RFBT - Defective Contracts Matrix here ya gooo! happy aral, cpale reviewee moots! 🫶✨

Comparison of Defective Contracts by NBV

UPDATED: Based on Revised Corporation Code

LOCAL TAXES [open for corrections]

As a favorite ang FS Analysis 💯 ROE = ROA x Financial Leverage Ratio ROE = (NI/Ave. Total Assets) x (Ave. Total Assets/Ave. Equity) ROE = NI/Ave. Equity

I am not fond of memorizing things, so I rely on mnemonics. For Defective Contracts: 1. Rescissible - GACTS 2. Voidable - I-VOID (VIMFU + IDUT) 3. Unenforceable - USB (SALSAR) 4. Void - FICTITIOUS2 (Pwede rin O3ICAD) The crazier it is, more memorable it becomes Happy Aral! 💛

𝐈𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐃𝐚𝐭𝐞𝐬: 𝐋𝐚𝐰 𝐨𝐧 𝐂𝐨𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐯𝐞𝐬 🔗 ReSA Handouts 🔗 SML RFBT Reviewer dm / reply for corrections ( ◕ v ◕)/

GUYS HIGH-YIELD TOPICS sa CPALE pacencxa na po sa sulat pagod na kamay ko 🥺 pwede naman ma sabw para ma zoom in nio po

what i used during my recall phase: - hercules last minutes notes 💯 - atty. k's ktapusan pro max - my wall notes hahahaha - cpm notes - table summaries by trialbalanz - supernova - pinnacle preweek mats - cpar preweek for far only - resa preweek for mas only - icare rfbt

Tandaan niyo to for easy point/s in Tax baka itanong HAHA • TRAIN LAW - took effect on Jan. 1, 2018 • CREATE LAW - April 11, 2021 • EOPTA - April 26, 2024 • CREATE MORE - Nov. 28, 2024

I took the boards last Oct 2019, Oct 2022 and May 2025, and here are the topics na I think pag minaster nyo hindi kayo lugi coz sa 3 beses kong nag take never sila nawala (a thread)

AT: Summary of Applicability of Specific Audit Procedure

✅ RFBT ✅ SSS LAW (RA 11199) Complete and Permanent Loss of Use of X No. of Months Thank you Lappy (commission open) 💕

MS - Economics Memory Aid GDP - Gawa Dito sa Pinas GNP - Gawa Ng Pinoy

my way of learning powers of corporation (still practicing) -what i do is associating them sa kaya nilang gawin and w/n their powers - for example, lahat ng 'MAJ BOD + 2/3 OCS' lahat ng ganyan na vote ay super major decisions, mabigat kumbaga kaya need ng maj and 2/3 ng ocs

Corporation Voting Requirements for those who understand it better if they see the parallelism (like me) If there is sale of property - Ordinary course of business: MajBOD quorum - All or substantially all: MajBOD + 2/3 #AMYingForExcellence #AJustBar #BarExam2025

MAS TIP 🤓 for each topic i try squeeze all the formulas on one page/paper, i swear it helps me appreciate the differences of the possible scenarios sa solving :D link to pdf here but for reasons i had to remove screenshots w/ my name displayed (◠‿◠) ggl.link/JEpCla9

[Phil. Competition Act] Compulsory notification of mergers and acquisitions - Effective March 1, 2025 Size of Transaction: P3.5 Billion (from 3.2B) Size of Party: P8.5 Billion (from 7.8B) Codal threshold: 1B

FS Analysis Keys: Net → difference Ratio → divide Turnover → denominator is the avg of the name of the TO; numerator is Sales or “Where they come from” Margin → denominator is Sales Return → numerator is Income → denominator •IS component : DO NOT AVG •BS component : AVG