BIR CAS compliance for public utilities seminar

Public utility companies are invited to the one-day seminar on “BIR Computerized Accounting System Compliance for Public Utility Companies” to help those organizations who are having difficulty setting up, getting accreditation, and running a successful computerized accounting system (CAS) in compliance with the #BIR regulation 2009-9.

This program is to provide guidance and assistance to public utility companies who are large taxpayers and medium sized ones that are soon to be re-classified as large taxpayers. The event is scheduled on Dec. 1, at Manila Marriot Hotel, Pasay City. This is applicable to those classified by the government as public utility companies including electric cooperatives and those in the power generation, distribution and transmission, energy, gas, water distribution, telecoms, cable, and transportation companies. The lecture is also applicable for other types of large taxpayers.

For details and a complete list of best practices seminars including How to Optimize Tax Savings and Deductions – The Legal Way, Taxation of Hotels, Resorts and Hotel Businesses, Taxation of Construction Companies and Contractors, New Year Tax Updates and Remedies, Families’ Guide to Wills, Trusts and Inheritance, Compliance to the BIR CAS for Large Taxpayers), and more, log on to www.cgbp. org or call (+63 2) 8427148/59 and 5568968/69, Cebu: (+63 32) 5123106 or 07, Baguio: (+63 74) 4235148 or Legazpi: (+63 52) 7360148.

Given the Duterte administration’s need for more funding for infrastructure, it has set its focus as one of its priorities to press on the compliance of public utility companies.

BIR has reactivated the formation of a special task force CSET to intensify the monitoring and stricter enforcement of tax regulations. Attending this will help hurdle and solve one’s CAS issues and most importantly, prevent those dreaded BIR penalties.

There is certainly bigger accountability for officials in gov- ernment and GOCCs who are amiss with their government duties to comply on this issue.

The lecture will include discussions on the regulations and rulings, presentation of the challenges of getting BIR CAS accreditation and how to prepare for the actual system demonstration required by the BIR.

This will feature seasoned practitioner, Bienvenido Constantino, CPA. His expertise includes aligning medium to large taxpayers’ IT-based accounting systems to comply with all the BIR regulations.

He is the founder and managing director of Helix Software Technologies, an Australian IT firm specializing in cloud technologies designed for SME, large enterprises as well as for GOCCs, national government agencies and LGUs. He has assisted many large enterprises achieved BIRCAS compliance including A. Soriano Corp, Mirant, MicroD, Trends and Technologies, Mighty Corp., PCSO, Dunkin Donuts, Bounty Agro, among many.

His highly rated BIR CAS software is also presently being used for the administration of 83 buildings of Megaworld and several government agencies. His extensive experience include having worked as IT project director of World Bank projects with the Commission on Audit and the Department of Energy as well as in various USAID initiatives.

Interested participants are encouraged to avail of the early payment savings and group discount for three or more participants. Seats are limited and pre-registration is required.