Establish Philippines is a fast growing consulting & accounting firm in Philippines offering a range of services including taxation, finance solutions, HR services, internal audit, management consulting and other related services. With years of experience in accounting, Establish Philippines is one of the best audit firms in Philippines. Ever since our inception we have been engaged in providing timely business solutions to small entities, medium firms, and large businesses based all over the world.
In our constant urge to cater to the ever changing needs of our patrons; we keep ourselves abreast with the latest developments in the world of accounting and make use of innovative technology in rendering each of the services.
Reliable Auditors in Philippines
With an aim to cater to the financial and auditing related needs of businesses based in and out of Philippines, we offer auditing solutions & accounting solutions in Philippines.
Advantages of an Audit:
In the business world, audit has become a crucial task for companies. Irrespective of the domain, it is compulsory for companies to have the right auditing services to keep an eye on their business and its future.
- Audit Helps To Detect & Prevent Errors and Frauds
- To Maintain Account Regularly
- To Get Compensation
- To Obtain Loan
- It Facilitates the Sale of Business
- To Assess Tax
- Audit Helps To Amalgamate the Company
- To Adjust Account of Deceased Partner
- To keep track of the Profit or Loss
- It Helps To Prepare Future Plan
- Audit Helps To Increase Goodwill
Philippines’s Financial Reporting Framework
The Philippines Financial Reporting Standards Council (PFRSC) adopts the Accounting standards in the country and the Securities and Exchange Commission (SEC) approves those standards. The implementation guidance on PFRSs is issued by the Philippine Interpretations Committee (PIC) formed by the PFRSC.