EMPLOYEE BENEFITS TAX AND ACCOUNTING
Featured Speaker: Mr. Aaron Escartin, CPA
Partner – Tax Reporting and Operations, SGV
June 20, 2023
2:00 PM – 5:00 PM
Regular Rate Php 1,699.00 + VAT starting June 14, 2023
Early Bird Rate Php 1,399.00 + VAT until June 13, 2023
Group Rate Php 1,299.00 + VAT per pax for 5 – 14 pax
Super Group Rate Php 1,099.00 + VAT per pax for 15 or more pax
Inclusive of the Webinar Session, the presentation materials and the Digital Certificate
Employee Benefits Tax and Accounting
There are important tax and accounting considerations when it comes to employee compensation and benefits. It is critical that those involved should get their heads around the various subjects under this topic. What are some of the examples of short-term and long-term employee benefits and the respective tax treatment and accounting treatment? Are there employer and employee tax implications? On the other hand, what are some of the examples of termination benefits and post-employment benefits, and how are they treated from the standpoint of tax and accounting? This webinar will uncover not just the key principles, but also the practical tips to take into account in handling employee benefits tax and accounting.
A. General rules on taxation
B. Philippine Accounting Standards (PAS) 19
II. Short-Term Employee Benefits
A. Examples of Benefits
B. Accounting Treatment
C. Tax Treatment
D. Short-Term Compensated Absences
E. Tax updates
III. Long-Term Employee Benefits
A. Examples of benefits
B. Accounting treatment
C. Tax treatment
IV. Termination Benefits
A. Examples of benefits
B. Accounting treatment
C. Tax treatment
V. Post-Employment Benefits
A. Types of benefits
B. Accounting treatment
C. Tax treatment
D. Tax updates
Questions & answers
Featured Speaker – Mr. Aaron Escartin, CPA
- Mr. Aaron Escartin, or “Ace” to his friends, is a CPA and a partner in SGV’s Tax Reporting and Operations Group. He handles tax compliance (review and outsourcing), tax due diligence review, tax planning, tax test of controls, SOX compliance, tax accounting services (income tax provisioning, deferred income tax review and calculation, and FIN 48 review and calculation), compensation planning, litigation support, contract reviews, and special tax studies (preparation of tax manuals), among others.
- Ace joined SyCip Gorres Velayo & Co. (SGV), the Philippine member firm of Ernst & Young, in 1996, based in the Makati office. He is a Certified Public Accountant, 1996, Sixth place.
- Ace obtained his Master of Business Administration degree from the De La Salle University in June 2001, Silver Medalist.
- He received his Bachelor of Science in Accountancy degree from the University of the Philippines-Iloilo in November 1995, Cum Laude.
- Ace has an MBA degree with Distinction from DLSU.
- He is recognized as one of the Ernst & Young Chairman’s Values Champions in the Far East Area in 2007. Ace is a recipient of the SGV Special Award in July 2006 for exceptional contributions to the Tax Compliance Group.
We can conduct in-house training for the above program, Employee Benefits Tax and Accounting, for your company to make it more customized to your requirements. Likewise, we can run other programs on Taxation.
In the same vein, with our battery of seasoned Filipino trainers or speakers, training consultants and facilitators, we can conduct other employee development programs for your people configured to your preferences:
HUMAN RESOURCE or HR
- Basic and Advanced HR
- Recruitment or Talent Selection
- Training or Learning and Development
- Job Evaluation
- Employee Compensation and Benefits
- Labor Law 101
- Flexible Work Arrangements
- Company Policy
- Employee Discipline
- Administrative Hearing
- Job Contracting
- Basic Taxation
- All About VAT
- Withholding Taxes
- Tax Assessment
- Percentage Tax
- Legal Strategies to Reduce Tax
- Handling B.I.R. Audit
- Employee Benefits Tax
- Basic Accounting and Bookkeeping
- Understanding Financial Statements
- Strengthening Your Accounting Systems
- Internal Control
- Accounting for Non-Accountants
- Finance for Non-Financial Professionals
SUPPLY CHAIN MANAGEMENT
- Introduction to Materials Management
- Warehouse Management
- Inventory Planning and Control
- Modern Procurement
- Supply Management
LEADERSHIP, MANAGEMENT OR SUPERVISION
- Basic Leadership and Management Excellence
- Supervisory Leadership Development
- Developing Your Managerial Leadership
- How to Bring Out the Best in People
- Awaken the Sales Champion in You
- Professional Selling
- How to Handle Objections
- 39 Ways to Close More Sales
- Customer Service
- Telephone and Email Etiquette
- Top Techniques to improve Collection
- Work Attitude and Values Enhancement
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EMPLOYEE BENEFITS TAX AND ACCOUNTING
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