IFRIC 23 - Uncertainty Over Income Tax Treatments

08 Oct 2020

This Accounting Alert is issued to provide guidance on uncertainty over income tax treatments.

IASB issues Interest Rate Benchmark Reform Phase 2

08 Oct 2020

This Accounting Alert is issued to circulate the new amendments published by the International Accounting Standards Board (IASB) on Interest Rate Benchmark Reform in response to the ongoing reform of interest rate benchmarks around the world.

COVID-19 Going Concern Considerations

18 Sep 2020

This Accounting Alert is issued to provide guidance in improving disclosures on going concern.

Extension of Deadlines and Interim Procedures for the Submission of Printed/Hard Copies of Annual Reports

13 Aug 2020

This Accounting Alert is issued to circulate the recent notice issued by the Securities and Exchange Commission (SEC) relative to the extension of deadlines due to the reimposition of the Modified Enhanced Community Quarantine in the NCR and other parts of Luzon.

Guidelines on the Electronic Submission of the Annual Report and Audited Financial Statements to BSP

17 Jul 2020

This Accounting Alert is issued to circulate the recent memorandum issued by the Bangko Sentral ng Pilipinas (BSP) relative to the submission of Annual Report (AR) and Audited Financial Statements (AFS) of banks by electronic means.