#cash and accrual basis blah blah but tge problem is that it does NOT make it easy to learn (T — T) | Explore Tumblr posts and blogs

ice-devourer · 2 years ago

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i’m highlighting and taking notes listening to ‘from eden’ and silent scream into my palms whenever the ‘i slithered here from eden just to sit outside your door’ lyric comes on.

#hozier is keeping me sane during trying times *is studying income taxes #no but why the fuck does there have to be two different accounting treatments for income taxes #one for the statement of comprehensive income (PFRS) and for the bureau pf internal revenue (PH tax laws)#like there's a discrepancy on purpose #and yeah there IS a viable reason #cash and accrual basis blah blah but tge problem is that it does NOT make it easy to learn (T — T)

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