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Guidelines on the Use of Benchmarks for Unit lnvestment Trust Funds (UlTFs)

13 Sep 2023

This Accounting Alert is issued to circulate Bangko Sentral ng Pilipinas (BSP) Circular No. 1178 series of 2023 dated August 9, 2023.

Amendments on the 2015 Implementing Rules and Regulations of the Securities Regulation Code (The "2015 SRC Rules") and SEC Memorandum Circular No. 16, Series of 2004 Relative to the Settlement Cycle from T+3 to T+2

08 Sep 2023

This Accounting Alert is issued to circulate Securities and Exchange Commission (SEC) Memorandum Circular (MC) No. 11-2023 dated August 11, 2023, Amendments on the 2015 Implementing Rules and Regulations of the Securities Regulation Code (The "2015 SRC Rules") and SEC Memorandum Circular No. 16, Series of 2004 Relative to the Settlement Cycle from T+3 to T+2.

Lack of exchangeability

07 Sep 2023

This Accounting Alert is issued to circulate the IFRS alert regarding the amendment of IAS 21, The Effects of Changes in Foreign Exchange Rates, to help users understand the impact of a lack of exchangeability on the financial statements.

Further Extension of the Deadline for Amnesty Applications and Streamlining of the Application Process

05 Jul 2023

This Accounting Alert is issued to circulate Securities and Exchange Commission (SEC) Memorandum Circular (MC) No. 9-2023 dated June 30, 2023, Further Extension of the Deadline for Amnesty Applications under SEC Memorandum Circular No. 2, Series of 2023, and Streamlining of the Application Process.

IASB amends PAS 12 to help entities respond to the Pillar Two Tax Rules

13 Jun 2023

This Accounting Alert is issued to circulate the IFRS alert regarding the amendment of IAS 12, Income Tax, to help entities respond to the Pillar Two Tax Rules.