Accounting Alerts
Accounting Alerts
- 2024
- 2023
- 2022
- 2021
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2020
2020
- Extension of Deadline for Submission of Forms/Notices
- Online and Manual Submission of Forms/Notices Pursuant to SEC MC 28-2020
- COVID-19 Accounting Implications for CFOs - Debt Modifications
- Discussion Paper 'Business Combination under Common Control'
- SEC Memorandum Circular No. 32 series of 2020
- SEC Memorandum Circular No. 31 series of 2020
- SEC Memorandum Circular No. 28 series of 2020
- Insights into PFRS 16 - Lease Incentives
- IASB issues Interest Rate Benchmark Reform Phase 2
- IFRIC 23 - Uncertainty Over Income Tax Treatments
- COVID-19 Going Concern Considerations
- Extension of Deadlines and Interim Procedures for the Submission of Printed/Hard Copies of Annual Reports
- IASB Defers the Effective Date of IAS 1 Amendments
- Guidelines on the Electronic Submission of the Annual Report and Audited Financial Statements to BSP
- Filing of Annual Reports During the Temporary Closure of the SEC Main Office until July 26, 2020
- Work Suspension at the SEC Main Office and Extension of Deadlines for Certain Corporations
- Adjustment of Deadlines for Submission of Annual Reports to the SEC and Other Announcements
- Amendments to IFRS 17 and IFRS 4
- Filing of Reports and Other Documents in SEC Main Office during Temporary Closure
- Options for the Submission of Reports, Applications and Other Documents to the SEC During Community Quarantine
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2019
2019
- SEC Extends Deadline for Annual and Quarterly Reports for...
- Deferral of IFRIC Agenda Decision on Over Time Transfer of Constructed Goods (PAS 23) for Real Estate Industry
- Implementation of IFRS 17, Insurance Contracts
- Amendments to Regulations on Financial Audit of Banks and Non-Bank Financial Institutions
- Navigating the Changes to IFRS 2020
- SEC Memorandum Circular No. 2 - 2020 Filing of Annual Financial Statements and General Information Sheet
- IASB issues Classification of Liabilities as Current or Non-current (Amendments to IAS 1)
- GTI IFRS News Q4 2019
- Insights into PFRS 3: Definition of a Business
- IASB issues Interest Rate Benchmark Reform
- Insights into PFRS 16: Presentation and Disclosure
- Insights into PFRS 16: Lease Payments
- Insurance Commission's Guidelines on Lease Accounting for Insurance and Reinsurance Companies
- GTI IFRS News Q1 2019
- Application Deferral of PIC Q&A 2018-H and 2018-14
- Sustainability Reporting Guidelines for Publicly-Listed Companies
- Insights into PFRS 16: Sale and Leaseback Accounting
- Insights into PFRS 16: Transition Choices
- Use of the New General Information Sheet (GIS) Form
- 2019 Filing of Annual FS and GIS
- Navigating the Changes to IFRS 18
- Insights into PFRS 3: Definition of a Business
- GTI IFRS News Q2 2019
- Rules on Material Related Party Transactions for Publicly-listed Companies
- BOA Repealed Resolutions on FS Compilation Services
- GTI IFRS News Q3 2019
- 2019
- 2018 2018
- 2017
- 2016
- 2015
- 2014
- 2008
- 2007
- 2006
- 2005
Guidelines for Filing of Reports through Electronic Mail with the SEC during ECQ Period
This accounting alert circulates the guidelines that should be observed by companies submitting reports, applications, compliance, requests and other documents via email to the SEC.
COVID-19 Outbreak: Accounting Implications
As COVID-19 becomes more widespread and with uncertainties it brings as to the extent of its impact to the business sector, it is important that management considers the accounting implications of the outbreak, including its impact on the preparation of the entity’s financial statements.
[UPDATE] Regulatory Relief for Entities Regulated by the Insurance Commission
This accounting alert circulates new issuances by the Insurance Commission (IC) on extension of the deadline of filing of required reports.
Guidelines on Submission by Electronic Mail of Required Forms and Documents and Recognition of Electronic Signature
This accounting alert circulates the adopted guidelines and procedures by the SEC to allow and facilitate the filing of reportorial requirements by electronic mail.
Alternative Means of Filing Reports, Communications and Other Documents with the SEC
This accounting alert circulates notices uploaded by SEC in its website implementing new procedures for submission of reports and other documents during the quarantine period.
Additional Operational Relief for BSFIs Affected by Measures to Manage the Coronavirus Disease (COVID-19) Situation and its Health and Safety Risks
This accounting alert circulates the set of temporary measures issued by BSP aimed at assisting BSFIs whose ability to render financial services to the general public is affected by measures to manage COVID-19.
Guidelines for the Filing of General Information Sheet (GIS) During the COVID-19 Outbreak and Enhanced Community Quarantine
This accounting alert circulates the memorandum circular by SEC on measures adopted to ease the burden of corporations in complying with certain laws and regulations.
Guidelines on Preventative Measures Against...
This accounting alert is issued to circulate the procedures adopted by the SEC at their Electronic Records Management Division in relation to requests and filing or submission of reports and other documents to SEC.
Regulatory Relief for...
This accounting alert circulates the guidelines issued by the BSP to encourage BSFIs to provide financial relief to their retail customers, corporate clients and employees affected by the outbreak of the COVID-19.
SEC Issues Guidelines on the Participation in Regular and Special Meetings through Remote Means of Communication
This accounting alert circulates guidelines issued by SEC providing corporations guidance in formulating internal procedures and bylaws allowing their directors, trustees, stockholders, members and other persons to participate and vote in meetings through remote modes of communication, pursuant to relevant provisions of the Revised Corporation Code.