Alerts and Publications

17 Mar 2016

The average length of financial statements prepared under International Financial Reporting Standards (IFRS) has been growing for many years, as new Standards are issued and more disclosure requirements are added. The result - cluttered financial statements in which the important information is hard to find. As a result, many companies are taking a fresh look at their financial statements and their process for preparing them; by refocusing their financial statements as a communication tool without losing sight of the need to comply with technical requirements

17 Mar 2016

2015年11月発行ジャパンデスクメールマガジンの過去記事です。

17 Mar 2016

2015年12月発行ジャパンデスクメールマガジンの過去記事です。

07 Mar 2016

This Accounting Alert is issued to provide update on all things relating to International Financial Reporting Standards (IFRS) 9, Financial Instruments. Grant Thornton International Ltd has published Get ready for IFRS 9 - the impairment requirements, the second in a series of publications intended to get entities ready for IFRS 9.  IFRS 9 (2014), Financial Instruments fundamentally rewrites the accounting rules for financial instruments. While the Standard is not effective until 2018, companies really need to start evaluating its impact now. In this issue, we bring you up to speed with the Standard's new expected credit loss impairment model. See attached document for the details of this publication.

04 Mar 2016

The BIR circularized Board of Accountancy (BOA) Resolution No. 3, s of 2016 entitled “Requiring…..”.   Among others, the Resolution requires that annual FS of companies who have gross sales exceeding P10 million should be accompanied by a “Certificate on the Preparation of Financial Statement and Notes to the Financial Statements”.