Layer 2 – Control in the “Three Layers of Defense” Cost Management Model ©
Includes activities to establish specific regulations to clarify the separation of powers in approval/adjustment. Monitor violations against regulations
February 9, 2026
Accounting for the cost of purchasing Tet gifts for employees: VAT – Corporate Income Tax – Personal Income Tax, journal entries & checklist to avoid expense disqualification.
The Lunar New Year season is the time of year when businesses incur the most "tax-sensitive" expenses: gifts, vouchers, subsidies, bonuses, etc.
January 19, 2026
Can charitable donations be included as expenses? Checklist to avoid being disallowed during final accounting.
In practice, during tax settlement, charitable donations are one of the expenses that are most easily disallowed, even if the business spends the money...
January 17, 2026
How to calculate discount percentages: Standard formula, how to reconcile purchase orders (POs) and invoices, and budget control for CFOs.
In business, calculating percentage discounts is not just a matter of arithmetic. A single mistake in the base calculation, rounding, or...