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SEC Memorandum Circular No. 32 series of 2020

20 Nov 2020

This Accounting Alert is issued to circulate the new circular by the Securities and Exchange Commission (SEC/Commission) on the basis of preparation of audited financial statements for Bangko Sentral ng Pilipinas (BSP) Supervised Financial Institutions (BSFIs) under SEC Memorandum Circular (MC) No. 32-2020.

SEC Memorandum Circular No. 31 series of 2020

10 Nov 2020

This Accounting Alert is issued to circulate the new circular by the Securities and Exchange Commission (SEC/Commission) on the non-imposition of fines and other monetary penalties for non-filing, late filing, and failure to comply with compulsory notification and other reportorial requirements under SEC Memorandum Circular (MC) No. 31-2020.

SEC Memorandum Circular No. 28 series of 2020

03 Nov 2020

This Accounting Alert is issued to circulate the new requirement by the Securities and Exchange Commission (SEC/Commission) for corporations, partnerships, associations, and individuals to create and/or designate e-mail account address and cellphone number for transaction with the commission under SEC Memorandum Circular (MC) No. 28-2020.

Insights into PFRS 16 - Lease Incentives

13 Oct 2020

This Accounting Alert is issued to provide guidance on lease incentives.

IFRIC 23 - Uncertainty Over Income Tax Treatments

08 Oct 2020

This Accounting Alert is issued to provide guidance on uncertainty over income tax treatments.