Insights into PAS 36 - Other impairment issues

10 Mar 2023

This Accounting Alert is issued to provide an overview of Philippine Accounting Standard (PAS) 36, Impairment of Assets, to assist preparers of financial statements and those charged with the governance of reporting entities understand the requirements set out in PAS 36 and revisit some areas where confusion has been seen in practice.

Insights into PAS 36 - Presentation and Disclosure

09 Mar 2023

This Accounting Alert is issued to provide an overview of Philippine Accounting Standard (PAS) 36, Impairment of Assets, to assist preparers of financial statements and those charged with the governance of reporting entities understand the requirements set out in PAS 36 and revisit some areas where confusion has been seen in practice.

Reminder on the submission of the Related Party Transaction (RPT) Form due on April 2023 for calendar year taxpayers and Preparation of Transfer Pricing Documentation

08 Mar 2023

This Tax Alert is issued to remind all concerned taxpayers for the submission of the Related Party Transaction (RPT) Form due on the April 2023 for the calendar year ended December 31, 2022 and preparation of the Transfer Pricing Documentation (TPD).

Reminder on the filing of the Request for Confirmation (RFC) and Tax Treaty Relief Application (TTRA) due on April 30, 2023 for calendar year taxpayers

07 Mar 2023

This Tax Alert is issued to remind all concerned taxpayers of the April 30, 2023 deadline for the application of request for confirmation (RFC), tax treaty relief application (TTRA) and updating of long-term contracts covering income payments to non-residents during the calendar year ended December 31, 2022.

SEC 2023 Extension of Deadlines for the 2023 Filing of Annual Financial Statements

02 Mar 2023

This Accounting Alert is issued to circulate Securities and Exchange Commission (SEC or the Commission) Memorandum Circular No 01 (MC/the Circular) series of 2023 dated March 1, 2023.