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SEC Extension of the Deadline for the Submission of 2020 Annual Report of Publicly-listed Companies, Issuer of Registered Securities, and Public Companies

11 Apr 2021

This Accounting Alert is issued to circulate Securities and Exchange Commission (SEC/Commission) Memorandum Circular Letter No. 05-2021 dated April 8, 2021 on the extension of deadline for the submission of 2020 annual reports for the calendar year December 31, 2020 for publicly-listed companies, issuer of registered securities, and public companies.

Submission of the 2020 Annual Statement for Non-life Insurance and Professional Reinsurers

07 Apr 2021

This Accounting Alert is issued to circulate Insurance Commission (IC) Circular Letter (CL) 2021-21 dated March 23, 2021.

IC Guidelines on the Online Submission of 2020 AFS and Attachments for Insurance and Reinsurance Brokers

07 Apr 2021

This Accounting Alert is issued to circulate Insurance Commission (IC) Circular Letter No. 2021-23 dated March 31, 2021 on the guidelines for the online submission of 2020 audited financial statements (AFS) and attachments for insurance and reinsurance brokers.

SEC Extension of Deadline for the Submission of General Information Sheet for 2021

05 Apr 2021

This Accounting Alert is issued to circulate Securities and Exchange Commission (SEC/Commission) notice dated March 31, 2021 on the extension of deadline for the submission of General Information Sheet (GIS) for 2021.

Guidelines on the Electronic Submission of the 2020 Annual Statement of Life Insurance Companies, Life Units of Composite Insurance Companies and Mutual Benefit Associations

26 Mar 2021

This Accounting Alert is issued to circulate Insurance Commission (IC) Circular Letter (CL) 2021-17 dated March 16, 2021 and IC CL 2021-19 dated March 18, 2021, referred to herein as Circulars.

SEC Schedule and Procedure for the Filing of AFS, GIS and Other Annual Reports in accordance with MC 03-2021

10 Mar 2021

This Accounting Alert is issued to circulate Securities and Exchange Commission (SEC or the Commission) Memorandum Circular No 03 (MC/the Circular) series of 2021 dated March 9, 2021.

BSP Circular 1110 Rationalization of Prudential Reporting Requirements

05 Mar 2021

This Accounting Alert is issued to circulate Bangko Sentral ng Pilipinas (BSP) Circular 1110 (the Circular) dated February 24, 2021.

COVID-19 Hedge Accounting Insights

02 Mar 2021

This Accounting Alert is issued to provide insights on accounting considerations on hedge accounting and highly probable cash flows, as affected by the COVID-19 pandemic.

Navigating the Changes to International Financial Reporting Standards

18 Feb 2021

This Accounting Alert is issued to preparers of International Financial Reporting Standards (IFRS) financial statements to provide a high-level awareness of recent changes to IFRS. The publication covers both new standards and interpretations that have been issued and amendments made to existing ones.

Insights to PFRS 3, Business Combinations

15 Feb 2021

This Accounting Alert is issued to give insights on the acquisition method under PFRS 3, Business Combinations.