PwC Philippines Chairman and Senior Partner Alex Cabrera discusses the importance of the criminal case filed by Former Foreign Secretary Albert del Rosario and former Ombudsman Conchita Carpio Morales against Chinese President Xi Jinping and other Chinese officials for deliberate damage to environment and crimes against humanity.
PwC Philippines Chairman and Senior Partner Alex Cabrera continues his discussion on assets created through accounting and segues into year-end tax issues and how accountants overcome their year-end ordeal.
87% of internal fraud committed over the last two years were by members of management, specifically by junior, middle and senior corporate officers. In terms of principal function, the top five to which these internal fraud perpetrators belong are: Operations and Production (22%); Marketing and Sales (14%); Finance (11%); Procurement (10%); and Executive Management (10%)
If you think recording should be reflective of the transaction, the new accounting rules may change your mind. PwC Philippines Chairman and Senior Partner Alex Cabrera gives his take on the effect of these new rules on financial statements and tax returns.
