Financial Literacy_Manila May 31

For being the COOP MANAGER or the BOD CHAIRPERSON , or even a PATRONIZING COOP MEMBER you know that your company’s diligent employees work no less than 48 hours a week. They probably press on longer hours that they may not at all catch the time to become skilled about personal finance. When it comes to cash, many employees don't seem to realize what they are doing. They probably go for those appealing housing loans, car loans, personal loans, and all other types of loans, not to mention cash advances from the company. With so many charges escalating, they may never accumulate adequate retirement funds. Many workers don't have a rational discernment of how to save for retirement. And yet, their present financial condition is not as satisfying either. Moreover, financial worries of the non-retiring personnel as well could torment and disturb their work performance before long.

NOW is the time for them to be aware about

FINANCIAL LITERACYand it is YOU

who ought to convey that consciousness to them.It is YOUR responsibility to raise their understanding of personal finance.

The Cooperative and Resource Management, Inc. hereby invites you to a seminar on May 31, 2014 Saturday

at Bayview Park Hotel Manila (1118 Roxas Boulevard cor. UN Avenue Manila),

with Atty. Jonathan P. Capanas, CPA as our resource speaker.

It will be an entire day (9:00a.m. promptly up to 5:00p.m.) of discussion on the following:

Financial Goal Setting – What are the factors affecting our financial decisions?

o Investing Fundamentalso Budgeting and Saving o Expense Managemento Credit – How does one use it properly?

Need vs. Want Management - Why does an income hardly reach the next pay day?

Financial Freedom and Prosperity – How does one magnetize and sustain it?

Pay Increase – Is it enough? Tax-free Income – How does one maximize his take home

pay? Financial Problem and Work Performance – How does

one manage to prevent conflict between the two? Financial Preparation for Retirement

The seminar fee of Php3,950.00 is inclusive of a Certificate with Official Receipt, morning and afternoon snacks, and lunch.

AVAIL OF SURE SEATS.REGISTER NOW!

To find out more about this seminar and/or make your reservation, kindly contact us through: cellphone #: 0917-3281634, landline: 032-4162952 / 032-4162953, email: [email protected]

“Personal finance is to financial literacy what being able to read one's own handwriting is to literacy.”

mailto:[email protected]

-Wikipedia-

Who Should Attend:

• Board Chair and Directors • Audit Committee Chair & Members • Owners of Corporations • Members of Top Management • Auditors & Accountants • Business Consultants

With SECs mandatory requirement for corporations’ board of directors to practice good corporate governance comes the importance of having a functioning audit committee headed by a member of the board.

This program is for board chairmen, directors, and members of management who wish to fully understand what an audit committee does and does not do. The comprehensive coverage includes the top 10 best practices for audit committees, how to craft the working program and agenda aligned with the audit committee charter, how it should relate to the board and have a constructive relationship with management, reading and spotting key issues in audit reports, special investigation and financial reporting function, risk assessment protocols and tools, and solutions to challenges and problems faced by audit committees.

Get free templates and practical reference materials that you can use and apply immediately to simplify your work and save time in crafting an audit committee program. This is for those who are really serious about improving the effectiveness of the board and audit committees’ performance.

Lecturer 1: Atty. Rosario S. Bernaldo, CPA, MBA, is the president of the Corporate Governance Institute of the Philippines (CGIP). She is the founder and managing partner of law and accounting firms Bernaldo, Directo and Po Law Offices and R.S. Bernaldo and Associates, which comprises more than 120 accountants and lawyers.

Lecturer 2: Lilian S. Linsangan, CPA, CIA, CFE, CCSP, partner-in-charge and head of Specialist Advisory Services Division of Punongbayan and Araullo. She has over 25 years of experience in the audit of local and multinational companies in various industries. She headed P&A’s audit division until 2008. Presently, she is the president of the Association of Certified Fraud Examiners.

Lecturer 3: Juan Carlos B. Robles, CPA, CIA, CFE, CISA, concurrently holds 3 positions at Punongbayan and Araullo as chairman of its audit committee, partner of risk management and partner of specialist advisory services division. He has over 20 years of combined experience in public accounting, government auditing, internal audit, forensic audit, risk management and business consulting. He is a CPA both in the U.S. and the Philippines.

Seminar Investment is P12,980 inclusive of Meals, Resource Kit, & Certificate of Attendance

CORPORATE GOVERNANCE BEST PRACTICESBOARD DIRECTORS' GUIDE FOR AUDIT COMMITTEES

EDSA SHANGRI-LA HOTEL, MANDALUYONG CITY, PHILIPPINES9:00 AM TO 5:00PM, JULY 21 & 22, 2011

COURSE OUTLINE DAY 1: Thursday, July 21, 2010

Lecturer 1: Atty. Rosario S. Bernaldo, CPA President, Corporate Governance Institute of the Philippines Managing Partner, R.S. Bernaldo & Associates Managing Partner, Bernaldo, Directo and Po Law Office

1. PUTTING AUDIT COMMITTEES IN THE CONTEXT OF GOOD GOVERNANCEHow can audit committees contribute to good governance?What are the benefits of an effective audit committee?What is the relevant regulatory guidance? OECD Principle and SEC Memo 6-2009How is the effectiveness of the audit committee affected by the organization’s culture?How do group boards or subsidiary company boards or boards of small associations obtain assurance?

2. DECIDING WHAT THE AUDIT COMMITTEE DOES AND DOES NOT DOWhat must the board do itself?How can the board achieve an appropriate level of delegation and give real authority to the audit committee?How does the audit committee relate to the board?How does the audit committee establish a constructive relationship with management?How does the audit committee communicate with the auditors?How can the audit committee best handle ‘in camera’ meetings?How can we be clear about what the audit committee does not do?

3. SELECTING THE CHAIR AND COMMITTEE MEMBERSWhat makes a good chair of an audit committee?What is the optimum size for an audit committee?Who sits on the audit committee?Who else should attend audit committee meetings?What skills and experience do audit committee members need?What competencies and attributes do audit committee members need?What induction and training do audit committee members need?

4. PLANNING THE AUDIT COMMITTEE’S WORK PROGRAMMEHow often should the audit committee meet, when and for how long?How can the audit committee manage its work plan and agenda?How does the audit committee input to the audit plan?How does internal audit link to the business planning process and priorities?How can the audit committee keep track of the implementation of recommendations?

Lecturer 2: Lilian S. Linsangan, CPA, CIA, CFE, CCSP Partner and Division Head, Specialist Advisory Services Punongbayan & Araullo

1. TOP TEN BEST PRACTICES FOR AUDIT COMMITTEES Audit Committee Charter Independent and Candid Communication Self- Assessment

2. MEETING AUDIT COMMITTEE CHALLENGESA New Level of Audit Committee Involvement in: a. Corporate Governance b. Risk Management c. Internal Control d. Reliability of Financial statements / Financial Reporting

3. READING AUDIT REPORTSWhat should raise alarm bells in the external audit management letter?How do you ensure you have spotted all the key issues in an internal audit report?What should you look for in the chief executive’s annual report on the effectiveness of internal controls?

4. APPRAISING THE PERFORMANCE OF THE AUDITORSHow do you review the auditor’s performance?What are the auditor’s qualifications?What is the auditor’s experience and resources?How do you judge the auditor’s effectiveness?How do you secure the independence of the auditors?

DAY 2: Friday, July 22, 2010

Lecturer 3: Juancho B. Robles, CPA, CIA, CFE, CISA, AQV, MM Chairman, Audit Committee Partner, Risk Management Partner, Specialist Advisory Services Punongbayan & Araullo

1. RISK MANAGEMENT TOOLS FOR THE AUDIT COMMITTEE

a. The Risk Management Process i. What is the role and purpose of risk management in your company? ii. How can your Audit Committee help implement enterprise-wide risk management in your company?

b. Risk Management Activities i. What are the various risk management activities? ii. Who are involved in conducting risk management in a company?

c. Key Risk Areas of the Audit Committee: i. How do you address or manage the following key risk areas related to the functions of your Audit Committee?

• Performance of oversight functions • Management Activities • Internal Auditors • External Auditors • Monitoring and evaluation of the company’s internal control system • Review of financial statements and related reports • Monitoring compliance with laws and regulations • Trainings • Meetings • Special investigations • Charter and assessment of audit committee’s performance

2. ASSESSING AND APPRAISING THE AUDIT COMMITTEE’S EFFECTIVENESSHow can an audit committee assess its performance?How can such exercises be used to improve effectiveness?How can individual audit committee members’ performance be assessed?How does all of this improve the effectiveness of governance?

3. DEALING WITH EXTRAORDINARY EVENTSHow does the audit committee deal with whistle blowing?How does the audit committee deal with fraud or impropriety?When, and how, should the audit committee commission a special investigation?What role has the audit committee with accounting policies?How does the audit committee deal with the resignation of auditors?

4. PROCURING AUDIT SERVICESWhy should the audit committee be involved?How do you decide who to invite?What should be in the invitation to tender?How should the selection criteria be set?What information should be provided to tendering firms?Who should attend the scoping meeting?What about the proposal?How should you run the presentation?

FREE REFERENCE MATERIALS TO BE GIVEN TO REGISTERED PARTICIPANTSa) Examples of audit committee terms of referenceb) Example of an audit committee annual reporting work planc) Slide exemplifying timelines and sequence of reporting for internal controls assuranced) Example of questions on the internal audit plane) Example of report monitoring internal audit reviews

f) Slide exemplifying where internal controls assurance fits into the overall frameworkg) Example of report tracking internal audit recommendationsh) Example of an invitation to tender for external auditi) Example of an external audit independence protocolj) Example of a brief for a special investigationk) Example of questions for an audit committee’s self-assessment of its effectivenessl) References and further reading

-----------------------------------------------------------------------------------------------------------------------------------------------------------------------SEMINAR FEE PER PERSON: P 12,980 (Fee covers Meals, Resource Kit, Certificate of Attendance)

GET AS MUCH AS 15% DISCOUNT! AVAIL OF ANY OR ALL OF THE FOLLOWING:

• Less 5% for early registrants (on registrations made on or before June 21, 2011)• Less 5% for early payment (if made on or before July 11, 2011)• Less 5% for group registration (minimum of 3 participants)

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Life begins at forty --- so they say. And it ends without certainty. Just how equipped are you for the future? How sufficient is your preparation to retire --- “in style”?

And with life’s unexpected twists and turns, how ready are you to lose your job?

For being such a hardworking COOPERATIVE MANAGER, BOARD DIRECTORS, or OFFICERS, perhaps you have diligently worked no less than 48 hours a week. Probably, you even press on longer hours than the rest of your contemporaries, that you may not at all catch the time to become skilled about personal finance. You look at your colleagues and staff and you realize that when it comes to cash, many of us don't seem to realize what we are doing. We probably go for those appealing housing loans, car loans, personal loans, and all other types of loans, not to mention cash advances from the Cooperative. With so many charges escalating, we may never accumulate adequate retirement funds. Many workers don't have a rational discernment of how to save for retirement. And yet, their present financial condition is not as satisfying either. Moreover, financial worries of the non-retiring personnel as well could torment and disturb their work performance before long.

Don’t be left behind. Join the merits of our satisfied clientele who have pondered.You owe it to yourself to raise your understanding of personal finance.

NOW is the time for You to be more aware about

FINANCIAL LITERACY; and it is YOU

who ought to convey that consciousness to your staff and colleagues.

The Cooperative and Resource Management, Inc. hereby invites you to a seminar

on November 11 & 12, 2010at CAMP ZUBU (Golden Heights , Ylaya Talamban, Cebu City),

with Atty. Jonathan P. Capanas, CPA (Dean – University of San Jose Recoletos School of Law, Corporate and Tax

Practitioner, Realtor, Entrepreneur)as our resource speaker.

This seminar is

EXCLUSIVELY FOR ELECTRIC COOPERATIVES

AND COMES WITH A REVIEW OF TAX EXEMPTIONS.

It will be a series of sessions on the following: Financial Goal Setting – What are the factors affecting our financial

decisions?o Investing Fundamentalso Budgeting and Saving o Expense Managemento Credit – How does one use it properly?



Pay Increase – Is it enough? Tax-free Income – How does one maximize his take home pay? Financial Problem and Work Performance – How does one manage to

prevent conflict between the two? Financial Preparation for Retirement Review of Tax Exemptions of Electric Cooperatives

The seminar fee of Php4,900.00 is inclusive of a Seminar Certificate with Official Receipt,

Seminar materials, meals, dorm type accommodation (limited and by reservation only) at CAMP ZUBU

and a day of learning excursion in Cebu.AVAIL OF SURE SEATS.

SIGN UP NOW!To find out more about this seminar and/or make your reservation, kindly contact us through:

cellphone #: 0917-3281634, landline: 032-4162952 / 032-4162953, email: [email protected]


-Wikipedia-

For being the EXECUTIVE DIRECTORS, you know that your diligent employees and beneficiaries work no less than 48 hours a week. They probably press on longer hours that they may not at all catch the time to become skilled about personal finance. When it comes to cash, many employees don't seem to realize what they are doing. They probably go for those appealing housing loans, car loans, personal loans, and all other types of loans, not to mention cash advances from the institution. With so many charges escalating, they may never accumulate adequate retirement funds. Many workers don't have a rational discernment of how to save for retirement. And yet, their present financial condition is not as satisfying either. Moreover, financial worries of the non-retiring personnel as well could torment and disturb their work performance before long.


FINANCIAL LITERACYand it is YOU who ought to convey that consciousness to them.

It is YOUR responsibility to raise their understanding of personal finance.This seminar will be coupled with another equally valuable session on

Updates on Tax Exemptions for Foundations, NGOs and other Non-stock, Non-profit Organizations

as well as Jurisprudence on Labor.

The Cooperative and Resource Management, Inc. hereby invites you to a

seminar on September 29, 30 & October 1, 2010 at Camp Zubu with Atty. Jonathan P. Capanas,

CPA as our resource speaker.

It will be a 3-day discussion on the following: Financial Goal Setting – What are the factors affecting our financial





prevent conflict between the two? Financial Preparation for Retirement Updates on Tax Exemption for Foundations, NGOs, and other Non-

stock, Non-profit Organizations as well as Jurisprudence on Labor


The seminar investment of Php 6,500.00 includes snacks and main meals, dorm type accommodation at

Camp Zubu (Golden Heights, Ylaya Talamban, 6000 Cebu City),Seminar Materials, Two Seminar Certificates with Official Receipt and Cebu City tour.

AVAIL OF SURE SEATS. REGISTER NOW!



-Winkipedia-



For being such a hardworking ADMINISTRATOR, HEAD OF OFFICE, or ACCOUNTANT, perhaps you have diligently worked no less than 48 hours a week. Probably, you even press on longer hours than the rest of your contemporaries, that you may not at all catch the time to become skilled about personal finance. You look at your colleagues and staff and you realize that when it comes to cash, many of us don't seem to realize what we are doing. We probably go for those appealing housing loans, car loans, personal loans, and all other types of loans, not to mention cash advances from the employer. With so many charges escalating, we may never accumulate adequate retirement funds. Many workers don't have a rational discernment of how to save for retirement. And yet, their present financial condition is not as satisfying either. Moreover, financial worries of the non-retiring personnel as well could torment and disturb their work performance before long.



FINANCIAL LITERACYand it is YOU


The Cooperative and Resource Management, Inc. hereby invites you to a seminar on October 5, 6 & 7, 2010

at CAMP ZUBU (Golden Heights , Ylaya Talamban, Cebu City),with Atty. Jonathan P. Capanas, CPA

(Dean – University of San Jose Recoletos School of Law, Corporate and Tax Practitioner, Realtor, Entrepreneur,) as our resource speaker.

It will be a series of sessions on the following: Financial Goal Setting – What are the factors affecting our financial decisions?

o Investing Fundamentalso Budgeting and Saving o Expense Managemento Credit – How does one use it properly?


Financial Freedom and Prosperity – How does one magnetize and sustain it? Pay Increase – Is it enough? Tax-free Income – How does one maximize his take home pay? Financial Problem and Work Performance – How does one manage to prevent

conflict between the two? Financial Preparation for Retirement

The seminar fee of Php5,300.00/per participant is inclusive of a Seminar Certificate with Official Receipt, Seminar materials, meals, dorm type accommodation for 3 days and 2 nights (limited and by reservation only) at

CAMP ZUBU and a day of learning excursion in Cebu.

AVAIL OF SURE SEATS.


SIGN UP NOW!To find out more about this seminar and/or make your reservation, kindly contact us through: cellphone #: 0917-3281634, landline: 032-4162952 / 032-4162953, email: [email protected]


-Wikipedia-

Note: Civil Service Commission (CSC) Circular No. 43 s. 1993 and Department of Budget and Management (DBM) Circular 442 allow government officials and employees to attend privately sponsored seminars/trainings.

For being the EXECUTIVE DIRECTORS, you know that your diligent employees and beneficiaries work no less than 48 hours a week. They probably press on longer hours that they may not at all catch the time to become skilled about personal finance. When it comes to cash, many employees don't seem to realize what they are doing. They probably go for those appealing housing loans, car loans, personal loans, and all other types of loans, not to mention cash advances from the institution. With so many charges escalating, they may never accumulate adequate retirement funds. Many workers don't have a rational discernment of how to save for retirement. And yet, their present financial condition is not as satisfying either. Moreover, financial worries of the non-retiring personnel as well could torment and disturb their work performance before long.




Updates on Tax Exemptions for Foundations, NGOs and other Non-stock, Non-profit Organizations

as well as Jurisprudence on Labor.


seminar on September 29, 30 & October 1, 2010 at Camp Zubu with Atty. Jonathan P. Capanas,

CPA as our resource speaker.





Pay Increase – Is it enough? Tax-free Income – How does one maximize his take home pay?


Financial Problem and Work Performance – How does one manage to prevent conflict between the two?

Financial Preparation for Retirement Updates on Tax Exemption for Foundations, NGOs, and other Non-

stock, Non-profit Organizations as well as Jurisprudence on Labor






-Winkipedia-



For being such a hardworking ADMINISTRATOR, HEAD OF OFFICE, or ACCOUNTANT, perhaps you have diligently worked no less than 48 hours a week. Probably, you even press on longer hours than the rest of your contemporaries, that you may not at all catch the time to become skilled about personal finance. You look at your colleagues and staff and you realize that when it comes to cash, many of us don't seem to realize what we are doing. We probably go for those appealing housing loans, car loans, personal loans, and all other types of loans, not to mention cash advances from the employer. With so many charges escalating, we may never accumulate adequate retirement funds. Many workers don't have a rational discernment of how to save for retirement. And yet, their present financial condition is not as satisfying either. Moreover, financial worries of the non-retiring personnel as well could torment and disturb their work performance before long.



FINANCIAL LITERACY AND MANAGEMENTand it is YOU


The Cooperative and Resource Management, Inc. hereby invites you to a seminar on October 12, 13 & 14, 2010

at CAMP ZUBU (Golden Heights , Ylaya Talamban, Cebu City),with our principal resource speaker Atty. Jonathan P.

Capanas, CPA. (Dean – University of San Jose Recoletos School of Law, Corporate and Tax Practitioner, Realtor, Entrepreneur,)

It will be a series of sessions on the following: Financial Goal Setting – What are the factors affecting our financial






prevent conflict between the two? Financial Preparation for Retirement

The seminar fee of Php5,300.00 is inclusive of a Seminar Certificate with Official Receipt,

Seminar materials, meals, dorm type accommodation (limited and by reservation only) at CAMP ZUBU

and a day of learning excursion in Cebu.

Civil Service Commission (CSC) Circular No. 43 s. 1993 and Department of Budget and Management (DBM) Circular 442 allow government officials and employees to attend privately sponsored seminars/trainings.

AVAIL OF SURE SEATS.SIGN UP NOW!

To find out more about this seminar and/or make your reservation, kindly contact us through:cellphone #: 0917-3281634, landline: 032-4162952 / 032-4162953, email: [email protected]


-Winkipedia-

For being the SCHOOL ADMINISTRATORS, you know that your diligent employees work no less than 48 hours a week. They probably press on longer hours that they may not at all catch the time to become skilled about personal finance. When it comes to cash, many employees don't seem to realize what they are doing. They probably go for those appealing housing loans, car loans, personal loans, and all other types of loans, not to mention cash advances from the institution. With so many charges escalating, they may never accumulate adequate retirement funds. Many workers don't have a rational discernment of how to save for retirement. And yet, their present financial condition is not as satisfying either. Moreover, financial worries of the non-retiring personnel as well could torment and disturb their work performance before long.


FINANCIAL LITERACYand it is YOU who ought to convey that consciousness to them.00


Updates on Tax Exemption for Private Schoolsand Jurisprudence on Labor.


seminar on September 15, 16 & 17, 2010 at Camp Zubu



decisions?o Investing Fundamentalso Budgeting and Saving


o Expense Managemento Credit – How does one use it properly?




prevent conflict between the two? Financial Preparation for Retirement Updates on Tax Exemption for Private Schools and Jurisprudence on

Labor






-Wikipedia-

For being the SCHOOL ADMINISTRATORS, you know that your diligent employees work no less than 48 hours a week. They probably press on longer hours that they may not at all catch the time to become skilled about personal finance. When it comes to cash, many employees don't seem to realize what they are doing. They probably go for those appealing housing loans, car loans, personal loans, and all other types of loans, not to mention cash advances from the institution. With so many charges escalating, they may never accumulate adequate retirement funds. Many workers don't have a rational discernment of how to save for retirement. And yet, their present financial condition is not as satisfying either. Moreover, financial worries of the non-retiring personnel as well could torment and disturb their work performance before long.




Updates on Tax Exemption for Private Schoolsand Jurisprudence on Labor.


seminar on September 22, 23 & 24, 2010 at Camp Zubu








prevent conflict between the two? Financial Preparation for Retirement Updates on Tax Exemption for Private Schools and Jurisprudence on

Labor






-Winkipedia-

ATTENTION: THE CHAIRMAN/MANAGER/COMMITTEE CHAIRMAN

Cooperative and Resource Management Center, Inc.

Invites you to

AN IN DEPTH 2-day Seminar/Workshop on

January 28 & 29, 2010 (Thursday & Friday )

FINANCIAL LITERACY


CAMP Zubu, Ylaya, Talamban, Cebu City

An effective tool for managers and for the financial advancement of the Coop Members:

1. What are the different financial statements required under the law rules and regulations

that the coop must prepare and submit to what government agencies?

2. What is the importance of the different financial statements used by cooperatives? Why

do cooperatives have to prepare budgets?

3. Are directors and officers required to know how to prepare financial statements?

4. How to read, analyze and interpret the financial statements?

Registration Fee: 5,000.00 per participant inclusive of 1 night lodging (dormitory type good for 6 pax), 2 breakfast, 2 lunch, 2 dinner and 5 snacks, complete seminar materials/seminar kit, certificate of appearance/attendance with official receipt and CITY TOUR.

Note: Reserve now and Book your trip tickets early to AVAIL of the DISCOUNTED RATES of the AIRLINE COMPANIES seminar/workshop is strictly by reservation basis.

For more info, inquiries and reservation of slots: Please contact us thru 0917-3281634 or email us @ [email protected] or thru landline (032) 4162952/(032) 4162953

----------------------------------------------------------------------------------------------------

RESERVATION SLIP (Please resend this to 032-4162952 or text us @ 09173281634)

Name: __________________________________________________________

Coop Name: _____________________________________________________

Address & Contact Number: _______________________________________


OPTIMIZING TAX SAVINGS FOR REAL ESTATE TRANSACTIONSA TAX PLANNING PROGRAM WITH COMPREHENSIVE UPDATES, CASES &

REGULATIONS1.5 days - starts at 9:00am, Thursday & Friday, July 28 & 29, 2011

Edsa Shangri-La Hotel, Mandaluyong City, Philippines

There are various tax avoidance schemes available under the law that would allow taxpayers, particularly persons engaged in real estate business, such as real estate dealers, developers and lessors as well as contractors, brokers, and owners of real

property, to reduce their tax liabilities without violating Tax Code provisions.

This comprehensive tax planning program will discuss the legally permissible means of avoiding taxes. Updates, examples, and specific situations will be discussed thoroughly to guide participants in executing their plans or solving their tax problems

and issues effectively.

COURSE OUTLINE

1. Income Tax & Withholding Tax a. Different Income Taxes on Real Property Transactions • Regular Corporate Income Tax • Minimum Corporate Income Tax • Capital Gains Tax • Tax On Dividends (See Details on Item 3) • Improperly Accumulated Earnings Tax • Income Tax on Estates & Trusts b. Global tax system vs. schedular tax system c. Nature of Assets: Capital Ordinary assets - Transfer for Insufficient Consideration d. Original basis and substituted basis of assets e. Type of Taxable Persons • Corporation I. Engaged in real estate business II. Not Engaged in real estate business • Special Entity (e.g. SPV, Trusts) • Joint Venture Engaged in Construction Activity • Co-Ownership • Husband and Wife • Condominium Corporation • Non-stock, Non-profit Corporation or Association • Cooperatives • Alien • Estate of a Deceased Persons

f. Tax Exemptions and Tax Incentives • Tax Exemption Under the Constitution • Tax Exemption Under the Tax Code I. General Professional Partnerships II. Joint Ventures III. Sale of Principal Residence IV. Tax-Free Exchanges i. Types Under the Tax Code - Merger or Consolidation - Exchange of Property for Shares of Stocks ii. Conditions for the Availment of Tax Free Exchanges iii. Tax Avoidance vs. Tax Evasion iv. Sale of Real Property vs. Sale of Shares of Stocks V. Local Government Code VI. Special Laws i. BOI ii. BOT iii. PEZA iv. SBMA v. Other Special Laws (CARP, NHA, BMBE, etc)

g. Real Estate Investment Trust (REIT) Law (RA 9856) h. Urban Development and Housing Act (RA 7279) i. Real Estate Service Act j. Expanded Withholding Taxes: Habitually or Not Habitually Engaged in Real Property Biz • EWT Rates • Gross Selling Price • Installment Sales • Time to Deduct and Withhold Tax

2. Deferment of Recognition of Income a. Types of Installment Sales • Sale on the Installment Plan • Sale on Deferred Payment Basis, not on the Installment Plan

3. Dividend Declaration Planning a. Types of Dividends i. Cash Dividend ii. Property Dividend iii. Stock Dividend iv. Liquidating Dividend b. When to Declare Dividend or to Dissolve Corporation c. When to Use Subsidiary or Branch of a Foreign Corporation d. Ways to Avoid Imposition of Improperly Accumulated Earnings Tax

4. VAT and Other Percentage Taxes a. Output tax on sales and leases of real property b. Exempt transactions i. Sale of capital assets ii. Sale of socialized housing and low-cost housing iii. Sale of residential lot and residential house and lot iv. Lease of residential units c. Input taxes i. Transitional input tax on land and improvements ii. Allocation of input taxes

5. Documentary Stamp Taxes a. Person Liable to Tax b. Documents/ Transactions Subject to Tax c. When Taxable? d. Taxable Documents • Sale or exchange of real property • Lease of real property • Mortgage of real property • Interest in Real Property • Loan agreements • Promissory Notes • Bonds, Debentures and certificates of Indebtedness • Deed of Trust • Certificate

e. Time to Pay DST f. Venue for Filing of DST g. Certificate Authorizing Registration (CAR)

6. Transfer Taxes a. Donor’s tax • Donation vs. Inheritance • One or Two Donors • Donation in One Year or Several Years

b. Estate tax: Planning and Tax Avoidance Schemes • Splitting of Income • Deferment of Income or Acceleration of Deductions • Tax Incentive Laws • REIT law • Conversion of Nature of Asset or Income • Donation • Trust

7. Local Business Taxes and Real Property Tax a. Transfer Tax b. Local Business Taxes c. Real Property Tax i. Basic Real Property Tax ii. Special Education Fund iii. Tax on Idle Land iv. Basic Principles v. Computation and Basis of Real Property Tax vi. Remedies

8. COMPREHENSIVE GUIDE ON TYPES OF REAL PROPERTY TRANSACTIONS & TAX IMPLICATIONS

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------SEMINAR FEE: P11,980 (Fee covers Meals, Resource Kit, Certificate of Attendance)


• Less 5% for early registrants (on registrations made on or before June 28, 2011)• Less 5% for early payment (if made on or before July 18, 2011)• Less 5% for group registration (minimum of 3 participants)

Lecturer:

Atty. Victorino C. Mamalateo, CPA – has 40 years of professional experience in tax practice. He spent 30 years with the BIR as a career service professional, including having been assistant commissioner, and has been an active tax practitioner for 12 years. He has extensive experience in handling tax assessment and refund cases before the Court of Tax Appeals, and has published articles and several books on tax matters. He also has a solid background as a lecturer on tax issues among BIR personnel and in various colleges and universities.

Atty. Mamalateo has a master of laws degree and a certificate in International Tax from Harvard University. He currently has his own law firm, V.C. Mamalateo & Associates.

BEST PRACTICES IN HANDLINGCUSTOMS TAX AUDITS AND REMEDIESTHE PENINSULA MANILA, MAKATI CITY, PHILIPPINES9:00 AM TO 5:00 PM, FRIDAY, AUGUST 12, 2011

This program is to empower importers on how to deal fairly and squarely with the Bureau of Customs (“BOC”). We will teach you the best practices approaches on how to handle BOC tax audits/ assessments on imported goods. In this one-day seminar you will also learn everything you need to know about importers rights that matter, understand the BOC’s basis of assessment/ audit, warrants and seizures, how to craft letters to challenge the valuations/ underdeclaration charges imposed by the BOC on the imported goods as well as how to claim for overpayment.

This solutions-oriented program will extensively cover the administrative, judicial, procedural and substantive remedies to problems encountered by importers on issues of customs tax and duties with the BOC. We will share with you important lessons, real stories, updates and cases decided by the Court of Tax Appeals and the Supreme Court. This event is MCLE accredited by the Supreme Court.

COURSE OUTLINE

I. What Do You Do When You Are Being Assessed and Audited by the BOC?

- Understanding the Process in the Payment of Taxes & Duties- What Importers Really Need to Know About the Book 1 & 2 of the Customs Tariff Code?- What is the difference between Smuggling and Technical Smuggling?- What is the Rule in Underdeclaration?- What Do You Do When You Overpay Your Taxes?

II. Valuation of Imported Goods In the Bureau of Customs From The Viewpoints of Importers and Manufacturers

- What Importers Need to Know About Republic Act No. 9135 (“RA 9135) and- Customs Administrative Order No. 4-2004 (“CAO No. 4-2004”) - WTO Valuation System & General Agreement on Tariff and Trade (“GATT”)- WTO Ruling & How the Bureau of Customs Implements it

There are six (6) methods of valuation listed below to determine the dutiable value of the imported goods which would be the basis for the computation of customs tax and duties (together with the 12% Value Added Tax).

Method 1 – The transaction valueMethod 2 – The transaction value for identical goods

Method 3 – The transaction value of similar goodsMethod 4 – The dutiable valueMethod 5 – The computed valueMethod 6 – The fallback value

III. The Concept of Warrants and Seizures

- When Are Goods Considered Abandoned?

IV. Remedies to Determine Dutiable Value

How to File Formal Protest Pursuant to Section 2308 of the Tariff and Customs Code (“TCC”)

V. Finality of Liquidation of Import Entries

VI. Record Keeping and Compliance Audit

VII. Compliance Audit & the Powers of the Post Entry Audit Group

What To Do When the Customs Officer examine, audit, inspect, verify and/or investigate:

(A) The document flow;(B) The financial flow;(C) The goods inventory; and(D) Other business processes.

VIII. Failure to pay correct duties and taxes of the imported goods

(A) Negligence;(B) Gross negligence;(C) Fraud; and(D) Criminal prosecution under Section 3611 of the TCC.

IX. Common Problems & Remedies of the Importer

(A) Administrative remedies to contest the assessment of the PEAG; (i) Judicial remedies. Recourse can be made to the Court of Tax Appeals questioning the assessment made by the PEAG.

X. Manufacturers

There are times when manufacturers of locally produced goods are threatened by the influx of certain imported goods which are subject to a low valuation in which they suffer some economic loss due to dumping. The law grants them the right to file a petition to raise the dutiable value by filing an “anti-dumping” case (under RA No. 8752 [The Anti-Dumping Act of 1999] or for a “safeguard measures act” [RA No. 8800 – The Safeguard Measures Act).

Remedies to increase the valuation of imported goods which resulted from the dumping of goods which are injurious to locally produced goods.

(A) Definition of dumping.(B) Remedies/procedures to initiate anti-dumping cases.(C) Evidence needed to sustain the finding of dumping of the imported goods.(D) The imposition of countervailing duties on these imported items to protect imported goods or the imposition of provisional and definitive general safeguard measures on imported goods.(E) Latest Supreme Court, Court of Tax Appeals and the Department of Trade and Industry on the imposition of dumping duties and safeguard measures of rulings on actions with respect to the BOC.

XI. Latest Supreme Court and Court of Tax Appeals Rulings

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------SEMINAR FEE PER PERSON: P 8,250 (Fee covers Meals, Resource Kit, Certificate of Attendance)


• Less 5% for early registrants (on registrations made on or before July 12, 2011)• Less 5% for early payment (if made on or before August 2, 2011)• Less 5% for group registration (minimum of 3 participants)

BEST PRACTICES IN NEW CONSUMER PRODUCT DEVELOPMENT & NEW PRODUCT MARKETINGDRIVING BUSINESS GROWTH THROUGH SUCCESSFUL NEW PRODUCTSTHE PENINSULA MANILA, MAKATI CITY, PHILIPPINESFRIDAY, 9:00 AM TO 5:00PM, SEPTEMBER 2, 2011

COURSE OUTLINE

Successful new products are the lifeblood of every fast moving consumer goods company as old products die off and current ones stagnate. But how should a company decide which new product ideas will take off and how best to identify the one winner among the candidates, the winner which will then be given much advertising and promotion resources? Choosing the winner among the dogs is crucial as mistakes are costly.

Attend this 1-day seminar and learn best practices in the New Product Development Process, including the Stage Gate Process, Market Research Options specific to new products, 10 Drivers of New Product Success. Understand the role of product development, be able to think conceptually about new product portfolios, see the role of good market research and understand the value of being first to market. See real life business examples and 10 principles to successful new products marketing.

COURSE OUTLINE

I. Objectives Setting for Product Development Process

II. Hierarchical Guide for Product Development

III. Companies Need to Address Strategic Planning on Several Levels

IV. The Reality of Most Product Development Processes

V. The Need for On-going New Product Development A. Life Cycles B. Competition C. Consumer/Customer Needs D. New Technology E. Government Regulation

VI. Phases in Consumer Product Development

VII. The New Product Development Challenge A. Creating the right set of development projects 1. Different types of projects 2. Product line architecture and Aggregate Project Planning (APP) B. Executing these projects on target, on time and on budget 1. Different types of team structure 2. Different types of development process C. Learning across projects 1. The role of measurement and incentive systems 2. Projects as a “school” for leaders

VIII. What is a New Product Development Process? A. Stage Gate Process B. How It Works? C. The Components of a New Development Process 1. Stages 2. Gates 3. Gatekeepers

IX. New Product Development Process: Stage 0 to 6

X. Factors Common to Successful New Products

XI. Classic Symptoms of Poor Market Research

XII. New Products Pipeline: Balance, Issues, and Lessons Why Some Fail

XIII. 10 Drivers of New Product Success

XIV. Valuable Lessons on Speed to Market

XV. Product Attractiveness Scorecard

XVI. Key Questions to Answer All The Way Through

XVII. Sequence of Product Testing

XVIII. Key Decisions Throughout the Process

XIX. New Products Marketing: Proven Principles and Actual Cases

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------SEMINAR FEE PER PERSON: P7,980 (Fee covers Meals, Resource Kit, Certificate of Attendance)


• Less 5% for early registrants (on registrations made on or before August 2, 2011)• Less 5% for early payment (if made on or before August 22, 2011)• Less 5% for group registration (minimum of 3 participants)