Technical Alerts
Insights into PAS 36, Impairment of Assets - Identifying Cash-Generating Unit
This Accounting Alert is issued to provide an overview of Philippine Accounting Standards (PAS) 36, Impairment of Assets, to assist preparers of financial statements and those charged with governance of reporting entities in understanding the requirements of PAS 36, and to revisit some areas where confusion has been seen in practice.
Insights into PAS 36, Impairment of Assets - Allocating Goodwill to Cash-Generating Unit
This Accounting Alert is issued to provide an overview of Philippine Accounting Standards (PAS) 36, Impairment of Assets, to assist preparers of financial statements and those charged with governance of reporting entities in understanding the requirements of PAS 36, and to revisit some areas where confusion has been seen in practice.
Insights into PAS 36, Impairment of Assets - Allocating Assets to Cash-Generating Unit
This Accounting Alert is issued to provide an overview of Philippine Accounting Standards (PAS) 36, Impairment of Assets, to assist preparers of financial statements and those charged with governance of reporting entities in understanding the requirements of PAS 36, and to revisit some areas where confusion has been seen in practice.
Republic Act No. 11590 (An Act Taxing Philippine Offshore Gaming Operations)
This Tax Alert is issued to inform all concerned on the salient provisions of Republic Act (RA) No. 11590 (An Act Taxing Philippine Offshore Gaming Operations, amending for the Purpose Sections 22, 25, 27, 28, 106, 108, and Adding New Sections 125- A and 288(G) of the National Internal Revenue Code Of 1997, as Amended, and for Other Purposes).
Guidelines on WFH arrangements for RBEs of the IT-BPM sector
This Tax Alert is issued to inform all concerned on the guidelines issued by the Fiscal Incentives Review Board (FIRB) allowing Registered Business Enterprises (RBEs) of the Information Technology- Business Process Management (IT-BPM) sector to adopt Work-From-Home (WFH) arrangements because of the COVID-19 pandemic.