Search:

Filter by:

Showing 6 of 1758 results for "umiyak sa accounting"

When oil prices explode: Is your Transfer Pricing still at arm’s length?

Let's Talk TP

Global oil prices have once again surged, driven by escalating conflict in the Middle East, attacks on critical energy infrastructure, and disruptions to key shipping routes such as the Strait of Hormuz.

6 min read |

Amendments on VAT Rules on Local Sales of Registered Business Enterprises (RBEs)

Tax Alert

This tax alert is issued to provide clarifications on the manner of filing and payment of VAT on local sales, optional VAT registration for certain RBEs, exclusion of certain enterprises and business activities from the coverage of VAT on local sales of RBEs, and extension of deadline for invoicing system reconfiguration.

6 min read |

Supplemental Guidelines for the Application of New Frameworks and Standards for Mutual Benefit Associations (MBAs)

Accounting Alert

The Insurance Commission (IC) issued Circular Letter (CL) No. 2026‑08 on 25 March 2026, providing supplemental guidelines on the application date, transition accounting, and extended parallel run requirements in relation to the new Financial Reporting Framework (FRF), valuation standards, and Risk‑Based Capital (RBC) framework applicable to Mutual Benefit Associations (MBAs).

2 min read |

Financial Reporting Framework (FRF) for Takaful Window Operations

Accounting Alert

The Insurance Commission (IC) issued Circular Letter (CL) No. 2026‑06 on 11 March 2026, prescribing a Financial Reporting Framework (FRF) for all regulated entities operating Takaful Windows.

3 min read |

Insurance Commission Issues Updated Guidelines Affecting HMOs and HMO Brokers

Accounting Alert

The Insurance Commission (IC) released three new Circular Letters (CLs) prescribing updated requirements for Health Maintenance Organizations (HMOs) and HMO broker companies relating to financial reporting, electronic submissions, and disclosure obligations.

4 min read |

2026 Guidelines on Electronic Filing of Pre‑Need Companies' Annual Statements and Audited Financial Statements

Accounting Alert

This Circular supersedes CL No. 2025‑07 and applies to all pre‑need companies authorized to operate in the Philippines.

2 min read |