Computerized accounting systems, on the other hand, are designed to minimize the existence of such blunders. Additions, subtractions and other calculations are performed by the machine.

Manual accounting systems have been around since ancient scribes began keeping records of taxes, tribute and temple inventories. Computerized accounting systems are barely two generations old, but ...

To help medium and large taxpayers on compliance issues, the Center for Global Best Practices will host a training program titled, “BIR Computerized Accounting System Compliance for Medium and ...

There are over 2,000 large taxpayers and many are not compliant to the Bureau of Internal Revenue Regulation 9-2009 requiring large taxpayers to have a Computerized Accounting System (CAS).