Alerts and Publications
Alerts and Publications
Streamlined process on the application for registration of CAS/CBA
This Tax Alert is issued to inform all concerned on the following streamlined procedures in the application for registration of Computerized Accounting System (CAS), Computerized Books of Accounts (CBA) and/or its components, including Electronic Storage System (ESS), Middleware and other similar systems.
Philippine Interpretations Committee Question and Answer 2020-05
This Accounting Alert is issued to circulate Philippine Interpretations Committee (PIC) Questions and Answers (Q&A) 2020-05 dated November 6, 2020 which supersedes PIC Q&A 2018-14 on accounting for cancellation of real estate sales.
Audit Readiness - Preparing your Annual Reports
This Accounting Alert is issued to provide guidance on audit considerations in preparing annual reports of any reporting entities.
Philippine Interpretations Committee Question and Answer 2020-04
This Accounting Alert is issued to circulate Philippine Interpretations Committee (PIC) Questions and Answers (Q&A) 2020-04 dated November 6, 2020 on whether there is significant financing component arising from a mismatch between percentage of completion (POC) and schedule of payments, in accordance with PFRS 15, Revenue from Contracts with Customers.
PhilHealth suspends contribution increase for 2021
This Outsourcing Alert is issued to inform all concerned on the regulation regarding Philippine Health Insurance Corporation (Philhealth) suspension of the increase in the members' monthly premium for the year 2021.