Search results with tag "Philippine financial reporting standards"
SRC RULE 68, AS AMENDED - sec.gov.ph
www.sec.gov.phPhilippine Financial Reporting Standards for SMEs (“PFRS for SMEs”) as adopted by the Commission. However, the following SMEs shall be exempt from the mandatory adoption of the PFRS for SMEs and may instead apply, at their option, the PFRS: (1) An SME which is a subsidiary of a parent company reporting
Philippine Financial Reporting Standards - SEC
www.sec.gov.phPhilippine Financial Reporting Standards (Adopted by SEC as of December 31, 2011) Philippine Financial Reporting Standards (PFRS)/ Philippine Accounting Standards (PAS) Title Effective Date Brief Description Framework for the Preparation and Presentation of Financial Statements Conceptual Framework Phase A: Objectives and
Philippine Financial Reporting Standard for Small Entities ...
www.dmdcpa.com.phPhilippine Financial Reporting Standard for Small Entities (“the Framework”) Table of Contents ... shall not apply this Framework and should instead apply the full Philippine Financial Reporting Standards (PFRSs) or Philippine Financial Reporting Standard for Small and Medium-sized Entities (PFRS for SMEs), as appropriate.
FINANCIAL REPORTING PACKAGE FOR BANKS
www.bsp.gov.phThe Financial Reporting Package (FRP) is a set of financial statements for prudential reporting purposes composed of the Balance Sheet, Income Statement and Supporting Schedules. The FRP is primarily designed to align the BSP reportorial requirements with the (1) provisions of the Philippine Financial Reporting Standards (PFRS)/ Philippine ...
Philippine Financial Reporting Standards
www.sec.gov.ph2 Philippine Financial Reporting Standards (PFRS)/ Philippine Accounting Standards (PAS) Title Effective Date Brief Description changes (such as transactions with third parties).
Philippine Financial Reporting Standard (PFRS) 15: The …
www.shda.phPage 4 PFRS 15: An Overview §International Financial Reporting Standard (IFRS) 15, Revenue from contract with customers, was issued in May 2014 by the International Accounting Standards Board (IASB) §IFRS 15 was adopted by the FRSC in 2016 as PFRS 15 §PFRS 15 replaces PAS 18, Revenue, PAS 11, Construction Contracts, and related interpretations effective January 1, …