Insights into IFRS 16

21 Dec 2018

This Accounting Alert is issued to provide key concepts about IFRS 16, Leases, in anticipation of its mandatory adoption beginning January 1, 2019.

Reversing the taxation of health card premiums and director’s fees under RMC 50-2018

29 Nov 2018

Pursuant to RMC 96-2018, premiums paid for group health insurance shall not be considered taxable compensation. Director’s fees, on the other hand, shall not be subject to business tax (VAT or percentage tax).

SEC Memorandum Circular 2018-14 – PFRS 15 Implementation Issues Affecting Real Estate Industry

17 Nov 2018

This Accounting Alert is issued to provide guidance relating to the Securities and Exchange Commission's (SEC or the Commission) resolution regarding some implementation issues affecting the real estate industry brought about by the adoption of PFRS 15, Revenue from Contracts with Customers, as discussed in the Memorandum Circular (MC) No. 2018-14 issued by the Commission on October 29, 2018.

P&A メールマガジン2018年11月12月号

12 Nov 2018

2018 年11・12 月合併号グループ保険料の取り扱いについて

P25 wage hike for National Capital Region workers

08 Nov 2018

The Department of Labor and Employment (DOLE) has signed Wage Order No. NCR-22 which mandates the P25 increase in daily basic pay in the National Capital Region (NCR) and the integration of the P10 cost of living allowance (COLA) in the minimum wage, thus raising the daily pay in Metro Manila to P537.