October 1, 2018

In line with keeping the company abreast with the fundamentals of accounting
and recent developments in Philippine taxation, we would like to submit a
proposal entitled “Business Accounting and Taxation”.

The proposed seminar/training will cover the components summarized in the

table below:

Topics Description
Topic 1: 1. Introduction to Business Accounting
Business 2. Basic Accounting Concepts and Principles
Accounting 3. Accounting Equation and Double-Entry Bookkeeping
System
4. Accounting Process
5. Books of Accounts
6. Journalization of Entries
7. Posting of Entries
8. Preparation of Trial Balance
9. Preparation of Financial Statements
Topic 2: 1. Brief History & Objective of TRAIN
TRAIN Law 2. Major Benefits of TRAIN
(R.A. 10963) 3. Basic Features & Major Tax Revisions in TRAIN
4. Power & Authority of Commissioner
5. Amendments in Income Tax
6. Amendments in Value-Added Tax
7. Amendments in Estate Tax
8. Amendments in Donor’s Tax
9. Amendments in Excise Tax
10. Amendments in Documentary Stamp Tax
11. Administrative Provisions & Penalties
12. Tax Provisions Vetoed by the President
Topics 3: 1. Tax Audit & Assessment
Tax Assessment 2. BIR Audit Program
Procedures & 3. Due Process
BIR Tax Updates 4. Letter of Authority
5. BIR Notices
6. Protesting an Assessment
7. Waiver of Statute of Limitations
8. Subpoena Duces Tecum
9. Tax Remedies
10. 2018 BIR Tax Updates

Please find enclosed our detailed proposal for your evaluation and
consideration.

Thank you so much for the time rendered to review our proposal.

Duration: 2.5 Days ( Friday, Saturday and Sunday)

Seminar Cost: Php 3,500.00 per participant

Participants: Participants for this activity are staff coming from the
accounting and audit department, bookkeepers, and
accounting supervisors.


Inclusive/s: BELLMEC Certificate of Completion

Assessment:(optional) Fee: Php 500.00 per participant

BELLMEC Certificate of Training
TESDA National Certificate

Mode of Payment:
Upon Agreement of this Contract, the Client shall provide a 50%
down payment and a (PDC) Postdated check for the amount
remaining payable to: BELLARMINE-MAGISTER ENRICHMENT
CORPORATION dated, but not after the last day of training.

Approval
If you have any questions and clarifications regarding details that
are not stipulated in this proposal you may call Ms. Grace A.
Escalona at 09653059925 / 09381356581 / 082-3273261. To finalize
this proposal you may confirm also by communication to the
contact numbers stipulated above.

Sincerely, Accepted by Client:

_____________________
Signature
Mary Grace A. Escalona Name:
BELLMEC Training & Assessment Center Position:
Bonifacio Street, Davao City Institution:
Address:

Reminders: This document serves as the agreement of both parties and serves as the contract of the training.