- SEC Reporting
Amendments/Updates to PFRS for SMEs effective 2013 onwards
It’s been years since the IASB issued a new financial reporting standards for Small and Medium-sized Entities (SMEs) in 2009 – ...
PFRS for SMEs: Q&A 2012/03: Fallback to IFRS 9 Financial Instruments
As we all know, Philippine Financial Reporting Standards for Small and Medium-sized Entities (PFRS for SMEs) was adopted from International Financial ...
Applicability of SMEIG Final Q&As on the application of IFRS for SMEs to Philippine SMEs
The Philippine Interpretations Committee (PIC) approved Q&A No. 2013 – 01 on June 30, 2013 which deals with the applicability ...
Definition (application) of undue cost or effort in the context of PFRS for SMEs
In applying the provisions of PFRS for SMEs, some uses the “undue cost or effort” as a ground for exemption on complying ...