Technical Alerts
Amendments to the Classification and Measurement of Financial Instruments
This Accounting Alert is issued to circulate amendments issued by the International Accounting Standards Board (IASB) to IFRS 9 "Financial Instruments" and some amendments made to IFRS 7 Financial Instruments: Disclosures, following a post-implementation review (PIR) of IFRS 9. The amendments also include consequential changes to IFRS 19 Subsidiaries without Public Accountability: Disclosures to reflect the amendments made to IFRS 7.
Consolidated Guidelines for Takaful Window Operation
This Accounting Alert is issued to circulate Insurance Commission (IC) Circular Letter (CL) 2024-13 dated May 28, 2024.
Amendments to Derivatives Regulations of Banks, Quasi-Banks and Trust Entities
This Accounting Alert is issued to circulate Bangko Sentral ng Pilipinas (BSP) Circular No. 1194 dated May 29, 2024.
IFRS 19 - Simplifying financial reporting for eligible subsidiaries
This Accounting Alert is issued to circulate Securities and Exchange Commission (SEC) Memorandum Circular (MC) No. 9-2024 dated April 25, 2024, which covers the SEC Strategic Sandbox.
Availability of BIR Form 1702-MX January 2018 (ENCS) Version in the eFPS
This Tax Alert is issued to inform all concerned on the availability of the January 2018 (ENCS) version of the Annual Income Tax Return for Corporation, Partnership and Other Non-Individual with Mixed Income subject to Multiple Income Tax Rates or with income subject to Special/Preferential Tax Rates (BIR Form No. 1702-MX) in the Electronic Filing and Payment System (eFPS).