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Audit & Assurance

Accounting and auditing news

Keeping our clients up-to-date on financial reporting issues

Financial reporting is undergoing rapid change, particularly with the move to IFRS. The need to be kept informed of the latest developments has become more significant.

In response to this need, our Audit services team provides these accounting alerts to ensure our clients up-to-date on the latest financial reporting issues. Our series of accounting alerts presents the newest pronouncements, emerging issues and uncertainties in financial reporting matters, as well updates on local regulatory requirements.

Click here for the Accounting and auditing news.  

Did You Know?

Quick reference guide on accounting standards and financial reporting regulations.


Essential links

 

IFRSs in your pocket 2012
Provides an update of developments up to the second quarter of 2012. An annual world-wide favorite, this publication addresses background information on the structure and workings of the IASB; analysis of the use of IFRSs around the world; summaries of all current Standards and Interpretations; and up-to-date details of IASB and IFRIC agenda projects.

 

 

IFRS for SMEs
The IFRS for SMEs was issued by the IASB in July 2009. It is written in a clear, easily translatable language and is less complex compared with fill IFRSs, omitting topics that are not relevant to SMEs, simplifying the principles for recognition and measurement and requiring fewer disclosures.

 

 

Featured articles

  • IFRS for shipping: Accounting for owned vessels by shipping companies (April 2011)
  • Tech, Media and Telo: TV's relationship with advertising, social networks, shopping, technology and companion devices
  • Asia's expanding influence on the global mining industry: Why and where does the world fit in
  • Financial services industry: Harnessing the forces of change

Related links

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    Securities and Exchange Commission
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    Bureau of Internal Revenue
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    Philippine Stock Exchange
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    IAS Plus