Technical Alerts
BSP Temporary Regulatory Relief for BSFIs on the Capital Treatment of Provisioning Requirements under PFRS 9
This Accounting Alert is issued to circulate Bangko Sentral ng Pilipinas (BSP) Memorandum No. 2021-55 (Memorandum) dated October 19, 2021 on the temporary regulatory relief on the capital treatment of provisioning requirements under PFRS 9 for all BSP-supervised financial institutions (BSFIs).
BSP Regulatory Treatment of Restructured Loans of BSFIs for Purposes of Measuring Expected Credit Losses
This Accounting Alert is issued to circulate Bangko Sentral ng Pilipinas (BSP) Memorandum No. 2021-56 dated October 21, 2021 on the regulatory treatment of restructured loans for purposes of measuring expected credit losses (ECL) amid the pandemic.
Guidelines on the Minimum Paid-up Capitalization and Net Worth Requirements for Cooperative Insurance Companies
This Accounting Alert is issued to circulate Insurance Commission (IC/Commission) Circular Letter (CL) No. 2021-61 dated October 31, 2021 on the guidelines on the minimum capitalization and net worth requirements for cooperative insurance companies.
Offline eBIRForms package (version 7.9.2) now available
This Tax Alert is issued to inform all concerned taxpayers on the availability of the latest version of offline eBIRForms package (version 7.9.2).
Insights into PFRS 8, Operating Segments - PFRS 8 Principles in Brief
This Accounting Alert is issued to provide an overview of the requirements and scope of Philippine Financial Reporting Standards (PFRS) 8, Operating segments, and explain key steps in determining reportable segments.