participants you have to register, if you change your mind or wish to make last-minute adjustments, do not forget to update your cart by clicking the UPDATE CART button.  Once everything is final, you may now click the PROCEED TO CHECK OUT button.

    BILLING DETAILS AND THE NAMES OF THE PARTICIPANTS. On the upper portion, you have to enter your details (esp. your email address) as the one paying for the registration. Underneath, you have to enter the details (esp. the email addresses) of the participants you wish to join the webinar.

    PAYMENT

    POWERMAX provides three (3) payment options:
    (1) Bank Deposit/Online Bank Transfer
    (2) G-Cash
    (3) PayPal/Credit or Debit Card Through PayPal

    Bank Deposit or Online Bank Transfer / G-Cash
    If you choose Bank Deposit/Online Bank Transfer or G-Cash, you have to send the proof of payment to info@powermax.ph.

    IMPORTANT:  Proof of payment must be sent to info@powermax.ph.  Failure to send the proof of payment to info@powermax.ph means the participants will not receive the webinar links even if the proof of payment is sent to other contact details of Powermax or its representatives (e.g., Facebook, Messenger, Viber, other email addresses, etc.).

    Payment Through PayPal
    If you choose to pay for your registration using PayPal you may do so.  Please take note that PayPal also accepts Debit Cards and Credit Cards bearing the VISA and Mastercard logo. Unlike the Bank Deposit/Online Bank Transfer, the PayPal process automatically updates our system to issue the participants their access to our webinars.

    WEBINAR ACCESS LINKS.  Once payment is made and verified, we can activate the spot on the webinar then we can send the webinar access links to the email addresses of the participants – this only goes with Bank Deposit/Online Bank Transfer / G-Cash.  However, for payments made using PayPal, the activation process is automatic. Note that your webinar access link cannot be shared with anyone else.  If you cannot attend on the date and time of the webinar kindly advise us at the latest one day ahead.

    POWER WEBINARS. Powermax live webinars are designed to give you an incisive insight into a plethora of interesting and relevant topics using Zoom technology. It aims to uncork the latest updates, best practices, useful strategies, and tactics, and/or practical tips and techniques not just to widen your horizon but also to equip you with the essential knowledge and skills. Hopefully, this will also encourage you to register for the other webinars of Powermax. Just visit our site – www.powermax.ph to see our other webinars.

    A PLEASANT WEBINAR EXPERIENCE

    To ensure a pleasant webinar experience, we recommend to registrants to:

    1. Download and install the Zoom application beforehand
    2. Ensure that there is a proper internet WIFI connection
    3. Use a working webinar streaming device.

     

    TERMS AND CONDITIONS

    1. Definition of Terms
      • REGISTRANT – The person who has registered himself or other people for a webinar of Powermax
      • ENROLLEE(S) – The person(s) registered by the REGISTRANT
      • PAID REGISTRANT – The registrant who has paid in full for the registration of the ENROLLEE(S)
      • ATTENDEE(S) – The enrollee(s) who has / have actually attended the webinar
    1. The Official Receipts will be made available for pick up at the office of

    Powermax Consulting Group. If you need a soft copy, we can take a picture of it and send you a copy online. However, if you want the physical copy delivered to your office, you can arrange with and pay for a local courier service like Lalamove or Grab Express.

    1. Sharing of the presentation materials depends on the webinar speaker.

    (a) Some speakers willingly share their materials while others don’t.
    (b) For the speakers who are willing to share their presentation materials

    • Some prefer that the materials be sent in advance while others prefer that they be sent after the webinar
    • Some prefer that the handouts to be given to the attendees are different from the PowerPoint files that they use and will not share the PPT files

    Powermax cannot guarantee that the presentation materials of each webinar will be shared, or shared in advance, or will be the same as the PPT file of the speaker.

    1. Any form of video, image or audio recording during the webinar is not allowed unless with the express permission of the speaker and the management of Powermax Consulting Group.
    2. Your registration fee entitles your enrollee(s) to a slot in a webinar you have paid for but no record of the video of the webinar will be given.
    3. If an enrollee fails to join the webinar because Powermax fails to give the webinar link, the payment of his / her REGISTRANT will be refunded in full or if the REGISTRANT prefers, the payment will be rolled over to other webinars of his / her choice.
    4. If an enrollee advises Powermax five (5) days before the scheduled date of the webinar that he / she cannot attend it, the payment for that slot will be rolled over to another webinar. But if he / she avails of the presentation materials of that webinar (assuming the speaker has shared the materials), the payment cannot be rolled over to another webinar.
    5. If an enrollee fails to attend a webinar and also fails to advise Powermax five (5) days before the scheduled date of the webinar, the presentation materials of that webinar (assuming the speaker has shared the materials) will be given to him / her but there will be no option for rollover.
    6. If an enrollee fails to attend a webinar because of a technical glitch on his / her device but other enrollees manage to join the said webinar, there will be no liability on the part of Powermax unless it can be established that there is a clear fault by a representative of Powermax.
    7. Certificates will be given to the ATTENDEES only.
    8. Questions or clarifications about the subject matter of a webinar can only be entertained by the speakers during the holding of the webinar. After the webinar, the speaker cannot be obliged to answer them through email, Facebook chat or some other means.
    9. Unless asked by the speaker or the host to talk, the attendees should not unmute their microphone to avoid distracting the session. Anyone who persists in unmuting his / her audio, despite the reminder or warning, will be removed from the webinar session.

     

    Thank you and enjoy!

    Keep safe and God Bless!

    Add to cartDone
  • Tax and Accounting Reconciliation

    Tax and Accounting Reconciliation

    ₱1,599.00 + VAT

    Featured Speaker:  Mr. Jekell Salosagcol
    CPA Reviewer and PFRS Trainer

    December 9, 2021
    1:30pm –  4:30pm
    *******************************************************************
    Regular Rate           Php 1,599.00 + VAT starting December 3, 2021
    Early Bird Rate        Php 1,399.00 + VAT until December 2, 2021
    Group Rate             Php 1,299.00 + VAT per pax for 5 – 14 pax
    Super Group Rate   Php 1,099.00 + VAT per pax for 15 or more pax

    Inclusive of the Webinar Session and the Digital Certificate
    *******************************************************************

    Tax and Accounting Reconciliation

     

    Introduction

    This is one of the best online learning sessions you can join if you want to clearly understand the Philippine tax and accounting landscape and their mainstream differences that practitioners usually overlook when preparing financial statements and ITR’s.

    It will feature seasoned CPA Reviewer and PFRS Trainer, Mr. Jekell Salosagcol, who is well reputed for his ability not just to explain the subject matter clearly but also in simplifying what looks complex and nebulous to the immense satisfaction of the participants. And just for good measure, you will appreciate his sense of humor. Definitely not the typical dry and boring discussion. You will not regret joining this webinar.

     

    Course Outline

    1. OVERVIEW OF PHILIPPINE INCOME TAX

    • Income tax
    • Business tax
    • Withholding tax


    2. OVERVIEW OF FINANCIAL ACCOUNTING

    • PFRS
    • PFRS for SME


    3. DIFFERENCES BETWEEN ACCOUNTING AND TAXATION

    • Borrowing costs
    • Foreign exchange gains and losses
    • Investment properties
    • Depreciation and amortization
    • Impairment losses
    • Unrealized gains and losses
    • Retirement benefit expense
    • Revenue from sale of real estate
    • Leases
    • Biological assets
    • Research and development costs
    • Organizational costs
    • Fines and penalties
    • Accounting changes and correction of errors


    4. THE CONCEPT OF DEFERRED TAX ACCOUNTING

    • Importance
    • Components of income tax expense
    • Temporary differences
    • Excess MCIT
    • Net operating loss carryover


    5. ACCOUNTING FOR BUSINESS TAXES

    • VAT
    • Other percentage taxes

     

    RESOURCE SPEAKER – Mr. Jekell Salosagcol

    • 2002 to Date CPA Reviewer: Auditing Theory and Practice -CRC -ACE -CPA Review School
    • 2006 to Date Resource Speaker: PICPA CPE Seminar son Accounting and Auditing Standards
    • 1999 to 2002 CPA Reviewer: Auditing Theory and Practice CPA Review School of the Phils.
    • 1996 to 1999 Lecturer: De La Salle University; St. Scholastica’s College; and Colegio de San Juan de Letran.

    PFRS Trainer

    • Manila Electric Company Accenture Philippines
    • Commission on Audit Dole Philippines
    • Bureau of Treasury Philippines Association of Local Government Accountants
    • Bureau of Internal Revenue National Institute of Accounting Technician

    Audit and Consultancy

    • 2012 Consultant: Independent Oil Price Review Committee- Department of Energy
    • 2011 to date: Audit and PFRS Consultant- Government Service Insurance System
    • 2010 to date: Technical and Training Consultant- Reyes Tacandong & Company
    • 2008 to date: Consultant: ORT Consulting Group LLC- Chicago II. USA
    • 2008 to 2010: Vice-President for US Operations: Theorem Global Business Outsourcing Inc.
    • 1995 to 1996: Auditor- Sycip, Gorres, Velayo & Company

    Education

    • 2nd Placer Philippine CPA Licensure Examination- May 1995
    • BS Accountancy- Technological Institute of the Philippines- 1990 to 1994

    Publication

    • 2002 – “Basic Auditing Theory and Concepts”
    • 2005 – “A Guide in Understanding the Philippine Standards on Auditing

     

     

    In-House Training

    We can conduct in-house training for the above program, Tax and Accounting Reconciliation, for your company to make it more customized to your requirements. Likewise, we can run other programs on Taxation and Accounting.

    In the same vein, with our battery of seasoned Filipino trainers or speakers, training consultants and facilitators, we can conduct other employee development programs for your people configured to your preferences:

    HUMAN RESOURCE or HR

    • Basic and Advanced HR
    • Recruitment or Talent Selection
    • Onboarding
    • Training or Learning and Development
    • Job Evaluation
    • Employee Compensation and Benefits

    LABOR LAW

    • Labor Law 101
    • Flexible Work Arrangements
    • Company Policy
    • Employee Discipline
    • Administrative Hearing
    • Job Contracting

    TAXATION

    • Basic Taxation
    • All About VAT
    • Withholding Taxes
    • Tax Assessment
    • Percentage Tax
    • Legal Strategies to Reduce Tax
    • Handling B.I.R. Audit
    • Employee Benefits Tax

    ACCOUNTING

    • Basic Accounting and Bookkeeping
    • Understanding Financial Statements
    • Strengthening Your Accounting Systems
    • Internal Control
    • Accounting for Non-Accountants
    • Finance for Non-Financial Professionals

    SUPPLY CHAIN MANAGEMENT

    • Introduction to Materials Management
    • Warehouse Management
    • Inventory Planning and Control
    • Modern Procurement
    • Supply Management

    LEADERSHIP, MANAGEMENT OR SUPERVISION

    • Basic Leadership and Management Excellence
    • Supervisory Leadership Development
    • Developing Your Managerial Leadership
    • How to Bring Out the Best in People

    SALES

    • Awaken the Sales Champion in You
    • Professional Selling
    • ExSELLence
    • How to Handle Objections
    • 39 Ways to Close More Sales

    OTHER PROGRAMS

    • Customer Service
    • Telephone and Email Etiquette
    • Top Techniques to improve Collection
    • Work Attitude and Values Enhancement

     

    IMPORTANT REMINDERS

    POWERMAX WEBINARS.  As a leading online corporate training provider in Manila, Philippines, Powermax currently offers live webinars which are designed to give you an incisive insight into a plethora of interesting and relevant topics using Zoom technology. It aims to uncork the latest updates, best practices, useful strategies, and tactics, and/or practical tips and techniques not just to widen your horizon but also to equip you with the essential knowledge and skills. Hopefully, this will also encourage you to register for the other webinars of Powermax. Just visit our site –www.powermax.ph to see our other webinars.

    LIMITED SLOTS. Limited slots are available. To avoid last-minute delays and inconveniences, we advise you to please register at the latest two days or one day before the webinar event.

    REGISTRATION. You must register or be registered by someone else to be able to join our webinars.  Webinar access links are strictly sent through email therefore make sure you indicate the right email addresses for the participants. Please indicate how many participants you wish to include before hitting the REGISTER NOW button.

    CHECK OUT. When you go to the Checkout Page, double-check the number of participants you have to register, if you change your mind or wish to make last-minute adjustments, do not forget to update your cart by clicking the UPDATE CART button.  Once everything is final, you may now click the PROCEED TO CHECK OUT button.

    BILLING DETAILS AND THE NAMES OF THE PARTICIPANTS. On the upper portion, you have to enter your details (esp. your email address) as the one paying for the registration. Underneath, you have to enter the details (esp. the email addresses) of the participants you wish to join the webinar.

    PAYMENT

    POWERMAX provides three (3) payment options:
    (1) Bank Deposit/Online Bank Transfer
    (2) G-Cash
    (3) PayPal/Credit or Debit Card Through PayPal 

    Bank Deposit or Online Bank Transfer / G-Cash
    If you choose Bank Deposit/Online Bank Transfer or G-Cash, you have to send the proof of payment to info@powermax.ph.

    IMPORTANT:  Proof of payment must be sent to info@powermax.ph.  Failure to send the proof of payment to info@powermax.ph means the participants will not receive the webinar links even if the proof of payment is sent to other contact details of Powermax or its representatives (e.g., Facebook, Messenger, Viber, other email addresses, etc.).

    Payment Through PayPal
    If you choose to pay for your registration using PayPal you may do so.  Please take note that PayPal also accepts Debit Cards and Credit Cards bearing the VISA and Mastercard logo. Unlike the Bank Deposit/Online Bank Transfer, the PayPal process automatically updates our system to issue the participants their access to our webinars.

    WEBINAR ACCESS LINKS.  Once payment is made and verified, we can activate the spot on the webinar then we can send the webinar access links to the email addresses of the participants – this only goes with Bank Deposit/Online Bank Transfer / G-Cash.  However, for payments made using PayPal, the activation process is automatic. Note that your webinar access link cannot be shared with anyone else.  If you cannot attend on the date and time of the webinar kindly advise us at the latest one day ahead.

     

    POWER WEBINARS. Powermax live webinars are designed to give you an incisive insight into a plethora of interesting and relevant topics using Zoom technology. It aims to uncork the latest updates, best practices, useful strategies, and tactics, and/or practical tips and techniques not just to widen your horizon but also to equip you with the essential knowledge and skills. Hopefully, this will also encourage you to register for the other webinars of Powermax. Just visit our site – www.powermax.ph to see our other webinars.

    A PLEASANT WEBINAR EXPERIENCE

    To ensure a pleasant webinar experience, we recommend to registrants to:

    1. Download and install the Zoom application beforehand
    2. Ensure that there is a proper internet WIFI connection
    3. Use a working webinar streaming device.

     

    TERMS AND CONDITIONS

    1. Definition of Terms
      • REGISTRANT – The person who has registered himself or other people for a webinar of Powermax
      • ENROLLEE(S) – The person(s) registered by the REGISTRANT
      • PAID REGISTRANT – The registrant who has paid in full for the registration of the ENROLLEE(S)
      • ATTENDEE(S) – The enrollee(s) who has / have actually attended the webinar
    2. The Official Receipts will be made available for pick up at the office of

    Powermax Consulting Group. If you need a soft copy, we can take a picture of it and send you a copy online. However, if you want the physical copy delivered to your office, you can arrange with and pay for a local courier service like Lalamove or Grab Express.

    1. Sharing of the presentation materials depends on the webinar speaker.

    (a) Some speakers willingly share their materials while others don’t.
    (b) For the speakers who are willing to share their presentation materials

    • Some prefer that the materials be sent in advance while others prefer that they be sent after the webinar
    • Some prefer that the handouts to be given to the attendees are different from the PowerPoint files that they use and will not share the PPT files

    Powermax cannot guarantee that the presentation materials of each webinar will be shared, or shared in advance, or will be the same as the PPT file of the speaker.

    1. By joining the webinar of Powermax, you consent to interviews, photography, audio recording, video recording and its / their release, publication, exhibition, or reproduction to be used for news, web casts, promotional purposes, telecasts, advertising, inclusion on web sites, or for any other purpose(s) that Powermax, its vendors, partners, affiliates and/or representatives deems fit to use. You release Powermax, its officers and employees, and each and all persons involved from any liability connected with the taking, recording, digitizing, or publication of interviews, photographs, computer images, video and/or or sound recordings.Any form of video, image or audio recording during the webinar is not allowed unless with the express permission of the speaker and the management of Powermax Consulting Group.
    2. By entering the event premises (conference venue or Zoom meeting platform), you waive all rights to any claims for payment or royalties in connection with any exhibition, streaming, webcasting, televising, or other publication of these materials, regardless of the purpose or sponsoring of such exhibiting, broadcasting, webcasting, or other publication irrespective of whether a fee for admission or sponsorship is charged. You also waive any right to inspect or approve any photo, video, or audio recording taken.
    3. Any form of video, image or audio recording during the webinar is not allowed unless with the express permission of the speaker and the management of Powermax Consulting Group.
    4. Your registration fee entitles your enrollee(s) to a slot in a webinar you have paid for but no record of the video of the webinar will be shared.
    5. If an enrollee fails to join the webinar because Powermax fails to give the webinar link, the payment of his / her REGISTRANT will be refunded in full or if the REGISTRANT prefers, the payment will be rolled over to other webinars of his / her choice.
    6. If an enrollee advises Powermax five (5) days before the scheduled date of the webinar that he / she cannot attend it, the payment for that slot will be rolled over to another webinar. But if he / she avails of the presentation materials of that webinar (assuming the speaker has shared the materials), the payment cannot be rolled over to another webinar.
    7. If an enrollee fails to attend a webinar and also fails to advise Powermax five (5) days before the scheduled date of the webinar, the presentation materials of that webinar (assuming the speaker has shared the materials) will be given to him / her but there will be no option for rollover.
    8. If an enrollee fails to attend a webinar because of a technical glitch on his / her device but other enrollees manage to join the said webinar, there will be no liability on the part of Powermax unless it can be established that there is a clear fault by a representative of Powermax.
    9. Certificates will be given to the ATTENDEES only.
    10. Questions or clarifications about the subject matter of a webinar can only be entertained by the speakers during the holding of the webinar. After the webinar, the speaker cannot be obliged to answer them though email, Facebook chat or some other means.
    11. Unless asked by the speaker or the host to talk, the attendees should not unmute their microphone to avoid distracting the session. Anyone who persists in unmuting his / her audio, despite the reminder or warning, will be removed from the webinar session.
    12. During the webinar, the ATTENDEES are not allowed to advertise any business competitive with the business of Powermax (seminars / webinars / events) or its sister company AGFI or Advertising and Gaming Fabrication, Inc. (signages, kiosks, podiums, gaming modules like tambiolo, roleta, pachinko; sticker and tarpaulin printing; and laser cutting)
    13. We want everyone to enjoy the webinar. However, we reserve the right to remove participants who are unruly or disruptive (e.g., keeps making noise, spamming the chat, etc.) and no refund will be made.

     

    Thank you and enjoy!

    Keep safe and God Bless!

    Add to cartDone
  • Tax And Accounting Reconciliation

    Tax And Accounting Reconciliation

    ₱1,699.00 + VAT

    Featured Speaker: Mr. Aaron Escartin, CPA
    Tax Partner – SGV and Co.

    April 20, 2022
    2:00pm – 5:00pm
    *******************************************************************
    Regular Rate           Php 1,699.00 + VAT starting April 14, 2022
    Early Bird Rate        Php 1,399.00 + VAT until April 13, 2022
    Group Rate             Php 1,299.00 + VAT per pax for 5 – 14 pax
    Super Group Rate   Php 1,099.00 + VAT per pax for 15 or more pax

    Inclusive of the Webinar Session, the presentation materials and the Digital Certificate ******************************************************************* 

    Tax And Accounting Reconciliation

     

    Introduction

    Do you want to clearly understand the Philippine tax and accounting landscape and the mainstream differences that practitioners usually overlook when preparing financial statements and ITR’s? Take advantage of this special learning session.  It will feature Tax Partner of SGV, Mr. Aaron Escartin, CPA, who is well reputed for his ability not just to explain the subject matter clearly but also in simplifying what looks complex and nebulous to the immense satisfaction of the participants.  He placed 6th in the May 1996 CPA Licensure Exam and was recognized as one of the 10 Ernst and Young Chairman Values Champions in 2007. He is currently taking Doctor of Business Administration (DBA) at Aston Business School, Aston University, United Kingdom.

     

    Course Outline

    1. Overview
      1. Tax rules and regulations
      2. Financial accounting standards
    2. Permanent differences
      1. Items reported for tax purposes only
      2. Items reported for financial reporting purposes only
    3. Temporary differences
      1. Deductible temporary differences
      2. Taxable temporary differences
    4. Net operating loss carryover (NOLCO)
      1. Tax Code
      2. Bayanihan Act
    5. Taxable income vs. financial income
      1. Determination of taxable income
      2. Determination of financial income
      3. Reconciliation of financial income and taxable income
    6. Optional standard deduction (OSD)
      1. Determination of taxable income under OSD
      2. Reconciliation of financial income and taxable income
    7. Regular corporate income tax (RCIT) rates
      1. Domestic corporations
      2. Resident foreign corporations
    8. Minimum corporate income tax (MCIT)
      1. Determination of gross income for tax reporting
      2. Determination of gross income for financial reporting
      3. Reconciliation of gross income for financial reporting and gross income for tax reporting
      4. Carryover of excess MCIT over RCIT
    9. Determination of tax still due
      1. RCIT vs MCIT
      2. Excess MCIT over RCIT credits
      3. Other credits

     

    RESOURCE SPEAKER – Mr. Aaron Escartin, CPA

    • Mr. Aaron Escartin, or “Ace” to hs friends, is a Certified Public Accountant
    • He was the 6th placer in the May 1996 CPA Licensure Examination
    • He is a partner in SGV’s Tax Services Practice, focusing on Global Compliance and Reporting (GCR)
    • A country leader in Accounting Compliance & Reporting (ACR) and Payroll Operate Services (POS)
    • Recognized as one of the 10 Ernst & Young Chairman Values Champions in the Far East Area in 2007 and received SGV Special Award in 2006 & 2007
    • More than 20 yrs (12 yrs as Partner) of Public Accounting experience in the Philippines
    • Handles tax due diligence review, tax planning, tax compliance review, business tax compliance, among others.
    • Clients include telecommunications (both wireless & fixed line), broadcasting, consumer products, automotive, business process outsourcing, semiconductors, manufacturing, water & electric utility, trading, hotels, real estate, oil & gas, & various service companies
    • Currently taking Doctor of Business Administration (DBA) at Aston Business School, Aston University, United Kingdom
    • Took up MSc in International Accounting and Finance – Strategic Finance in Practice – with Meritt, University of Liverpool, United Kingdom, July 2020
    • MBA, Silver Medalist, De La Salle University Manila – June, 2001
    • Bachelor of Science in Accountancy, Cum Laude, Univ of the Philippines Visayas, Iloilo City, November 1995
    • Former President of Phil Institute of Certified Public Accountants (PICPA)

     

    In-House Training

    We can conduct in-house training for the above program for your company to make it more customized to your requirements.

    In the same vein, with our battery of seasoned Filipino trainers or speakers, training consultants and facilitators, we can conduct other employee development programs for your people configured to your preferences:

    HUMAN RESOURCE or HR

    • Basic and Advanced HR
    • Recruitment or Talent Selection
    • Onboarding
    • Training or Learning and Development
    • Job Evaluation
    • Employee Compensation and Benefits

    LABOR LAW

    • Labor Law 101
    • Flexible Work Arrangements
    • Company Policy
    • Employee Discipline
    • Administrative Hearing
    • Job Contracting

    TAXATION

    • Basic Taxation
    • All About VAT
    • Withholding Taxes
    • Tax Assessment
    • Percentage Tax
    • Legal Strategies to Reduce Tax
    • Handling B.I.R. Audit
    • Employee Benefits Tax

    ACCOUNTING

    • Basic Accounting and Bookkeeping
    • Understanding Financial Statements
    • Strengthening Your Accounting Systems
    • Internal Control
    • Accounting for Non-Accountants
    • Finance for Non-Financial Professionals

    SUPPLY CHAIN MANAGEMENT

    • Introduction to Materials Management
    • Warehouse Management
    • Inventory Planning and Control
    • Modern Procurement
    • Supply Management

    LEADERSHIP, MANAGEMENT OR SUPERVISION

    • Basic Leadership and Management Excellence
    • Supervisory Leadership Development
    • Developing Your Managerial Leadership
    • How to Bring Out the Best in People

    SALES

    • Awaken the Sales Champion in You
    • Professional Selling
    • ExSELLence
    • How to Handle Objections
    • 39 Ways to Close More Sales

    OTHER PROGRAMS

    • Customer Service
    • Telephone and Email Etiquette
    • Top Techniques to improve Collection
    • Work Attitude and Values Enhancement
    • Mastering Verbal and Non-Verbal Communication

     

    IMPORTANT REMINDERS

    POWERMAX WEBINARS.  As a leading online corporate training provider in Manila, Philippines, Powermax currently offers live webinars which are designed to give you an incisive insight into a plethora of interesting and relevant topics using Zoom technology. It aims to uncork the latest updates, best practices, useful strategies, and tactics, and/or practical tips and techniques not just to widen your horizon but also to equip you with the essential knowledge and skills. Hopefully, this will also encourage you to register for the other webinars of Powermax. Just visit our site –www.powermax.ph to see our other webinars.

    LIMITED SLOTS. Limited slots are available. To avoid last-minute delays and inconveniences, we advise you to please register at the latest two days or one day before the webinar event.

    REGISTRATION. You must register or be registered by someone else to be able to join our webinars.  Webinar access links are strictly sent through email therefore make sure you indicate the right email addresses for the participants. Please indicate how many participants you wish to include before hitting the REGISTER NOW button.

    CHECK OUT. When you go to the Checkout Page, double-check the number of participants you have to register, if you change your mind or wish to make last-minute adjustments, do not forget to update your cart by clicking the UPDATE CART button.  Once everything is final, you may now click the PROCEED TO CHECK OUT button.

    BILLING DETAILS AND THE NAMES OF THE PARTICIPANTS. On the upper portion, you have to enter your details (esp. your email address) as the one paying for the registration. Underneath, you have to enter the details (esp. the email addresses) of the participants you wish to join the webinar.

    PAYMENT

    POWERMAX provides three (3) payment options:
    (1) Bank Deposit/Online Bank Transfer
    (2) G-Cash
    (3) PayPal/Credit or Debit Card Through PayPal 

    Bank Deposit or Online Bank Transfer / G-Cash
    If you choose Bank Deposit/Online Bank Transfer or G-Cash, you have to send the proof of payment to info@powermax.ph.

    IMPORTANT:  Proof of payment must be sent to info@powermax.ph.  Failure to send the proof of payment to info@powermax.ph means the participants will not receive the webinar links even if the proof of payment is sent to other contact details of Powermax or its representatives (e.g., Facebook, Messenger, Viber, other email addresses, etc.).

    Payment Through PayPal
    If you choose to pay for your registration using PayPal you may do so.  Please take note that PayPal also accepts Debit Cards and Credit Cards bearing the VISA and Mastercard logo. Unlike the Bank Deposit/Online Bank Transfer, the PayPal process automatically updates our system to issue the participants their access to our webinars.

    WEBINAR ACCESS LINKS.  Once payment is made and verified, we can activate the spot on the webinar then we can send the webinar access links to the email addresses of the participants – this only goes with Bank Deposit/Online Bank Transfer / G-Cash.  However, for payments made using PayPal, the activation process is automatic. Note that your webinar access link cannot be shared with anyone else.  If you cannot attend on the date and time of the webinar kindly advise us at the latest one day ahead.

     

    POWER WEBINARS. Powermax live webinars are designed to give you an incisive insight into a plethora of interesting and relevant topics using Zoom technology. It aims to uncork the latest updates, best practices, useful strategies, and tactics, and/or practical tips and techniques not just to widen your horizon but also to equip you with the essential knowledge and skills. Hopefully, this will also encourage you to register for the other webinars of Powermax. Just visit our site – www.powermax.ph to see our other webinars.

    A PLEASANT WEBINAR EXPERIENCE

    To ensure a pleasant webinar experience, we recommend to registrants to:

    1. Download and install the Zoom application beforehand
    2. Ensure that there is a proper internet WIFI connection
    3. Use a working webinar streaming device.

     

    TERMS AND CONDITIONS

    1. Definition of Terms
      • REGISTRANT – The person who has registered himself or other people for a webinar of Powermax
      • ENROLLEE(S) – The person(s) registered by the REGISTRANT
      • PAID REGISTRANT – The registrant who has paid in full for the registration of the ENROLLEE(S)
      • ATTENDEE(S) – The enrollee(s) who has / have actually attended the webinar
    2. The Official Receipts will be made available for pick up at the office of Powermax Consulting Group. If you need a soft copy, we can take a picture of it and send you a copy online. However, if you want the physical copy delivered to your office, you can arrange with and pay for a local courier service like Lalamove or Grab Express.
    3. Sharing of the presentation materials depends on the webinar speaker.

    (a) Some speakers willingly share their materials while others don’t
    (b) For the speakers who are willing to share their presentation materials

    • Some prefer that the materials be sent in advance while others prefer that they be sent after the webinar
    • Some prefer that the handouts to be given to the attendees are different from the PowerPoint files that they use and will not share the PPT files

    Powermax cannot guarantee that the presentation materials of each webinar will be shared, or shared in advance, or will be the same as the PPT file of the speaker.

    1. By joining the webinar of Powermax, you consent to interviews, photography, audio recording, video recording and its / their release, publication, exhibition, or reproduction to be used for news, web casts, promotional purposes, telecasts, advertising, inclusion on web sites, or for any other purpose(s) that Powermax, its vendors, partners, affiliates and/or representatives deem fit to use. You release Powermax, its officers and employees, and each and all persons involved from any liability connected with the taking, recording, digitizing, or publication of interviews, photographs, computer images, video and/or or sound recordings.
    2. By entering the event premises (conference venue or Zoom meeting platform), you waive all rights to any claims for payment or royalties in connection with any exhibition, streaming, webcasting, televising, or other publication of these materials, regardless of the purpose or sponsoring of such exhibiting, broadcasting, webcasting, or other publication irrespective of whether a fee for admission or sponsorship is charged. You also waive any right to inspect or approve any photo, video, or audio recording taken.
    3. Any form of recording and sharing of the video, image or audio of the webinar is strictly prohibited unless with the express permission of the speaker and the management of Powermax Consulting Group.
    4. Your registration fee entitles your enrollee(s) to a slot in a webinar you have paid for but no record of the video of the webinar will be shared.
    5. If an enrollee fails to join the webinar because Powermax fails to give the webinar link, the payment of his / her REGISTRANT will be refunded in full or if the REGISTRANT prefers, the payment will be rolled over to other webinars of his / her choice.
    6. If an enrollee advises Powermax five (5) days before the scheduled date of the webinar that he / she cannot attend it, the payment for that slot will be rolled over to another webinar. But if he / she avails of the presentation materials of that webinar (assuming the speaker has shared the materials), the payment cannot be rolled over to another webinar.
    7. If an enrollee fails to attend a webinar and also fails to advise Powermax five (5) days before the scheduled date of the webinar, the presentation materials of that webinar (assuming the speaker has shared the materials) will be given to him / her but there will be no option for rollover.
    8. If an enrollee fails to attend a webinar because of a technical glitch on his / her device but other enrollees manage to join the said webinar, there will be no liability on the part of Powermax unless it can be established that there is a clear fault by a representative of Powermax.
    9. Certificates will be given to the ATTENDEES only.
    10. Questions or clarifications about the subject matter of a webinar can only be entertained by the speakers during the holding of the webinar. After the webinar, the speaker cannot be obliged to answer them through email, Facebook chat or some other means.
    11. Unless asked by the speaker or the host to talk, the attendees should not unmute their microphone to avoid distracting the session. Anyone who persists in unmuting his / her audio, despite the reminder or warning, will be removed from the webinar session.
    12. During the webinar, the ATTENDEES are not allowed to advertise any business competitive with the business of Powermax (seminars / webinars / events) or its sister company AGFI or Advertising and Gaming Fabrication, Inc. (signages, kiosks, podiums, gaming modules like tambiolo, roleta, pachinko; sticker and tarpaulin printing; and laser cutting)
    13. We want everyone to enjoy the webinar. However, we reserve the right to remove participants who are unruly or disruptive (e.g., repeatedly making noise, spamming the chat, recording the webinar, etc.) and no refund will be made.

     

    Thank you and enjoy!

    Keep safe and God Bless!

    Add to cartDone
  • Tax And Accounting Reconciliation

    Tax And Accounting Reconciliation

    ₱1,699.00 + VAT

    Featured Speaker:  Mr. Jekell Salosagcol
    CPA Reviewer and PFRS Trainer

    October 24, 2023
    2:00pm –  5:00pm
    ****************************************************************************************
    Regular Rate           Php 1,699.00 + VAT starting October 18, 2023
    Early Bird Rate        Php 1,399.00 + VAT until October 17, 2023
    Group Rate             Php 1,299.00 + VAT per pax for 5 – 14 pax
    Super Group Rate   Php 1,099.00 + VAT per pax for 15 or more pax

    Inclusive of the Webinar Session, the Presentation Materials and the Digital Certificate
    ****************************************************************************************

    Tax and Accounting Reconciliation

    Introduction

    This is one of the best online learning sessions you can join if you want to clearly understand the Philippine tax and accounting landscape and their mainstream differences that practitioners usually overlook when preparing financial statements and ITR’s.

    It will feature seasoned CPA Reviewer and PFRS Trainer, Mr. Jekell Salosagcol, who is well reputed for his ability not just to explain the subject matter clearly but also in simplifying what looks complex and nebulous to the immense satisfaction of the participants. And just for good measure, you will appreciate his sense of humor. Definitely not the typical dry and boring discussion. You will not regret joining this webinar.

    Course Outline

    1. OVERVIEW OF PHILIPPINE INCOME TAX

    • Income tax
    • Business tax
    • Withholding tax


    2. OVERVIEW OF FINANCIAL ACCOUNTING

    • PFRS
    • PFRS for SME


    3. DIFFERENCES BETWEEN ACCOUNTING AND TAXATION

    • Borrowing costs
    • Foreign exchange gains and losses
    • Investment properties
    • Depreciation and amortization
    • Impairment losses
    • Unrealized gains and losses
    • Retirement benefit expense
    • Revenue from sale of real estate
    • Leases
    • Biological assets
    • Research and development costs
    • Organizational costs
    • Fines and penalties
    • Accounting changes and correction of errors


    4. THE CONCEPT OF DEFERRED TAX ACCOUNTING

    • Importance
    • Components of income tax expense
    • Temporary differences
    • Excess MCIT
    • Net operating loss carryover


    5. ACCOUNTING FOR BUSINESS TAXES

    • VAT
    • Other percentage taxes

    RESOURCE SPEAKER – Mr. Jekell Salosagcol

    • 2002 to Date CPA Reviewer: Auditing Theory and Practice -CRC -ACE -CPA Review School
    • 2006 to Date Resource Speaker: PICPA CPE Seminar son Accounting and Auditing Standards
    • 1999 to 2002 CPA Reviewer: Auditing Theory and Practice CPA Review School of the Phils.
    • 1996 to 1999 Lecturer: De La Salle University; St. Scholastica’s College; and Colegio de San Juan de Letran.

    PFRS Trainer

    • Manila Electric Company Accenture Philippines
    • Commission on Audit Dole Philippines
    • Bureau of Treasury Philippines Association of Local Government Accountants
    • Bureau of Internal Revenue National Institute of Accounting Technician

    Audit and Consultancy

    • 2012 Consultant: Independent Oil Price Review Committee- Department of Energy
    • 2011 to date: Audit and PFRS Consultant- Government Service Insurance System
    • 2010 to date: Technical and Training Consultant- Reyes Tacandong & Company
    • 2008 to date: Consultant: ORT Consulting Group LLC- Chicago II. USA
    • 2008 to 2010: Vice-President for US Operations: Theorem Global Business Outsourcing Inc.
    • 1995 to 1996: Auditor- Sycip, Gorres, Velayo & Company

    Education

    • 2nd Placer Philippine CPA Licensure Examination- May 1995
    • BS Accountancy- Technological Institute of the Philippines- 1990 to 1994

    Publication

    • 2002 – “Basic Auditing Theory and Concepts”
    • 2005 – “A Guide in Understanding the Philippine Standards on Auditing

    In-House Training

    We can conduct in-house training for the above program, Tax and Accounting Reconciliation, for your company to make it more customized to your requirements. Likewise, we can run other programs on Taxation and Accounting.

    In the same vein, with our battery of seasoned Filipino trainers or speakers, training consultants and facilitators, we can conduct other employee development programs for your people configured to your preferences:

    HUMAN RESOURCE or HR

    • Basic and Advanced HR
    • Recruitment or Talent Selection
    • Onboarding
    • Training or Learning and Development
    • Job Evaluation
    • Employee Compensation and Benefits

    LABOR LAW

    • Labor Law 101
    • Flexible Work Arrangements
    • Company Policy
    • Employee Discipline
    • Administrative Hearing
    • Job Contracting

    TAXATION

    • Basic Taxation
    • All About VAT
    • Withholding Taxes
    • Tax Assessment
    • Percentage Tax
    • Legal Strategies to Reduce Tax
    • Handling B.I.R. Audit
    • Employee Benefits Tax

    ACCOUNTING

    • Basic Accounting and Bookkeeping
    • Understanding Financial Statements
    • Strengthening Your Accounting Systems
    • Internal Control
    • Accounting for Non-Accountants
    • Finance for Non-Financial Professionals

    SUPPLY CHAIN MANAGEMENT

    • Introduction to Materials Management
    • Warehouse Management
    • Inventory Planning and Control
    • Modern Procurement
    • Supply Management

    LEADERSHIP, MANAGEMENT OR SUPERVISION

    • Basic Leadership and Management Excellence
    • Supervisory Leadership Development
    • Developing Your Managerial Leadership
    • How to Bring Out the Best in People

    SALES

    • Awaken the Sales Champion in You
    • Professional Selling
    • ExSELLence
    • How to Handle Objections
    • 39 Ways to Close More Sales

    OTHER PROGRAMS

    • Customer Service
    • Telephone and Email Etiquette
    • Top Techniques to improve Collection
    • Work Attitude and Values Enhancement

    IMPORTANT REMINDERS

    POWERMAX WEBINARS.  As a leading online corporate training provider in Manila, Philippines, Powermax currently offers live webinars which are designed to give you an incisive insight into a plethora of interesting and relevant topics using Zoom technology. It aims to uncork the latest updates, best practices, useful strategies, and tactics, and/or practical tips and techniques not just to widen your horizon but also to equip you with the essential knowledge and skills. Hopefully, this will also encourage you to register for the other webinars of Powermax. Just visit our site –www.powermax.ph to see our other webinars.

    LIMITED SLOTS. Limited slots are available. To avoid last-minute delays and inconveniences, we advise you to please register at the latest two days or one day before the webinar event.

    REGISTRATION. You must register or be registered by someone else to be able to join our webinars.  Webinar access links are strictly sent through email therefore make sure you indicate the right email addresses for the participants. Please indicate how many participants you wish to include before hitting the REGISTER NOW button.

    CHECK OUT. When you go to the Checkout Page, double-check the number of participants you have to register, if you change your mind or wish to make last-minute adjustments, do not forget to update your cart by clicking the UPDATE CART button.  Once everything is final, you may now click the PROCEED TO CHECK OUT button.

    BILLING DETAILS AND THE NAMES OF THE PARTICIPANTS. On the upper portion, you have to enter your details (esp. your email address) as the one paying for the registration. Underneath, you have to enter the details (esp. the email addresses) of the participants you wish to join the webinar.

    PAYMENT

    POWERMAX provides three (3) payment options:
    (1) Bank Deposit/Online Bank Transfer
    (2) G-Cash
    (3) PayPal/Credit or Debit Card Through PayPal 

    Bank Deposit or Online Bank Transfer / G-Cash
    If you choose Bank Deposit/Online Bank Transfer or G-Cash, you have to send the proof of payment to info@powermax.ph.

    IMPORTANT:  Proof of payment must be sent to info@powermax.ph.  Failure to send the proof of payment to info@powermax.ph means the participants will not receive the webinar links even if the proof of payment is sent to other contact details of Powermax or its representatives (e.g., Facebook, Messenger, Viber, other email addresses, etc.).

    Payment Through PayPal
    If you choose to pay for your registration using PayPal you may do so.  Please take note that PayPal also accepts Debit Cards and Credit Cards bearing the VISA and Mastercard logo. Unlike the Bank Deposit/Online Bank Transfer, the PayPal process automatically updates our system to issue the participants their access to our webinars.

    WEBINAR ACCESS LINKS.  Once payment is made and verified, we can activate the spot on the webinar then we can send the webinar access links to the email addresses of the participants – this only goes with Bank Deposit/Online Bank Transfer / G-Cash.  However, for payments made using PayPal, the activation process is automatic. Note that your webinar access link cannot be shared with anyone else.  If you cannot attend on the date and time of the webinar kindly advise us at the latest one day ahead.

    POWER WEBINARS. Powermax live webinars are designed to give you an incisive insight into a plethora of interesting and relevant topics using Zoom technology. It aims to uncork the latest updates, best practices, useful strategies, and tactics, and/or practical tips and techniques not just to widen your horizon but also to equip you with the essential knowledge and skills. Hopefully, this will also encourage you to register for the other webinars of Powermax. Just visit our site – www.powermax.ph to see our other webinars.

    A PLEASANT WEBINAR EXPERIENCE

    To ensure a pleasant webinar experience, we recommend to registrants to:

    1. Download and install the Zoom application beforehand
    2. Ensure that there is a proper internet WIFI connection
    3. Use a working webinar streaming device.

    TERMS AND CONDITIONS

    1. Definition of Terms
      • REGISTRANT – The person who has registered himself or other people for a webinar of Powermax
      • ENROLLEE(S) – The person(s) registered by the REGISTRANT
      • PAID REGISTRANT – The registrant who has paid in full for the registration of the ENROLLEE(S)
      • ATTENDEE(S) – The enrollee(s) who has/have actually attended the webinar
    2. The Official Receipts will be made available for pick up at the office of

    Powermax Consulting Group. If you need a soft copy, we can take a picture of it and send you a copy online. However, if you want the physical copy delivered to your office, you can arrange with and pay for a local courier service like Lalamove or Grab Express.

    1. Sharing of the presentation materials depends on the webinar speaker.

    (a) Some speakers willingly share their materials while others don’t.
    (b) For the speakers who are willing to share their presentation materials

    • Some prefer that the materials be sent in advance while others prefer that they be sent after the webinar
    • Some prefer that the handouts to be given to the attendees are different from the PowerPoint files that they use and will not share the PPT files

    Powermax cannot guarantee that the presentation materials of each webinar will be shared, or shared in advance, or will be the same as the PPT file of the speaker.

    1. By joining the webinar of Powermax, you consent to interviews, photography, audio recording, video recording and its / their release, publication, exhibition, or reproduction to be used for news, web casts, promotional purposes, telecasts, advertising, inclusion on web sites, or for any other purpose(s) that Powermax, its vendors, partners, affiliates and/or representatives deems fit to use. You release Powermax, its officers and employees, and each and all persons involved from any liability connected with the taking, recording, digitizing, or publication of interviews, photographs, computer images, video and/or or sound recordings.Any form of video, image or audio recording during the webinar is not allowed unless with the express permission of the speaker and the management of Powermax Consulting Group.
    2. By entering the event premises (conference venue or Zoom meeting platform), you waive all rights to any claims for payment or royalties in connection with any exhibition, streaming, webcasting, televising, or other publication of these materials, regardless of the purpose or sponsoring of such exhibiting, broadcasting, webcasting, or other publication irrespective of whether a fee for admission or sponsorship is charged. You also waive any right to inspect or approve any photo, video, or audio recording taken.
    3. Any form of video, image or audio recording during the webinar is not allowed unless with the express permission of the speaker and the management of Powermax Consulting Group.
    4. Your registration fee entitles your enrollee(s) to a slot in a webinar you have paid for but no record of the video of the webinar will be shared.
    5. If an enrollee fails to join the webinar because Powermax fails to give the webinar link, the payment of his / her REGISTRANT will be refunded in full or if the REGISTRANT prefers, the payment will be rolled over to other webinars of his / her choice.
    6. If an enrollee advises Powermax five (5) days before the scheduled date of the webinar that he / she cannot attend it, the payment for that slot will be rolled over to another webinar. But if he / she avails of the presentation materials of that webinar (assuming the speaker has shared the materials), the payment cannot be rolled over to another webinar.
    7. If an enrollee fails to attend a webinar and also fails to advise Powermax five (5) days before the scheduled date of the webinar, the presentation materials of that webinar (assuming the speaker has shared the materials) will be given to him / her but there will be no option for rollover.
    8. If an enrollee fails to attend a webinar because of a technical glitch on his / her device but other enrollees manage to join the said webinar, there will be no liability on the part of Powermax unless it can be established that there is a clear fault by a representative of Powermax.
    9. Certificates will be given to the ATTENDEES only.
    10. Questions or clarifications about the subject matter of a webinar can only be entertained by the speakers during the holding of the webinar. After the webinar, the speaker cannot be obliged to answer them though email, Facebook chat or some other means.
    11. Unless asked by the speaker or the host to talk, the attendees should not unmute their microphone to avoid distracting the session. Anyone who persists in unmuting his / her audio, despite the reminder or warning, will be removed from the webinar session.
    12. During the webinar, the ATTENDEES are not allowed to advertise any business competitive with the business of Powermax (seminars / webinars / events) or its sister company AGFI or Advertising and Gaming Fabrication, Inc. (signages, kiosks, podiums, gaming modules like tambiolo, roleta, pachinko; sticker and tarpaulin printing; and laser cutting)
    13. We want everyone to enjoy the webinar. However, we reserve the right to remove participants who are unruly or disruptive (e.g., keeps making noise, spamming the chat, etc.) and no refund will be made.

    Thank you and enjoy!

    Keep safe and God Bless!

    Add to cartDone
  • Tax and accounting reconciliation

    Tax and accounting reconciliation

    ₱1,699.00 + VAT

    Featured Speaker:  Mr. Jekell Salosagcol
    CPA Reviewer and PFRS Trainer

    March 15, 2024
    2:00 PM –  5:00 PM
    *******************************************************************
    Regular Rate           Php 1,699.00 + VAT starting March 9, 2024
    Early Bird Rate        Php 1,399.00 + VAT until March 8, 2024
    Group Rate             Php 1,299.00 + VAT per pax for 5 – 14 pax
    Super Group Rate  Php 1,099.00 + VAT per pax for 15 or more pax
    Birthday Month Promo- One (1) Free Seat  Register within Your Birthday Month with at Least 2 Paid Pax @ Php1,699.00+VAT per pax . Must Present proof of date of birth
    Join Now Pay Later Promo Pay After 30 Days from the date of the Masterclass @ Php1,899.00+ VAT per pax
    Inclusive of the Masterclass Session, the Presentation Materials and the Digital Certificate

    *******************************************************************

    Tax and Accounting Reconciliation

     

    Introduction

    This is one of the best online learning sessions you can join if you want to clearly understand the Philippine tax and accounting landscape and their mainstream differences that practitioners usually overlook when preparing financial statements and ITR’s.

    It will feature seasoned CPA Reviewer and PFRS Trainer, Mr. Jekell Salosagcol, who is well reputed for his ability not just to explain the subject matter clearly but also in simplifying what looks complex and nebulous to the immense satisfaction of the participants. And just for good measure, you will appreciate his sense of humor. Definitely not the typical dry and boring discussion. You will not regret joining this webinar.

    Course Outline

    1. OVERVIEW OF PHILIPPINE INCOME TAX

    • Income tax
    • Business tax
    • Withholding tax


    2. OVERVIEW OF FINANCIAL ACCOUNTING

    • PFRS
    • PFRS for SME


    3. DIFFERENCES BETWEEN ACCOUNTING AND TAXATION

    • Borrowing costs
    • Foreign exchange gains and losses
    • Investment properties
    • Depreciation and amortization
    • Impairment losses
    • Unrealized gains and losses
    • Retirement benefit expense
    • Revenue from sale of real estate
    • Leases
    • Biological assets
    • Research and development costs
    • Organizational costs
    • Fines and penalties
    • Accounting changes and correction of errors


    4. THE CONCEPT OF DEFERRED TAX ACCOUNTING

    • Importance
    • Components of income tax expense
    • Temporary differences
    • Excess MCIT
    • Net operating loss carryover


    5. ACCOUNTING FOR BUSINESS TAXES

    • VAT
    • Other percentage taxes

    RESOURCE SPEAKER – Mr. Jekell Salosagcol

    • 2002 to Date CPA Reviewer: Auditing Theory and Practice -CRC -ACE -CPA Review School
    • 2006 to Date Resource Speaker: PICPA CPE Seminar son Accounting and Auditing Standards
    • 1999 to 2002 CPA Reviewer: Auditing Theory and Practice CPA Review School of the Phils.
    • 1996 to 1999 Lecturer: De La Salle University; St. Scholastica’s College; and Colegio de San Juan de Letran.

    PFRS Trainer

    • Manila Electric Company Accenture Philippines
    • Commission on Audit Dole Philippines
    • Bureau of Treasury Philippines Association of Local Government Accountants
    • Bureau of Internal Revenue National Institute of Accounting Technician

    Audit and Consultancy

    • 2012 Consultant: Independent Oil Price Review Committee- Department of Energy
    • 2011 to date: Audit and PFRS Consultant- Government Service Insurance System
    • 2010 to date: Technical and Training Consultant- Reyes Tacandong & Company
    • 2008 to date: Consultant: ORT Consulting Group LLC- Chicago II. USA
    • 2008 to 2010: Vice-President for US Operations: Theorem Global Business Outsourcing Inc.
    • 1995 to 1996: Auditor- Sycip, Gorres, Velayo & Company

    Education

    • 2nd Placer Philippine CPA Licensure Examination- May 1995
    • BS Accountancy- Technological Institute of the Philippines- 1990 to 1994

    Publication

    • 2002 – “Basic Auditing Theory and Concepts”
    • 2005 – “A Guide in Understanding the Philippine Standards on Auditing

    In-House Training

    We can conduct in-house training for the above program, ITR Preparations, Disclosures and Other Important Considerations, for your company to make it more customized to your requirements. Likewise, we can run other programs on Taxation.

    In the same vein, with our battery of seasoned Filipino trainers or speakers, training consultants and facilitators, we can conduct other employee development programs for your people configured to your preferences:

    HUMAN RESOURCE or HR

    • Basic and Advanced HR
    • Recruitment or Talent Selection
    • Onboarding
    • Training or Learning and Development
    • Job Evaluation
    • Employee Compensation and Benefits

    LABOR LAW

    • Labor Law 101
    • Flexible Work Arrangements
    • Company Policy
    • Employee Discipline
    • Administrative Hearing
    • Job Contracting

    TAXATION

    • Basic Taxation
    • All About VAT
    • Withholding Taxes
    • Tax Assessment
    • Percentage Tax
    • Legal Strategies to Reduce Tax
    • Handling B.I.R. Audit
    • Employee Benefits Tax

    ACCOUNTING

    • Basic Accounting and Bookkeeping
    • Understanding Financial Statements
    • Strengthening Your Accounting Systems
    • Internal Control
    • Accounting for Non-Accountants
    • Finance for Non-Financial Professionals

    SUPPLY CHAIN MANAGEMENT

    • Introduction to Materials Management
    • Warehouse Management
    • Inventory Planning and Control
    • Modern Procurement
    • Supply Management

    LEADERSHIP, MANAGEMENT OR SUPERVISION

    • Basic Leadership and Management Excellence
    • Supervisory Leadership Development
    • Developing Your Managerial Leadership
    • How to Bring Out the Best in People

    SALES

    • Awaken the Sales Champion in You
    • Professional Selling
    • ExSELLence
    • How to Handle Objections
    • 39 Ways to Close More Sales

    OTHER PROGRAMS

    • Customer Service
    • Telephone and Email Etiquette
    • Top Techniques to improve Collection
    • Work Attitude and Values Enhancement

    IMPORTANT REMINDERS

    POWERMAX MASTERCLASS.  As a leading online corporate training provider in Manila, Philippines, Powermax currently offers live webinars which are designed to give you an incisive insight into a plethora of interesting and relevant topics using Zoom technology. It aims to uncork the latest updates, best practices, useful strategies, and tactics, and/or practical tips and techniques not just to widen your horizon but also to equip you with the essential knowledge and skills. Hopefully, this will also encourage you to register for the other webinars of Powermax. Just visit our site –www.powermax.ph to see our other webinars.

    LIMITED SLOTS. Limited slots are available. To avoid last-minute delays and inconveniences, we advise you to please register at the latest two days or one day before the webinar event.

    REGISTRATION. You must register or be registered by someone else to be able to join our webinars.  Webinar access links are strictly sent through email therefore make sure you indicate the right email addresses for the participants. Please indicate how many participants you wish to include before hitting the REGISTER NOW button.

    CHECK OUT. When you go to the Checkout Page, double-check the number of participants you have to register, if you change your mind or wish to make last-minute adjustments, do not forget to update your cart by clicking the UPDATE CART button.  Once everything is final, you may now click the PROCEED TO CHECK OUT button.

    BILLING DETAILS AND THE NAMES OF THE PARTICIPANTS. On the upper portion, you have to enter your details (esp. your email address) as the one paying for the registration. Underneath, you have to enter the details (esp. the email addresses) of the participants you wish to join the webinar.


    PAYMENT

    POWERMAX provides three (3) payment options:
    (1) Bank Deposit/Online Bank Transfer
    (2) G-Cash
    (3) PayPal/Credit or Debit Card Through PayPal

    Bank Deposit or Online Bank Transfer / G-Cash
    If you choose Bank Deposit/Online Bank Transfer or G-Cash, you have to send the proof of payment to info@powermax.ph.

    IMPORTANT:  Proof of payment must be sent to info@powermax.ph.  Failure to send the proof of payment to info@powermax.ph means the participants will not receive the webinar links even if the proof of payment is sent to other contact details of Powermax or its representatives (e.g., Facebook, Messenger, Viber, other email addresses, etc.).

    Payment Through PayPal
    If you choose to pay for your registration using PayPal you may do so.  Please take note that PayPal also accepts Debit Cards and Credit Cards bearing the VISA and Mastercard logo. Unlike the Bank Deposit/Online Bank Transfer, the PayPal process automatically updates our system to issue the participants their access to our webinars.

    MASTERCLASS ACCESS LINKS.  Once payment is made and verified, we can activate the spot on the webinar then we can send the webinar access links to the email addresses of the participants – this only goes with Bank Deposit/Online Bank Transfer / G-Cash.  However, for payments made using PayPal, the activation process is automatic. Note that your webinar access link cannot be shared with anyone else.  If you cannot attend on the date and time of the webinar kindly advise us at the latest one day ahead.

    POWERMAX MASTERCLASS.  As a leading corporate training provider, Powermax currently offers live webinars which are designed to give you an incisive insight into a plethora of interesting and relevant topics using Zoom technology. It aims to uncork the latest updates, best practices, useful strategies, and tactics, and/or practical tips and techniques not just to widen your horizon but also to equip you with the essential knowledge and skills. Hopefully, this will also encourage you to register for the other webinars of Powermax. Just visit our site –www.powermax.ph to see our other webinars.

    A PLEASANT MASTERCLASS EXPERIENCE

    To ensure a pleasant webinar experience, we recommend to registrants to:

    1. Download and install the Zoom application beforehand
    2. Ensure that there is a proper internet WIFI connection
    3. Use a working webinar streaming device.

    TERMS AND CONDITIONS

    1. Definition of Terms
      • REGISTRANT – The person who has registered himself or other people for a webinar of Powermax
      • ENROLLEE(S) – The person(s) registered by the REGISTRANT
      • PAID REGISTRANT – The registrant who has paid in full for the registration of the ENROLLEE(S)
      • ATTENDEE(S) – The enrollee(s) who has / have actually attended the webinar
    2. The Official Receipts will be made available for pick up at the office of

    Powermax Consulting Group. If you need a soft copy, we can take a picture of it and send you a copy online. However, if you want the physical copy delivered to your office, you can arrange with and pay for a local courier service like Lalamove or Grab Express.

    1. Sharing of the presentation materials depends on the webinar speaker.

    (a) Some speakers willingly share their materials while others don’t.
    (b) For the speakers who are willing to share their presentation materials

    • Some prefer that the materials be sent in advance while others prefer that they be sent after the webinar
    • Some prefer that the handouts to be given to the attendees are different from the PowerPoint files that they use and will not share the PPT files

    Powermax cannot guarantee that the presentation materials of each webinar will be shared, or shared in advance, or will be the same as the PPT file of the speaker.

    1. By joining the webinar of Powermax, you consent to interviews, photography, chat recording, audio recording, video recording and its / their release, publication, exhibition, or reproduction to be used for news, web casts, testimonials or promotional purposes, telecasts, advertising, inclusion on web sites, or for any other purpose(s) that Powermax, its vendors, partners, affiliates and/or representatives deems fit to use. You release Powermax, its officers and employees, and each and all persons involved from any liability connected with the taking, recording, digitizing, or publication of interviews, photographs, computer images, video and/or or sound recordings.
    2. Attendees are not allowed to do any form of video, image or audio recording during the webinar unless with the express permission of the speaker and the management of Powermax Consulting Group.
    3. By entering the event premises (conference venue or Zoom meeting platform), you waive all rights to any claims for payment or royalties in connection with any exhibition, streaming, webcasting, televising, or other publication of these materials, regardless of the purpose or sponsoring of such exhibiting, broadcasting, webcasting, or other publication irrespective of whether a fee for admission or sponsorship is charged. You also waive any right to inspect or approve any photo, video, or audio recording taken.
    4. Your registration fee entitles your enrollee(s) to a slot in a webinar you have paid for but no record of the video of the webinar will be shared.
    5. If an enrollee fails to join the webinar because Powermax fails to give the webinar link, the payment of his / her REGISTRANT will be refunded in full or if the REGISTRANT prefers, the payment will be rolled over to other webinars of his / her choice.
    6. If an enrollee advises Powermax five (5) days before the scheduled date of the webinar that he / she cannot attend it, the payment for that slot will be rolled over to another webinar. But if he / she avails of the presentation materials of that webinar (assuming the speaker has shared the materials), the payment cannot be rolled over to another webinar.
    7. If an enrollee fails to attend a webinar and also fails to advise Powermax five (5) days before the scheduled date of the webinar, the presentation materials of that webinar (assuming the speaker has shared the materials) will be given to him / her but there will be no option for rollover.
    8. If an enrollee fails to attend a webinar because of a technical glitch on his / her device but other enrollees manage to join the said webinar, there will be no liability on the part of Powermax unless it can be established that there is a clear fault by a representative of Powermax.
    9. Certificates will be given to the ATTENDEES only.
    10. Questions or clarifications about the subject matter of a webinar can only be entertained by the speakers during the holding of the webinar. After the webinar, the speaker cannot be obliged to answer them though email, Facebook chat or some other means.
    11. Unless asked by the speaker or the host to talk, the attendees should not unmute their microphone to avoid distracting the session. Anyone who persists in unmuting his / her audio, despite the reminder or warning, will be removed from the webinar session.
    12. During the webinar, the ATTENDEES are not allowed to advertise any business competitive with the business of Powermax (seminars / webinars / events) or its sister company AGFI or Advertising and Gaming Fabrication, Inc. (signages, kiosks, podiums, gaming modules like tambiolo, roleta, pachinko; sticker and tarpaulin printing; and laser cutting)
    13. We want everyone to enjoy the webinar. However, we reserve the right to remove participants whose company or business competes with the business of Powermax or who are unruly or disruptive (e.g., keeps making noise, spamming the chat, etc.) and no refund will be made.

    Thank you and enjoy!

    Keep safe and God Bless!

    Add to cartDone
  • TAX AND ACCOUNTING RECONCILIATION

    TAX AND ACCOUNTING RECONCILIATION

    ₱1,699.00 + VAT

    Featured Speaker:  Mr. Jekell Salosagcol

    CPA Reviewer and PFRS Trainer

    July 05, 2023
    2:00 PM –  5:00 PM
    *******************************************************************
    Regular Rate           Php 1,699.00 + VAT starting June 29, 2023
    Early Bird Rate        Php 1,399.00 + VAT until June 28, 2023
    Group Rate             Php 1,299.00 + VAT per pax for 5 – 14 pax
    Super Group Rate   Php 1,099.00 + VAT per pax for 15 or more pax

    Inclusive of the Webinar Session and the Digital Certificate
    *******************************************************************

    Tax and Accounting Reconciliation

    Introduction

    This is one of the best online learning sessions you can join if you want to clearly understand the Philippine tax and accounting landscape and their mainstream differences that practitioners usually overlook when preparing financial statements and ITR’s.

    It will feature seasoned CPA Reviewer and PFRS Trainer, Mr. Jekell Salosagcol, who is well reputed for his ability not just to explain the subject matter clearly but also in simplifying what looks complex and nebulous to the immense satisfaction of the participants. And just for good measure, you will appreciate his sense of humor. Definitely not the typical dry and boring discussion. You will not regret joining this webinar.

    Course Outline

    1. OVERVIEW OF PHILIPPINE INCOME TAX

    • Income tax
    • Business tax
    • Withholding tax


    2. OVERVIEW OF FINANCIAL ACCOUNTING

    • PFRS
    • PFRS for SME


    3. DIFFERENCES BETWEEN ACCOUNTING AND TAXATION

    • Borrowing costs
    • Foreign exchange gains and losses
    • Investment properties
    • Depreciation and amortization
    • Impairment losses
    • Unrealized gains and losses
    • Retirement benefit expense
    • Revenue from sale of real estate
    • Leases
    • Biological assets
    • Research and development costs
    • Organizational costs
    • Fines and penalties
    • Accounting changes and correction of errors


    4. THE CONCEPT OF DEFERRED TAX ACCOUNTING

    • Importance
    • Components of income tax expense
    • Temporary differences
    • Excess MCIT
    • Net operating loss carryover


    5. ACCOUNTING FOR BUSINESS TAXES

    • VAT
    • Other percentage taxes

    RESOURCE SPEAKER – Mr. Jekell Salosagcol

    • 2002 to Date CPA Reviewer: Auditing Theory and Practice -CRC -ACE -CPA Review School
    • 2006 to Date Resource Speaker: PICPA CPE Seminar son Accounting and Auditing Standards
    • 1999 to 2002 CPA Reviewer: Auditing Theory and Practice CPA Review School of the Phils.
    • 1996 to 1999 Lecturer: De La Salle University; St. Scholastica’s College; and Colegio de San Juan de Letran.

    PFRS Trainer

    • Manila Electric Company Accenture Philippines
    • Commission on Audit Dole Philippines
    • Bureau of Treasury Philippines Association of Local Government Accountants
    • Bureau of Internal Revenue National Institute of Accounting Technician

    Audit and Consultancy

    • 2012 Consultant: Independent Oil Price Review Committee- Department of Energy
    • 2011 to date: Audit and PFRS Consultant- Government Service Insurance System
    • 2010 to date: Technical and Training Consultant- Reyes Tacandong & Company
    • 2008 to date: Consultant: ORT Consulting Group LLC- Chicago II. USA
    • 2008 to 2010: Vice-President for US Operations: Theorem Global Business Outsourcing Inc.
    • 1995 to 1996: Auditor- Sycip, Gorres, Velayo & Company

    Education

    • 2nd Placer Philippine CPA Licensure Examination- May 1995
    • BS Accountancy- Technological Institute of the Philippines- 1990 to 1994

    Publication

    • 2002 – “Basic Auditing Theory and Concepts”
    • 2005 – “A Guide in Understanding the Philippine Standards on Auditing

    In-House Training

    We can conduct in-house training for the above program, Tax and Accounting Reconciliation, for your company to make it more customized to your requirements. Likewise, we can run other programs on Taxation and Accounting.

    In the same vein, with our battery of seasoned Filipino trainers or speakers, training consultants and facilitators, we can conduct other employee development programs for your people configured to your preferences:

    HUMAN RESOURCE or HR

    • Basic and Advanced HR
    • Recruitment or Talent Selection
    • Onboarding
    • Training or Learning and Development
    • Job Evaluation
    • Employee Compensation and Benefits

    LABOR LAW

    • Labor Law 101
    • Flexible Work Arrangements
    • Company Policy
    • Employee Discipline
    • Administrative Hearing
    • Job Contracting

    TAXATION

    • Basic Taxation
    • All About VAT
    • Withholding Taxes
    • Tax Assessment
    • Percentage Tax
    • Legal Strategies to Reduce Tax
    • Handling B.I.R. Audit
    • Employee Benefits Tax

    ACCOUNTING

    • Basic Accounting and Bookkeeping
    • Understanding Financial Statements
    • Strengthening Your Accounting Systems
    • Internal Control
    • Accounting for Non-Accountants
    • Finance for Non-Financial Professionals

    SUPPLY CHAIN MANAGEMENT

    • Introduction to Materials Management
    • Warehouse Management
    • Inventory Planning and Control
    • Modern Procurement
    • Supply Management

    LEADERSHIP, MANAGEMENT OR SUPERVISION

    • Basic Leadership and Management Excellence
    • Supervisory Leadership Development
    • Developing Your Managerial Leadership
    • How to Bring Out the Best in People

    SALES

    • Awaken the Sales Champion in You
    • Professional Selling
    • ExSELLence
    • How to Handle Objections
    • 39 Ways to Close More Sales

    OTHER PROGRAMS

    • Customer Service
    • Telephone and Email Etiquette
    • Top Techniques to improve Collection
    • Work Attitude and Values Enhancement

    IMPORTANT REMINDERS

    POWERMAX WEBINARS.  As a leading online corporate training provider in Manila, Philippines, Powermax currently offers live webinars which are designed to give you an incisive insight into a plethora of interesting and relevant topics using Zoom technology. It aims to uncork the latest updates, best practices, useful strategies, and tactics, and/or practical tips and techniques not just to widen your horizon but also to equip you with the essential knowledge and skills. Hopefully, this will also encourage you to register for the other webinars of Powermax. Just visit our site –www.powermax.ph to see our other webinars.

    LIMITED SLOTS. Limited slots are available. To avoid last-minute delays and inconveniences, we advise you to please register at the latest two days or one day before the webinar event.

    REGISTRATION. You must register or be registered by someone else to be able to join our webinars.  Webinar access links are strictly sent through email therefore make sure you indicate the right email addresses for the participants. Please indicate how many participants you wish to include before hitting the REGISTER NOW button.

    CHECK OUT. When you go to the Checkout Page, double-check the number of participants you have to register, if you change your mind or wish to make last-minute adjustments, do not forget to update your cart by clicking the UPDATE CART button.  Once everything is final, you may now click the PROCEED TO CHECK OUT button.

    BILLING DETAILS AND THE NAMES OF THE PARTICIPANTS. On the upper portion, you have to enter your details (esp. your email address) as the one paying for the registration. Underneath, you have to enter the details (esp. the email addresses) of the participants you wish to join the webinar.

    PAYMENT

    POWERMAX provides three (3) payment options:
    (1) Bank Deposit/Online Bank Transfer
    (2) G-Cash
    (3) PayPal/Credit or Debit Card Through PayPal 

    Bank Deposit or Online Bank Transfer / G-Cash
    If you choose Bank Deposit/Online Bank Transfer or G-Cash, you have to send the proof of payment to info@powermax.ph.

    IMPORTANT:  Proof of payment must be sent to info@powermax.ph.  Failure to send the proof of payment to info@powermax.ph means the participants will not receive the webinar links even if the proof of payment is sent to other contact details of Powermax or its representatives (e.g., Facebook, Messenger, Viber, other email addresses, etc.).

    Payment Through PayPal
    If you choose to pay for your registration using PayPal you may do so.  Please take note that PayPal also accepts Debit Cards and Credit Cards bearing the VISA and Mastercard logo. Unlike the Bank Deposit/Online Bank Transfer, the PayPal process automatically updates our system to issue the participants their access to our webinars.

    WEBINAR ACCESS LINKS.  Once payment is made and verified, we can activate the spot on the webinar then we can send the webinar access links to the email addresses of the participants – this only goes with Bank Deposit/Online Bank Transfer / G-Cash.  However, for payments made using PayPal, the activation process is automatic. Note that your webinar access link cannot be shared with anyone else.  If you cannot attend on the date and time of the webinar kindly advise us at the latest one day ahead.

    POWER WEBINARS. Powermax live webinars are designed to give you an incisive insight into a plethora of interesting and relevant topics using Zoom technology. It aims to uncork the latest updates, best practices, useful strategies, and tactics, and/or practical tips and techniques not just to widen your horizon but also to equip you with the essential knowledge and skills. Hopefully, this will also encourage you to register for the other webinars of Powermax. Just visit our site – www.powermax.ph to see our other webinars.

    A PLEASANT WEBINAR EXPERIENCE

    To ensure a pleasant webinar experience, we recommend to registrants to:

    1. Download and install the Zoom application beforehand
    2. Ensure that there is a proper internet WIFI connection
    3. Use a working webinar streaming device.

    TERMS AND CONDITIONS

    1. Definition of Terms
      • REGISTRANT – The person who has registered himself or other people for a webinar of Powermax
      • ENROLLEE(S) – The person(s) registered by the REGISTRANT
      • PAID REGISTRANT – The registrant who has paid in full for the registration of the ENROLLEE(S)
      • ATTENDEE(S) – The enrollee(s) who has/have actually attended the webinar
    2. The Official Receipts will be made available for pick up at the office of

    Powermax Consulting Group. If you need a soft copy, we can take a picture of it and send you a copy online. However, if you want the physical copy delivered to your office, you can arrange with and pay for a local courier service like Lalamove or Grab Express.

    1. Sharing of the presentation materials depends on the webinar speaker.

    (a) Some speakers willingly share their materials while others don’t.
    (b) For the speakers who are willing to share their presentation materials

    • Some prefer that the materials be sent in advance while others prefer that they be sent after the webinar
    • Some prefer that the handouts to be given to the attendees are different from the PowerPoint files that they use and will not share the PPT files

    Powermax cannot guarantee that the presentation materials of each webinar will be shared, or shared in advance, or will be the same as the PPT file of the speaker.

    1. By joining the webinar of Powermax, you consent to interviews, photography, audio recording, video recording and its / their release, publication, exhibition, or reproduction to be used for news, web casts, promotional purposes, telecasts, advertising, inclusion on web sites, or for any other purpose(s) that Powermax, its vendors, partners, affiliates and/or representatives deems fit to use. You release Powermax, its officers and employees, and each and all persons involved from any liability connected with the taking, recording, digitizing, or publication of interviews, photographs, computer images, video and/or or sound recordings.Any form of video, image or audio recording during the webinar is not allowed unless with the express permission of the speaker and the management of Powermax Consulting Group.
    2. By entering the event premises (conference venue or Zoom meeting platform), you waive all rights to any claims for payment or royalties in connection with any exhibition, streaming, webcasting, televising, or other publication of these materials, regardless of the purpose or sponsoring of such exhibiting, broadcasting, webcasting, or other publication irrespective of whether a fee for admission or sponsorship is charged. You also waive any right to inspect or approve any photo, video, or audio recording taken.
    3. Any form of video, image or audio recording during the webinar is not allowed unless with the express permission of the speaker and the management of Powermax Consulting Group.
    4. Your registration fee entitles your enrollee(s) to a slot in a webinar you have paid for but no record of the video of the webinar will be shared.
    5. If an enrollee fails to join the webinar because Powermax fails to give the webinar link, the payment of his / her REGISTRANT will be refunded in full or if the REGISTRANT prefers, the payment will be rolled over to other webinars of his / her choice.
    6. If an enrollee advises Powermax five (5) days before the scheduled date of the webinar that he / she cannot attend it, the payment for that slot will be rolled over to another webinar. But if he / she avails of the presentation materials of that webinar (assuming the speaker has shared the materials), the payment cannot be rolled over to another webinar.
    7. If an enrollee fails to attend a webinar and also fails to advise Powermax five (5) days before the scheduled date of the webinar, the presentation materials of that webinar (assuming the speaker has shared the materials) will be given to him / her but there will be no option for rollover.
    8. If an enrollee fails to attend a webinar because of a technical glitch on his / her device but other enrollees manage to join the said webinar, there will be no liability on the part of Powermax unless it can be established that there is a clear fault by a representative of Powermax.
    9. Certificates will be given to the ATTENDEES only.
    10. Questions or clarifications about the subject matter of a webinar can only be entertained by the speakers during the holding of the webinar. After the webinar, the speaker cannot be obliged to answer them though email, Facebook chat or some other means.
    11. Unless asked by the speaker or the host to talk, the attendees should not unmute their microphone to avoid distracting the session. Anyone who persists in unmuting his / her audio, despite the reminder or warning, will be removed from the webinar session.
    12. During the webinar, the ATTENDEES are not allowed to advertise any business competitive with the business of Powermax (seminars / webinars / events) or its sister company AGFI or Advertising and Gaming Fabrication, Inc. (signages, kiosks, podiums, gaming modules like tambiolo, roleta, pachinko; sticker and tarpaulin printing; and laser cutting)
    13. We want everyone to enjoy the webinar. However, we reserve the right to remove participants who are unruly or disruptive (e.g., keeps making noise, spamming the chat, etc.) and no refund will be made.

    Thank you and enjoy!

    Keep safe and God Bless!

    Add to cartDone
  • Tax and Accounting Reconciliation

    Tax and Accounting Reconciliation

    ₱1,699.00 + VAT

    Featured Speaker:
    Mr. Jekell Salosagcol
    CPA Reviewer and PFRS Trainer

    September 19, 2024
    2:00 PM –  5:00 PM

    *******************************************************************
    ONLINE LEARNING SESSION
    REGULAR RATE      Php 1,699.00 + VAT starting September 13, 2024
    EARLY BIRD RATE  Php 1,399.00 + VAT until September 12, 2024
    GROUP RATE          Php 1,299.00 + VAT per pax for 5 – 14 pax
    SUPER GROUP RATE  Php 1,099.00 + VAT per pax for 15 or more pax
    BIRTHDAY MONTH PROMO – Free Seat – Register within Your Birthday Month with at least 2 Paid Pax @Php1,699.00+ VAT per pax  Must present proof of date of birth
    JOIN NOW PAY LATER PROMO   Pay After 30 Days from the date of the Masterclass @ Php1,899.00+ VAT per pax

    Inclusive of the Masterclass Session, the presentation materials and the Digital Certificate.
    *******************************************************************

    Tax and Accounting Reconciliation

    Introduction

    This is one of the best online learning sessions you can join if you want to clearly understand the Philippine tax and accounting landscape and their mainstream differences that practitioners usually overlook when preparing financial statements and ITR’s.

    It will feature seasoned CPA Reviewer and PFRS Trainer, Mr. Jekell Salosagcol, who is well reputed for his ability not just to explain the subject matter clearly but also in simplifying what looks complex and nebulous to the immense satisfaction of the participants. And just for good measure, you will appreciate his sense of humor. Definitely not the typical dry and boring discussion. You will not regret joining this webinar.

    Course Outline

    1. OVERVIEW OF PHILIPPINE INCOME TAX

    • Income tax
    • Business tax
    • Withholding tax

    2. OVERVIEW OF FINANCIAL ACCOUNTING

    • PFRS
    • PFRS for SME

    3. DIFFERENCES BETWEEN ACCOUNTING AND TAXATION

    • Borrowing costs
    • Foreign exchange gains and losses
    • Investment properties
    • Depreciation and amortization
    • Impairment losses
    • Unrealized gains and losses
    • Retirement benefit expense
    • Revenue from sale of real estate
    • Leases
    • Biological assets
    • Research and development costs
    • Organizational costs
    • Fines and penalties
    • Accounting changes and correction of errors

    4. THE CONCEPT OF DEFERRED TAX ACCOUNTING

    • Importance
    • Components of income tax expense
    • Temporary differences
    • Excess MCIT
    • Net operating loss carryover

    5. ACCOUNTING FOR BUSINESS TAXES

    • VAT
    • Other percentage taxes

    RESOURCE SPEAKER – Mr. Jekell Salosagcol

    • 2002 to Date CPA Reviewer: Auditing Theory and Practice -CRC -ACE -CPA Review School
    • 2006 to Date Resource Speaker: PICPA CPE Seminar son Accounting and Auditing Standards
    • 1999 to 2002 CPA Reviewer: Auditing Theory and Practice CPA Review School of the Phils.
    • 1996 to 1999 Lecturer: De La Salle University; St. Scholastica’s College; and Colegio de San Juan de Letran.

    PFRS Trainer

    • Manila Electric Company Accenture Philippines
    • Commission on Audit Dole Philippines
    • Bureau of Treasury Philippines Association of Local Government Accountants
    • Bureau of Internal Revenue National Institute of Accounting Technician

    Audit and Consultancy

    • 2012 Consultant: Independent Oil Price Review Committee- Department of Energy
    • 2011 to date: Audit and PFRS Consultant- Government Service Insurance System
    • 2010 to date: Technical and Training Consultant- Reyes Tacandong & Company
    • 2008 to date: Consultant: ORT Consulting Group LLC- Chicago II. USA
    • 2008 to 2010: Vice-President for US Operations: Theorem Global Business Outsourcing Inc.
    • 1995 to 1996: Auditor- Sycip, Gorres, Velayo & Company

    Education

    • 2nd Placer Philippine CPA Licensure Examination- May 1995
    • BS Accountancy- Technological Institute of the Philippines- 1990 to 1994

    Publication

    • 2002 – “Basic Auditing Theory and Concepts”
    • 2005 – “A Guide in Understanding the Philippine Standards on Auditing

    In-House Training

    We can conduct in-house training for the above program, ITR Preparations, Disclosures and Other Important Considerations, for your company to make it more customized to your requirements. Likewise, we can run other programs on Taxation.

    In the same vein, with our battery of seasoned Filipino trainers or speakers, training consultants and facilitators, we can conduct other employee development programs for your people configured to your preferences:

    HUMAN RESOURCE or HR

    • Basic and Advanced HR
    • Recruitment or Talent Selection
    • Onboarding
    • Training or Learning and Development
    • Job Evaluation
    • Employee Compensation and Benefits

    LABOR LAW

    • Labor Law 101
    • Flexible Work Arrangements
    • Company Policy
    • Employee Discipline
    • Administrative Hearing
    • Job Contracting

    TAXATION

    • Basic Taxation
    • All About VAT
    • Withholding Taxes
    • Tax Assessment
    • Percentage Tax
    • Legal Strategies to Reduce Tax
    • Handling B.I.R. Audit
    • Employee Benefits Tax

    ACCOUNTING

    • Basic Accounting and Bookkeeping
    • Understanding Financial Statements
    • Strengthening Your Accounting Systems
    • Internal Control
    • Accounting for Non-Accountants
    • Finance for Non-Financial Professionals

    SUPPLY CHAIN MANAGEMENT

    • Introduction to Materials Management
    • Warehouse Management
    • Inventory Planning and Control
    • Modern Procurement
    • Supply Management

    LEADERSHIP, MANAGEMENT OR SUPERVISION

    • Basic Leadership and Management Excellence
    • Supervisory Leadership Development
    • Developing Your Managerial Leadership
    • How to Bring Out the Best in People

    SALES

    • Awaken the Sales Champion in You
    • Professional Selling
    • ExSELLence
    • How to Handle Objections
    • 39 Ways to Close More Sales

    OTHER PROGRAMS

    • Customer Service
    • Telephone and Email Etiquette
    • Top Techniques to improve Collection
    • Work Attitude and Values Enhancement

    IMPORTANT REMINDERS

    POWERMAX MASTERCLASS.  As a leading online corporate training provider in Manila, Philippines, Powermax currently offers live webinars which are designed to give you an incisive insight into a plethora of interesting and relevant topics using Zoom technology. It aims to uncork the latest updates, best practices, useful strategies, and tactics, and/or practical tips and techniques not just to widen your horizon but also to equip you with the essential knowledge and skills. Hopefully, this will also encourage you to register for the other webinars of Powermax. Just visit our site –www.powermax.ph to see our other webinars.

    LIMITED SLOTS. Limited slots are available. To avoid last-minute delays and inconveniences, we advise you to please register at the latest two days or one day before the webinar event.

    REGISTRATION. You must register or be registered by someone else to be able to join our webinars.  Webinar access links are strictly sent through email therefore make sure you indicate the right email addresses for the participants. Please indicate how many participants you wish to include before hitting the REGISTER NOW button.

    CHECK OUT. When you go to the Checkout Page, double-check the number of participants you have to register, if you change your mind or wish to make last-minute adjustments, do not forget to update your cart by clicking the UPDATE CART button.  Once everything is final, you may now click the PROCEED TO CHECK OUT button.

    BILLING DETAILS AND THE NAMES OF THE PARTICIPANTS. On the upper portion, you have to enter your details (esp. your email address) as the one paying for the registration. Underneath, you have to enter the details (esp. the email addresses) of the participants you wish to join the webinar.


    PAYMENT

    POWERMAX provides three (3) payment options:
    (1) Bank Deposit/Online Bank Transfer
    (2) G-Cash
    (3) PayPal/Credit or Debit Card Through PayPal

    Bank Deposit or Online Bank Transfer / G-Cash
    If you choose Bank Deposit/Online Bank Transfer or G-Cash, you have to send the proof of payment to info@powermax.ph.

    IMPORTANT:  Proof of payment must be sent to info@powermax.ph.  Failure to send the proof of payment to info@powermax.ph means the participants will not receive the webinar links even if the proof of payment is sent to other contact details of Powermax or its representatives (e.g., Facebook, Messenger, Viber, other email addresses, etc.).

    Payment Through PayPal
    If you choose to pay for your registration using PayPal you may do so.  Please take note that PayPal also accepts Debit Cards and Credit Cards bearing the VISA and Mastercard logo. Unlike the Bank Deposit/Online Bank Transfer, the PayPal process automatically updates our system to issue the participants their access to our webinars.

    MASTERCLASS ACCESS LINKS.  Once payment is made and verified, we can activate the spot on the webinar then we can send the webinar access links to the email addresses of the participants – this only goes with Bank Deposit/Online Bank Transfer / G-Cash.  However, for payments made using PayPal, the activation process is automatic. Note that your webinar access link cannot be shared with anyone else.  If you cannot attend on the date and time of the webinar kindly advise us at the latest one day ahead.

    POWERMAX MASTERCLASS.  As a leading corporate training provider, Powermax currently offers live webinars which are designed to give you an incisive insight into a plethora of interesting and relevant topics using Zoom technology. It aims to uncork the latest updates, best practices, useful strategies, and tactics, and/or practical tips and techniques not just to widen your horizon but also to equip you with the essential knowledge and skills. Hopefully, this will also encourage you to register for the other webinars of Powermax. Just visit our site –www.powermax.ph to see our other webinars.

    A PLEASANT MASTERCLASS EXPERIENCE

    To ensure a pleasant webinar experience, we recommend to registrants to:

    1. Download and install the Zoom application beforehand
    2. Ensure that there is a proper internet WIFI connection
    3. Use a working webinar streaming device.

    TERMS AND CONDITIONS

    1. Definition of Terms
      • REGISTRANT – The person who has registered himself or other people for a webinar of Powermax
      • ENROLLEE(S) – The person(s) registered by the REGISTRANT
      • PAID REGISTRANT – The registrant who has paid in full for the registration of the ENROLLEE(S)
      • ATTENDEE(S) – The enrollee(s) who has / have actually attended the webinar
    2. The Official Receipts will be made available for pick up at the office of

    Powermax Consulting Group. If you need a soft copy, we can take a picture of it and send you a copy online. However, if you want the physical copy delivered to your office, you can arrange with and pay for a local courier service like Lalamove or Grab Express.

    1. Sharing of the presentation materials depends on the webinar speaker.

    (a) Some speakers willingly share their materials while others don’t.
    (b) For the speakers who are willing to share their presentation materials

    • Some prefer that the materials be sent in advance while others prefer that they be sent after the webinar
    • Some prefer that the handouts to be given to the attendees are different from the PowerPoint files that they use and will not share the PPT files

    Powermax cannot guarantee that the presentation materials of each webinar will be shared, or shared in advance, or will be the same as the PPT file of the speaker.

    1. By joining the webinar of Powermax, you consent to interviews, photography, chat recording, audio recording, video recording and its / their release, publication, exhibition, or reproduction to be used for news, web casts, testimonials or promotional purposes, telecasts, advertising, inclusion on web sites, or for any other purpose(s) that Powermax, its vendors, partners, affiliates and/or representatives deems fit to use. You release Powermax, its officers and employees, and each and all persons involved from any liability connected with the taking, recording, digitizing, or publication of interviews, photographs, computer images, video and/or or sound recordings.
    2. Attendees are not allowed to do any form of video, image or audio recording during the webinar unless with the express permission of the speaker and the management of Powermax Consulting Group.
    3. By entering the event premises (conference venue or Zoom meeting platform), you waive all rights to any claims for payment or royalties in connection with any exhibition, streaming, webcasting, televising, or other publication of these materials, regardless of the purpose or sponsoring of such exhibiting, broadcasting, webcasting, or other publication irrespective of whether a fee for admission or sponsorship is charged. You also waive any right to inspect or approve any photo, video, or audio recording taken.
    4. Your registration fee entitles your enrollee(s) to a slot in a webinar you have paid for but no record of the video of the webinar will be shared.
    5. If an enrollee fails to join the webinar because Powermax fails to give the webinar link, the payment of his / her REGISTRANT will be refunded in full or if the REGISTRANT prefers, the payment will be rolled over to other webinars of his / her choice.
    6. If an enrollee advises Powermax five (5) days before the scheduled date of the webinar that he / she cannot attend it, the payment for that slot will be rolled over to another webinar. But if he / she avails of the presentation materials of that webinar (assuming the speaker has shared the materials), the payment cannot be rolled over to another webinar.
    7. If an enrollee fails to attend a webinar and also fails to advise Powermax five (5) days before the scheduled date of the webinar, the presentation materials of that webinar (assuming the speaker has shared the materials) will be given to him / her but there will be no option for rollover.
    8. If an enrollee fails to attend a webinar because of a technical glitch on his / her device but other enrollees manage to join the said webinar, there will be no liability on the part of Powermax unless it can be established that there is a clear fault by a representative of Powermax.
    9. Certificates will be given to the ATTENDEES only.
    10. Questions or clarifications about the subject matter of a webinar can only be entertained by the speakers during the holding of the webinar. After the webinar, the speaker cannot be obliged to answer them though email, Facebook chat or some other means.
    11. Unless asked by the speaker or the host to talk, the attendees should not unmute their microphone to avoid distracting the session. Anyone who persists in unmuting his / her audio, despite the reminder or warning, will be removed from the webinar session.
    12. During the webinar, the ATTENDEES are not allowed to advertise any business competitive with the business of Powermax (seminars / webinars / events) or its sister company AGFI or Advertising and Gaming Fabrication, Inc. (signages, kiosks, podiums, gaming modules like tambiolo, roleta, pachinko; sticker and tarpaulin printing; and laser cutting)
    13. We want everyone to enjoy the webinar. However, we reserve the right to remove participants whose company or business competes with the business of Powermax or who are unruly or disruptive (e.g., keeps making noise, spamming the chat, etc.) and no refund will be made.

    Thank you and enjoy!

    Keep safe and God Bless!

    Add to cartDone
  • Placeholder

    The CREATE Law and Its Implementing Rules – with Sample Computations

    ₱1,499.00 + VAT

    Featured Speaker: Ms. Rhodora Icaranom
    Former Revenue District Officer – B.I.R.


    July 1, 2021
    2:00pm – 5:00pm
    *********************************************************
    Regular Rate           Php 1,499.00 + VAT starting June 25, 2021
    Early Bird Rate        Php 1,399.00 + VAT until June 24, 2021
    Group Rate              Php 1,299.00 + VAT per pax for 5 or more pax

    Inclusive of the Webinar Session, Presentation Materials of the Speaker and the Digital Certificate (with dashboard)
    *********************************************************

    The CREATE Law and Its Implementing Rules
    with Sample Computations

     

    Introduction

    A lot of accountants and business people want to be clarified about the practical aspects of the implementation of The Corporate Recovery and Tax Incentives for Enterprises Act or CREATE Law. In particular, they want more details about the portfolio of tax perks and other benefits, together with sample computations. Look no further. Here, you can find all the answers you want for all your questions and clarifications about the implementing guidelines of the CREATE Law.

     

    Course Outline

    1. Reduction of Corporate Income Tax Rates (RCIT/MCIT)
    2. Final Income Tax Rates for Corporations
    3. Exemption of intercorporate dividends including foreign sourced dividends
    4. Reduction on Income Tax preferential rate of proprietary Institutions and non-profit hospitals
    5. Repeal of the Improperly Accumulated Earnings Tax
    6. Subjecting OBUs and ROHQs to RCIT
    7. Reduction of Percentage Tax Rate
    8. Tax Free Exchange (Sec 40) No BIR ruling required
    9. Additional VAT Exemptions of certain goods and services
    10. Interest Arbitrage (for Corporate Income Tax Rates of 25% and 20%)
    11. Deductions from Gross Income
    12. Companies/Enterprises qualified for incentives
    13. What are qualified activities to avail the incentives of ITH/SCIT
    14. What are the fiscal incentives and other incentives
    15. Rationalization of incentives based on location and industry
    16. Enhanced Deductions for qualified enterprises
    17. Sunset periods for existing projects
    18. Authority to grant incentives
    19. FIRB and IPA as regulatory bodies for the incentives application and grant
    20. Items vetoed by the President of the Republic of the Philippines

    Implementing Revenue Regulations:

    RR 2-2021 Implementing the new FINAL Tax Rates on certain passive income of Individuals and Corporations pursuant to CREATE

    • Income payments to Non-resident Aliens Engaged in Trade or business in the Phils.
    • Income Payments to a Resident Foreign Corporation
    • Income derived from all Sources within the Phils. By Non-resident foreign corporation
    • Government Money Payments

    RR 3-2021 Amendment of Section 20 of the NIRC of 1997

    • Submission of Tax-Related and Pertinent Information to the BIR/DOF from entities receiving incentives
    • Prohibition of BIR/DOF from leaking information to any person without prior written approval from the CIR pursuant to Sec 270 of the Tax Code, as amended

    RR 4-2021 Implementing CREATE provisions affecting VAT and PT

    • VAT Exemptions on sale of real properties
    • Additional coverage of VAT exemptions w/ illustrations
    • Tax on Persons exempt from VAT

    RR 5-2021 Implementing the impact of CREATE like new IT rates on the regular income of corporations, certain passive income, including additional allowable deductions from Gross Income of persons engaged in Business or Practice of Profession

    • Description of entities and their corresponding changes in rates and dates of effectivity
    • Proprietary Educational Institutions
    • Proprietary Hospitals
    • Regional Operating Headquarters
    • IT rates on different passive income
    • Exemption of intercorporate foreign-sourced dividends subject to conditions
    • Repeal of Improperly Accumulated Earnings Tax
    • Allowable Deduction for Business Persons
    • Non-recognition of Gain or Loss on Exchange of Property

     

    RESOURCE SPEAKER – Ms. Rhodora Icaranom

    • Ms. Rhodora G. Icaranom is the former Revenue District Officer(RDO) of the Bureau of Internal Revenue. Her tax experience was mostly spent in the Financial District Makati where she was assigned as Asst. Revenue District Officer for almost nine years. She had a one-year stint in the Large Taxpayers’ Division as Head of the Banks and Financial Intermediaries.
    • In her career with the tax authority she received a distinguished award  on the nationwide BIR search for Outstanding Group Supervisor-Centennial Year during the BIR’s Centennial Celebration in 2004 for her consistent exemplary performance in Audit and Tax Collection being the Head of the Special Task Force in Manila Region. As a member of the BIR Pool of Speakers, she was a regular lecturer of BIR in various tax topics usually focused on updates. At the same time, she is an accredited PICPA speaker in the PICPA National office and various regions for the last two decades. She is also a former professor of Accounting at the De La Salle University.
    • During her years of tax service in the government, she attended various trainings held by BIR, some of which were sponsored by Germany, Japan, US and by the big Auditing Firms. In November 2012, she was sent to a month-long training and conference for International Taxation on a Senior Executive Program in Tokyo, Japan sponsored by JICA. Subsequently in October 2015, she also represented BIR for the International Taxation on Financial Instruments in Kuala Lumpur, Malaysia sponsored by Malaysian Internal Revenue Authority and International Bureau of Fiscal Documentation IBFD of London.

     

     

    IMPORTANT REMINDERS

    LIMITED SLOTS. Limited slots are available. To avoid last-minute delays and inconveniences, we advise you to please register at the latest two days or one day before the webinar event.

    REGISTRATION. You must register or be registered by someone else to be able to join our webinars.  Webinar access links are strictly sent through email therefore make sure you indicate the right email addresses for the participants. Please indicate how many participants you wish to include before hitting the REGISTER NOW button.

    CHECK OUT. When you go to the Checkout Page, double-check the number of participants you have to register, if you change your mind or wish to make last-minute adjustments, do not forget to update your cart by clicking the UPDATE CART button.  Once everything is final, you may now click the PROCEED TO CHECK OUT button.

    BILLING DETAILS AND THE NAMES OF THE PARTICIPANTS. On the upper portion, you have to enter your details (esp. your email address) as the one paying for the registration. Underneath, you have to enter the details (esp. the email addresses) of the participants you wish to join the webinar.

    PAYMENT

    POWERMAX provides three (3) payment options:
    (1) Bank Deposit/Online Bank Transfer
    (2) G-Cash
    (3) PayPal/Credit or Debit Card Through PayPal 

    Bank Deposit or Online Bank Transfer / G-Cash
    If you choose Bank Deposit/Online Bank Transfer or G-Cash, you have to send the proof of payment to info@powermax.ph.

    IMPORTANT:  Proof of payment must be sent to info@powermax.ph.  Failure to send the proof of payment to info@powermax.ph means the participants will not receive the webinar links even if the proof of payment is sent to other contact details of Powermax or its representatives (e.g., Facebook, Messenger, Viber, other email addresses, etc.).

    Payment Through PayPal
    If you choose to pay for your registration using PayPal you may do so.  Please take note that PayPal also accepts Debit Cards and Credit Cards bearing the VISA and Mastercard logo. Unlike the Bank Deposit/Online Bank Transfer, the PayPal process automatically updates our system to issue the participants their access to our webinars.

    WEBINAR ACCESS LINKS.  Once payment is made and verified, we can activate the spot on the webinar then we can send the webinar access links to the email addresses of the participants – this only goes with Bank Deposit/Online Bank Transfer / G-Cash.  However, for payments made using PayPal, the activation process is automatic. Note that your webinar access link cannot be shared with anyone else.  If you cannot attend on the date and time of the webinar kindly advise us at the latest one day ahead.

     

    POWER WEBINARS. Powermax live webinars are designed to give you an incisive insight into a plethora of interesting and relevant topics using Zoom technology. It aims to uncork the latest updates, best practices, useful strategies, and tactics, and/or practical tips and techniques not just to widen your horizon but also to equip you with the essential knowledge and skills. Hopefully, this will also encourage you to register for the other webinars of Powermax. Just visit our site – www.powermax.ph to see our other webinars.

    A PLEASANT WEBINAR EXPERIENCE

    To ensure a pleasant webinar experience, we recommend to registrants to:

    1. Download and install the Zoom application beforehand
    2. Ensure that there is a proper internet WIFI connection
    3. Use a working webinar streaming device.

     

    TERMS AND CONDITIONS

    1. Definition of Terms
      • REGISTRANT – The person who has registered himself or other people for a webinar of Powermax
      • ENROLLEE(S) – The person(s) registered by the REGISTRANT
      • PAID REGISTRANT – The registrant who has paid in full for the registration of the ENROLLEE(S)
      • ATTENDEE(S) – The enrollee(s) who has / have actually attended the webinar
    2. The Official Receipts will be made available for pick up at the office of

    Powermax Consulting Group. If you need a soft copy, we can take a picture of it and send you a copy online. However, if you want the physical copy delivered to your office, you can arrange with and pay for a local courier service like Lalamove or Grab Express.

    1. Sharing of the presentation materials depends on the webinar speaker.

    (a) Some speakers willingly share their materials while others don’t.
    (b) For the speakers who are willing to share their presentation materials

    • Some prefer that the materials be sent in advance while others prefer that they be sent after the webinar
    • Some prefer that the handouts to be given to the attendees are different from the PowerPoint files that they use and will not share the PPT files

    Powermax cannot guarantee that the presentation materials of each webinar will be shared, or shared in advance, or will be the same as the PPT file of the speaker.

    1. By joining the webinar of Powermax, you consent to interviews, photography, audio recording, video recording and its / their release, publication, exhibition, or reproduction to be used for news, web casts, promotional purposes, telecasts, advertising, inclusion on web sites, or for any other purpose(s) that Powermax, its vendors, partners, affiliates and/or representatives deems fit to use. You release Powermax, its officers and employees, and each and all persons involved from any liability connected with the taking, recording, digitizing, or publication of interviews, photographs, computer images, video and/or or sound recordings.Any form of video, image or audio recording during the webinar is not allowed unless with the express permission of the speaker and the management of Powermax Consulting Group.
    2. By entering the event premises (conference venue or Zoom meeting platform), you waive all rights to any claims for payment or royalties in connection with any exhibition, streaming, webcasting, televising, or other publication of these materials, regardless of the purpose or sponsoring of such exhibiting, broadcasting, webcasting, or other publication irrespective of whether a fee for admission or sponsorship is charged. You also waive any right to inspect or approve any photo, video, or audio recording taken.
    3. Any form of video, image or audio recording during the webinar is not allowed unless with the express permission of the speaker and the management of Powermax Consulting Group.
    4. Your registration fee entitles your enrollee(s) to a slot in a webinar you have paid for but no record of the video of the webinar will be shared.
    5. If an enrollee fails to join the webinar because Powermax fails to give the webinar link, the payment of his / her REGISTRANT will be refunded in full or if the REGISTRANT prefers, the payment will be rolled over to other webinars of his / her choice.
    6. If an enrollee advises Powermax five (5) days before the scheduled date of the webinar that he / she cannot attend it, the payment for that slot will be rolled over to another webinar. But if he / she avails of the presentation materials of that webinar (assuming the speaker has shared the materials), the payment cannot be rolled over to another webinar.
    7. If an enrollee fails to attend a webinar and also fails to advise Powermax five (5) days before the scheduled date of the webinar, the presentation materials of that webinar (assuming the speaker has shared the materials) will be given to him / her but there will be no option for rollover.
    8. If an enrollee fails to attend a webinar because of a technical glitch on his / her device but other enrollees manage to join the said webinar, there will be no liability on the part of Powermax unless it can be established that there is a clear fault by a representative of Powermax.
    9. Certificates will be given to the ATTENDEES only.
    10. Questions or clarifications about the subject matter of a webinar can only be entertained by the speakers during the holding of the webinar. After the webinar, the speaker cannot be obliged to answer them though email, Facebook chat or some other means.
    11. Unless asked by the speaker or the host to talk, the attendees should not unmute their microphone to avoid distracting the session. Anyone who persists in unmuting his / her audio, despite the reminder or warning, will be removed from the webinar session.
    12. During the webinar, the ATTENDEES are not allowed to advertise any business competitive with the business of Powermax (seminars / webinars / events) or its sister company AGFI or Advertising and Gaming Fabrication, Inc. (signages, kiosks, podiums, gaming modules like tambiolo, roleta, pachinko; sticker and tarpaulin printing; and laser cutting)
    13. We want everyone to enjoy the webinar. However, we reserve the right to remove participants who are unruly or disruptive (e.g., keeps making noise, spamming the chat, etc.) and no refund will be made.

     

    Thank you and enjoy!

    Keep safe and God Bless!

    Add to cartDone
  • Placeholder

    Understanding and Analyzing Financial Statements

    ₱1,499.00 + VAT

    Featured Speaker: Dr. Rufo R. Mendoza
    Former Vice-Chair for Professional Regulatory Board of Accountancy

    March 19, 2021
    2:00pm – 5:00pm
    *******************************************************************
    Regular Rate           Php 1,499.00 + VAT starting March 13, 2021
    Early Bird Rate        Php 1,399.00 + VAT until March 12, 2021
    Group Rate              Php 1,299.00 + VAT per pax for 5 or more pax

    Inclusive of the Webinar Session, the Presentation Materials of the Speaker and the Digital Certificate *******************************************************************

    UNDERSTANDING AND ANALYZING FINANCIAL STATEMENTS

     

    Background

    Financial statements tell the story of a business. The abundance of data contained in the financial statements urges the board and management of business organizations to rely upon them in coming up with sound decisions and in plotting the future of the business.

    More importantly, investors, creditors, suppliers, and analysts depend on the financial statement data in assessing the financial health of a business. Hence, it becomes imperative for both the preparers and users of financial statements to clearly figure out the structure and contents of the financial statements.

    This seminar provides the participants with a comprehensive knowledge on the various elements that comprise the financial statements, including their nature, classification, measurement, and presentation. It covers the accounting information system that the business must put in place to ensure that financial statements are fairly presented and generated on time.

    Discussions will include the interrelationship of accounts and the links among the different financial statements. The seminar concludes with analyzing the contents of the financial statements to make them more meaningful to users.

     

    Learning Objectives:

    At the end of the seminar, the participants will be able to:

    • Explain the attributes and processes that comprise an accounting information system and their interrelationship;
    • Describe the regulatory regime, standards, and frameworks that serve as guide in financial accounting and preparation of financial statements;
    • Illustrate the structure and contents of the statement of financial position, statement of comprehensive income, and statement of cash flows and discuss their relationship
    • Demonstrate the contents and importance of the notes to financial statements;
    • Analyze the financial health of a business organization based on the financial statements.

     

    Outline of Topics

    1.   Key Business Activities. This explains how the business undertakes the financing, investing, and operating activities and the role of the managers on these activities.

    2.   The Financial Reporting Environment. This covers the current developments pertaining to the preparation of the financial statements as required by regulatory bodies.

    3.   The Structure and Contents of the Financial Statements. This covers the classification of accounts as shown in the financial statements and the contents of the balance sheet, income statement, and statement of cash flows.

    4.   Financial Analytical Tools and Techniques

    • Liquidity
    • Asset management or activity
    • Leverage
    • Profitability
    • Marketability


    5.   Integrated Tools in Analyzing Business Performance

    • Du Pont Method of Financial Analysis
    • Financial Leverage

    Target Participants

    Business owners and executives; and managers, officers, and staff performing the following functions: finance, accounting, marketing, operations, human resources, credit analysis and evaluation, purchasing, planning, supply chain, and investment management.

    RESOURCE SPEAKER – DR. RUFO R. MENDOZA

    • Dr. Rufo R. Mendoza was a member of the Professional Regulatory Board of Accountancy for seven years, where he was the Vice-Chair for three and a half years. He was also the Chair of the PRC’s Continuing Professional Development Council for Accountancy for five years. In his tenure in the BOA, he represented the country in the ASEAN Meetings of Professional Regulatory Authorities for the Mutual Recognition Arrangement on Accountancy Services. He was also the country’s delegate to the APEC Senior Officials Meeting in Accounting Services. He was PICPA’s national awardee as Outstanding CPA in Professional Development in 2008 and Outstanding CPA in Government Service in 2010.
    • He has more than 20 years of experience in external audit and internal audit of private businesses. He has 15 years of extensive experience in consulting with international development organizations in the area of public financial management that covers the internal control system, risk management, and internal audit. He was Consultant at World Bank, UNDP, European Commission, Australian Agency for International Development, and United States Agency for International Development.
    • He has a master’s degree in development management and a Ph.D. in community development and agribusiness management both from the University of the Philippines Los Baños, where he was awarded membership in three international honor societies.
    • He taught in the graduate school of leading universities in the Philippines, including the Asian Institute of Management, Ateneo de Manila University’s School of Government, UP Open University, University of Philippine Los Baños, and De La Salle Lipa.
    • Currently, he is a National Capacity Development Expert at the Asian Development Bank.

     

    IMPORTANT REMINDERS

    LIMITED SLOTS. Limited slots are available. To avoid last-minute delays and inconveniences, we advise you to please register at the latest two days or one day before the webinar event.

    REGISTRATION. You must register or be registered by someone else to be able to join our webinars.  Webinar access links are strictly sent through email therefore make sure you indicate the right email addresses for the participants. Please indicate how many participants you wish to include before hitting the REGISTER NOW button.

    CHECK OUT. When you go to the Checkout Page, double-check the number of participants you have to register, if you change your mind or wish to make last-minute adjustments, do not forget to update your cart by clicking the UPDATE CART button.  Once everything is final, you may now click the PROCEED TO CHECK OUT button.

    BILLING DETAILS AND THE NAMES OF THE PARTICIPANTS. On the upper portion, you have to enter your details (esp. your email address) as the one paying for the registration. Underneath, you have to enter the details (esp. the email addresses) of the participants you wish to join the webinar.

    PAYMENT

    POWERMAX provides three (3) payment options:
    (1) Bank Deposit/Online Bank Transfer
    (2) G-Cash
    (3) PayPal/Credit or Debit Card Through PayPal

    Bank Deposit or Online Bank Transfer / G-Cash
    If you choose Bank Deposit/Online Bank Transfer or G-Cash, you have to send the proof of payment to info@powermax.ph.

    IMPORTANT:  Proof of payment must be sent to info@powermax.ph.  Failure to send the proof of payment to info@powermax.ph means the participants will not receive the webinar links even if the proof of payment is sent to other contact details of Powermax or its representatives (e.g., Facebook, Messenger, Viber, other email addresses, etc.).

    Payment Through PayPal
    If you choose to pay for your registration using PayPal you may do so.  Please take note that PayPal also accepts Debit Cards and Credit Cards bearing the VISA and Mastercard logo. Unlike the Bank Deposit/Online Bank Transfer, the PayPal process automatically updates our system to issue the participants their access to our webinars.

    WEBINAR ACCESS LINKS.  Once payment is made and verified, we can activate the spot on the webinar then we can send the webinar access links to the email addresses of the participants – this only goes with Bank Deposit/Online Bank Transfer / G-Cash.  However, for payments made using PayPal, the activation process is automatic. Note that your webinar access link cannot be shared with anyone else.  If you cannot attend on the date and time of the webinar kindly advise us at the latest one day ahead.

    POWER WEBINARS. Powermax live webinars are designed to give you an incisive insight into a plethora of interesting and relevant topics using Zoom technology. It aims to uncork the latest updates, best practices, useful strategies, and tactics, and/or practical tips and techniques not just to widen your horizon but also to equip you with the essential knowledge and skills. Hopefully, this will also encourage you to register for the other webinars of Powermax. Just visit our site – www.powermax.ph to see our other webinars.

    A PLEASANT WEBINAR EXPERIENCE

    To ensure a pleasant webinar experience, we recommend to registrants to:

    1. Download and install the Zoom application beforehand
    2. Ensure that there is a proper internet WIFI connection
    3. Use a working webinar streaming device.

     

    TERMS AND CONDITIONS

    1. Definition of Terms
      • REGISTRANT – The person who has registered himself or other people for a webinar of Powermax
      • ENROLLEE(S) – The person(s) registered by the REGISTRANT
      • PAID REGISTRANT – The registrant who has paid in full for the registration of the ENROLLEE(S)
      • ATTENDEE(S) – The enrollee(s) who has / have actually attended the webinar
    1. The Official Receipts will be made available for pick up at the office of

    Powermax Consulting Group. If you need a soft copy, we can take a picture of it and send you a copy online. However, if you want the physical copy delivered to your office, you can arrange with and pay for a local courier service like Lalamove or Grab Express.

    1. Sharing of the presentation materials depends on the webinar speaker.

    (a) Some speakers willingly share their materials while others don’t.
    (b) For the speakers who are willing to share their presentation materials

    • Some prefer that the materials be sent in advance while others prefer that they be sent after the webinar
    • Some prefer that the handouts to be given to the attendees are different from the PowerPoint files that they use and will not share the PPT files

    Powermax cannot guarantee that the presentation materials of each webinar will be shared, or shared in advance, or will be the same as the PPT file of the speaker.

    1. Any form of video, image or audio recording during the webinar is not allowed unless with the express permission of the speaker and the management of Powermax Consulting Group.
    2. Your registration fee entitles your enrollee(s) to a slot in a webinar you have paid for but no record of the video of the webinar will be given.
    3. If an enrollee fails to join the webinar because Powermax fails to give the webinar link, the payment of his / her REGISTRANT will be refunded in full or if the REGISTRANT prefers, the payment will be rolled over to other webinars of his / her choice.
    4. If an enrollee advises Powermax five (5) days before the scheduled date of the webinar that he / she cannot attend it, the payment for that slot will be rolled over to another webinar. But if he / she avails of the presentation materials of that webinar (assuming the speaker has shared the materials), the payment cannot be rolled over to another webinar.
    5. If an enrollee fails to attend a webinar and also fails to advise Powermax five (5) days before the scheduled date of the webinar, the presentation materials of that webinar (assuming the speaker has shared the materials) will be given to him / her but there will be no option for rollover.
    6. If an enrollee fails to attend a webinar because of a technical glitch on his / her device but other enrollees manage to join the said webinar, there will be no liability on the part of Powermax unless it can be established that there is a clear fault by a representative of Powermax.
    7. Certificates will be given to the ATTENDEES only.
    8. Questions or clarifications about the subject matter of a webinar can only be entertained by the speakers during the holding of the webinar. After the webinar, the speaker cannot be obliged to answer them through email, Facebook chat or some other means.
    9. Unless asked by the speaker or the host to talk, the attendees should not unmute their microphone to avoid distracting the session. Anyone who persists in unmuting his / her audio, despite the reminder or warning, will be removed from the webinar session.

     

    Thank you and enjoy!

    Keep safe and God Bless!

    Add to cartDone
  • Understanding Budgeting and the Budget Process

    Understanding Budgeting and the Budget Process

    ₱1,899.00 + VAT

    Understanding Budgeting and the Budget Process

    Introduction

    We cannot overemphasize the importance of a realistic budget in an organization. As developing the strategic plan has become imperative, translating the said plan into a budget becomes critical. The management of a business cannot achieve the goals and objectives without linking them with the budget.

    This masterclass provides the foundational topics in budgeting as an area of managing a business organization. It covers the nature, characteristics, roles, and types of budget. It details the approaches, techniques, and processes in budgeting. It allows the participants to understand the contents of the various types of budgets, specifically the operational budget, financial budget, cash budget, and capital expenditure budget.

    The special learning session will enhance the competencies of those who are responsible for preparing the organizational budget. At the same time, it will provide a strong foundation for those using their company’s budgets as part of the work.

     

     

    Topics

    1. What we need to know about budgeting?
    • Top 10 reasons why budget and planning stakeholders hate the process
    • Common challenges in planning and budgeting
    • Tracing the plan-budget linkage
    • Nature and roles of a budget
    • Types of budget
    2. Budgeting Approaches, Techniques and Process
    • Budgeting approaches
    • Budgeting techniques
    • Budgeting process
    • Other considerations in budgeting

     

    3. Operational and Financial Budgets
    • Operational budget: sales budget, production budget, direct material purchase budget, direct labor budget, manufacturing overhead budget, cost of sales budget operating expense budget, budgeted income statement.
    • Financial budget: cash budget, cash receipts schedule, cash disbursements schedule, budgeted balance sheet.

     

     

     

    Resource Speaker

    Dr. Rufo R. Mendoza, CPA
    Former Vice-Chair of Regulatory Board of Accountancy

    Click here for his profile.

     

     

    Training Investment

    REGULAR RATE
    Php 1,899.00 + VAT

    EARLY BIRD RATE
    Php 1,499.00 + VAT until July 18, 2025

    GROUP RATE
    Php 1,399.00 + VAT per pax for 5 – 14 pax

    SUPER GROUP RATE
    Php 1,199.00 + VAT per pax for 15 or more pax

    BIRTHDAY MONTH PROMO – FREE SEAT
    Register within Your Birthday Month with at least 2 Paid Pax @Php1,899.00+ VAT per pax (Must present proof of date of birth)

    JOIN NOW PAY LATER PROMO
    Pay After 30 Days from the date of the Masterclass @ Php2,099.00+ VAT per pax

    Presentation Materials and the Digital Certificate will be provided

     

     

    In-House Training

    Looking for customized in-house training in HR, Labor Law, Taxation, Accounting, Supply Chain Management, Soft Skills, or similar areas?

    Click here for more information.

     

     

    IMPORTANT REMINDERS

    REGISTRATION.
    You must register or be registered by someone else to be able to join our webinars.  Webinar access links are strictly sent through email therefore make sure you indicate the right email addresses for the participants. Please indicate how many participants you wish to include before hitting the REGISTER NOW button.

    CHECK OUT.
    When you go to the Checkout Page, double-check the number of participants you have to register, if you change your mind or wish to make last-minute adjustments, do not forget to update your cart by clicking the UPDATE CART button.  Once everything is final, you may now click the PROCEED TO CHECK OUT button.

    BILLING DETAILS AND THE NAMES OF THE PARTICIPANTS.
    On the upper portion, you have to enter your details (esp. your email address) as the one paying for the registration. Underneath, you have to enter the details (esp. the email addresses) of the participants you wish to join the webinar.

     

    PAYMENT
    POWERMAX provides three (3) payment options:
    (1) Bank Deposit/Online Bank Transfer
    (2) G-Cash
    (3) PayPal/Credit or Debit Card Through PayPal 

    Bank Deposit or Online Bank Transfer / G-Cash
    If you choose Bank Deposit/Online Bank Transfer or G-Cash, you have to send the proof of payment to info@powermax.ph.

    IMPORTANT:
    Proof of payment must be sent to info@powermax.ph.  Failure to send the proof of payment to info@powermax.ph means the participants will not receive the webinar links even if the proof of payment is sent to other contact details of Powermax or its representatives (e.g., Facebook, Messenger, Viber, other email addresses, etc.).

    Payment Through PayPal
    If you choose to pay for your registration using PayPal you may do so.  Please take note that PayPal also accepts Debit Cards and Credit Cards bearing the VISA and Mastercard logo. Unlike the Bank Deposit/Online Bank Transfer, the PayPal process automatically updates our system to issue the participants their access to our webinars.

    Masterclass access links.
    Once payment is made and verified, we can activate the spot on the webinar then we can send the webinar access links to the email addresses of the participants – this only goes with Bank Deposit/Online Bank Transfer / G-Cash.  However, for payments made using PayPal, the activation process is automatic. Note that your webinar access link cannot be shared with anyone else.  If you cannot attend on the date and time of the webinar kindly advise us at the latest one day ahead. 

    Terms and Conditions.
    By registering you agree to our Terms and Conditions and acknowledge our Privacy Policy.

     

    Thank you and enjoy!

    Keep safe and God Bless!

    Add to cartDone
  • Understanding Financial Statements

    Understanding Financial Statements

    ₱1,499.00 + VAT

    Featured Speaker: Dr. Rufo R. Mendoza
    Former Vice-Chair for Professional Regulatory Board of Accountancy

    July 23, 2021
    2:00pm – 5:00pm
    *******************************************************************
    Regular Rate           Php 1,499.00 + VAT starting July 17, 2021
    Early Bird Rate        Php 1,399.00 + VAT until July 16, 2021
    Group Rate              Php 1,299.00 + VAT per pax for 5 or more pax

    Inclusive of the Webinar Session, the Presentation Materials of the Speaker and the Digital Certificate *******************************************************************

    Understanding Financial Statements

     

    Introduction

    Financial statements tell the story of a business. The abundance of data contained in the financial statements urges the board and management of business organizations to rely upon them in coming up with sound decisions and in plotting the future of the business.

    More importantly, investors, creditors, suppliers, and analysts depend on the financial statement data in assessing the financial health of a business. Hence, it becomes imperative for both the preparers and users of financial statements to clearly figure out the structure and contents of the financial statements.

    This seminar provides the participants with a comprehensive knowledge on the various elements that comprise the financial statements, including their nature, classification, measurement, and presentation. It covers the accounting information system that the business must put in place to ensure that financial statements are fairly presented and generated on time.

    Discussions will include the interrelationship of accounts and the links among the different financial statements. The seminar concludes with analyzing the contents of the financial statements to make them more meaningful to users.

     

    Learning Objectives:

    At the end of the seminar, the participants will be able to:

    • Explain the attributes and processes that comprise an accounting information system and their interrelationship;
    • Describe the regulatory regime, standards, and frameworks that serve as guide in financial accounting and preparation of financial statements;
    • Illustrate the structure and contents of the statement of financial position, statement of comprehensive income, and statement of cash flows and discuss their relationship
    • Demonstrate the contents and importance of the notes to financial statements;
    • Analyze the financial health of a business organization based on the financial statements.

     

    Outline of Topics

    1.   Key Business Activities. This explains how the business undertakes the financing, investing, and operating activities and the role of the managers on these activities.

    2.   The Financial Reporting Environment. This covers the current developments pertaining to the preparation of the financial statements as required by regulatory bodies.

    3.   The Structure and Contents of the Financial Statements. This covers the classification of accounts as shown in the financial statements and the contents of the balance sheet, income statement, and statement of cash flows.

    4.   Financial Analytical Tools and Techniques

    • Liquidity
    • Asset management or activity
    • Leverage
    • Profitability
    • Marketability


    5.   Integrated Tools in Analyzing Business Performance

    • Du Pont Method of Financial Analysis
    • Financial Leverage

     

    Target Participants

    Business owners and executives; and managers, officers, and staff performing the following functions: finance, accounting, marketing, operations, human resources, credit analysis and evaluation, purchasing, planning, supply chain, and investment management.

    RESOURCE SPEAKER – DR. RUFO R. MENDOZA

    • Dr. Rufo R. Mendoza was a member of the Professional Regulatory Board of Accountancy for seven years, where he was the Vice-Chair for three and a half years. He was also the Chair of the PRC’s Continuing Professional Development Council for Accountancy for five years. In his tenure in the BOA, he represented the country in the ASEAN Meetings of Professional Regulatory Authorities for the Mutual Recognition Arrangement on Accountancy Services. He was also the country’s delegate to the APEC Senior Officials Meeting in Accounting Services. He was PICPA’s national awardee as Outstanding CPA in Professional Development in 2008 and Outstanding CPA in Government Service in 2010.
    • He has more than 20 years of experience in external audit and internal audit of private businesses. He has 15 years of extensive experience in consulting with international development organizations in the area of public financial management that covers the internal control system, risk management, and internal audit. He was Consultant at World Bank, UNDP, European Commission, Australian Agency for International Development, and United States Agency for International Development.
    • He has a master’s degree in development management and a Ph.D. in community development and agribusiness management both from the University of the Philippines Los Baños, where he was awarded membership in three international honor societies.
    • He taught in the graduate school of leading universities in the Philippines, including the Asian Institute of Management, Ateneo de Manila University’s School of Government, UP Open University, University of Philippine Los Baños, and De La Salle Lipa.
    • Currently, he is a National Capacity Development Expert at the Asian Development Bank.

     

    IMPORTANT REMINDERS

    LIMITED SLOTS. Limited slots are available. To avoid last-minute delays and inconveniences, we advise you to please register at the latest two days or one day before the webinar event.

    REGISTRATION. You must register or be registered by someone else to be able to join our webinars.  Webinar access links are strictly sent through email therefore make sure you indicate the right email addresses for the participants. Please indicate how many participants you wish to include before hitting the REGISTER NOW button.

    CHECK OUT. When you go to the Checkout Page, double-check the number of participants you have to register, if you change your mind or wish to make last-minute adjustments, do not forget to update your cart by clicking the UPDATE CART button.  Once everything is final, you may now click the PROCEED TO CHECK OUT button.

    BILLING DETAILS AND THE NAMES OF THE PARTICIPANTS. On the upper portion, you have to enter your details (esp. your email address) as the one paying for the registration. Underneath, you have to enter the details (esp. the email addresses) of the participants you wish to join the webinar.

    PAYMENT

    POWERMAX provides three (3) payment options:
    (1) Bank Deposit/Online Bank Transfer
    (2) G-Cash
    (3) PayPal/Credit or Debit Card Through PayPal 

    Bank Deposit or Online Bank Transfer / G-Cash
    If you choose Bank Deposit/Online Bank Transfer or G-Cash, you have to send the proof of payment to info@powermax.ph.

    IMPORTANT:  Proof of payment must be sent to info@powermax.ph.  Failure to send the proof of payment to info@powermax.ph means the participants will not receive the webinar links even if the proof of payment is sent to other contact details of Powermax or its representatives (e.g., Facebook, Messenger, Viber, other email addresses, etc.).

    Payment Through PayPal
    If you choose to pay for your registration using PayPal you may do so.  Please take note that PayPal also accepts Debit Cards and Credit Cards bearing the VISA and Mastercard logo. Unlike the Bank Deposit/Online Bank Transfer, the PayPal process automatically updates our system to issue the participants their access to our webinars.

    WEBINAR ACCESS LINKS.  Once payment is made and verified, we can activate the spot on the webinar then we can send the webinar access links to the email addresses of the participants – this only goes with Bank Deposit/Online Bank Transfer / G-Cash.  However, for payments made using PayPal, the activation process is automatic. Note that your webinar access link cannot be shared with anyone else.  If you cannot attend on the date and time of the webinar kindly advise us at the latest one day ahead.

     

    POWER WEBINARS. Powermax live webinars are designed to give you an incisive insight into a plethora of interesting and relevant topics using Zoom technology. It aims to uncork the latest updates, best practices, useful strategies, and tactics, and/or practical tips and techniques not just to widen your horizon but also to equip you with the essential knowledge and skills. Hopefully, this will also encourage you to register for the other webinars of Powermax. Just visit our site – www.powermax.ph to see our other webinars.

    A PLEASANT WEBINAR EXPERIENCE

    To ensure a pleasant webinar experience, we recommend to registrants to:

    1. Download and install the Zoom application beforehand
    2. Ensure that there is a proper internet WIFI connection
    3. Use a working webinar streaming device.

     

    TERMS AND CONDITIONS

    1. Definition of Terms
      • REGISTRANT – The person who has registered himself or other people for a webinar of Powermax
      • ENROLLEE(S) – The person(s) registered by the REGISTRANT
      • PAID REGISTRANT – The registrant who has paid in full for the registration of the ENROLLEE(S)
      • ATTENDEE(S) – The enrollee(s) who has / have actually attended the webinar
    2. The Official Receipts will be made available for pick up at the office of

    Powermax Consulting Group. If you need a soft copy, we can take a picture of it and send you a copy online. However, if you want the physical copy delivered to your office, you can arrange with and pay for a local courier service like Lalamove or Grab Express.

    1. Sharing of the presentation materials depends on the webinar speaker.

    (a) Some speakers willingly share their materials while others don’t.
    (b) For the speakers who are willing to share their presentation materials

    • Some prefer that the materials be sent in advance while others prefer that they be sent after the webinar
    • Some prefer that the handouts to be given to the attendees are different from the PowerPoint files that they use and will not share the PPT files

    Powermax cannot guarantee that the presentation materials of each webinar will be shared, or shared in advance, or will be the same as the PPT file of the speaker.

    1. By joining the webinar of Powermax, you consent to interviews, photography, audio recording, video recording and its / their release, publication, exhibition, or reproduction to be used for news, web casts, promotional purposes, telecasts, advertising, inclusion on web sites, or for any other purpose(s) that Powermax, its vendors, partners, affiliates and/or representatives deems fit to use. You release Powermax, its officers and employees, and each and all persons involved from any liability connected with the taking, recording, digitizing, or publication of interviews, photographs, computer images, video and/or or sound recordings.Any form of video, image or audio recording during the webinar is not allowed unless with the express permission of the speaker and the management of Powermax Consulting Group.
    2. By entering the event premises (conference venue or Zoom meeting platform), you waive all rights to any claims for payment or royalties in connection with any exhibition, streaming, webcasting, televising, or other publication of these materials, regardless of the purpose or sponsoring of such exhibiting, broadcasting, webcasting, or other publication irrespective of whether a fee for admission or sponsorship is charged. You also waive any right to inspect or approve any photo, video, or audio recording taken.
    3. Any form of video, image or audio recording during the webinar is not allowed unless with the express permission of the speaker and the management of Powermax Consulting Group.
    4. Your registration fee entitles your enrollee(s) to a slot in a webinar you have paid for but no record of the video of the webinar will be shared.
    5. If an enrollee fails to join the webinar because Powermax fails to give the webinar link, the payment of his / her REGISTRANT will be refunded in full or if the REGISTRANT prefers, the payment will be rolled over to other webinars of his / her choice.
    6. If an enrollee advises Powermax five (5) days before the scheduled date of the webinar that he / she cannot attend it, the payment for that slot will be rolled over to another webinar. But if he / she avails of the presentation materials of that webinar (assuming the speaker has shared the materials), the payment cannot be rolled over to another webinar.
    7. If an enrollee fails to attend a webinar and also fails to advise Powermax five (5) days before the scheduled date of the webinar, the presentation materials of that webinar (assuming the speaker has shared the materials) will be given to him / her but there will be no option for rollover.
    8. If an enrollee fails to attend a webinar because of a technical glitch on his / her device but other enrollees manage to join the said webinar, there will be no liability on the part of Powermax unless it can be established that there is a clear fault by a representative of Powermax.
    9. Certificates will be given to the ATTENDEES only.
    10. Questions or clarifications about the subject matter of a webinar can only be entertained by the speakers during the holding of the webinar. After the webinar, the speaker cannot be obliged to answer them though email, Facebook chat or some other means.
    11. Unless asked by the speaker or the host to talk, the attendees should not unmute their microphone to avoid distracting the session. Anyone who persists in unmuting his / her audio, despite the reminder or warning, will be removed from the webinar session.
    12. During the webinar, the ATTENDEES are not allowed to advertise any business competitive with the business of Powermax (seminars / webinars / events) or its sister company AGFI or Advertising and Gaming Fabrication, Inc. (signages, kiosks, podiums, gaming modules like tambiolo, roleta, pachinko; sticker and tarpaulin printing; and laser cutting)
    13. We want everyone to enjoy the webinar. However, we reserve the right to remove participants who are unruly or disruptive (e.g., keeps making noise, spamming the chat, etc.) and no refund will be made.

     

    Thank you and enjoy!

    Keep safe and God Bless!

    Add to cartDone

End of content

End of content