MSME seek exemption from CPA management

MANILA, Philippines – The Board of Accountancy (BOA) has agreed to work on the exemption of micro, small, and medium enterprises (MSMEs) from engaging certified public accountants (CPAs) to prepare and sign companies’ financial statements, the Philippine Exporters Confederation Inc.…
PCHC’s Check Image Clearing System & Others

The Philippine Clearing House Corporation will implement Check Image Clearing System (CICS) starting middle of 2016, specifically in March 2016. In connection with this, we previously written an article entitled “Banks will no longer accept checks with erasure/alteration effective January 4,…

Source: The Philippine Star MANILA, Philippines – Banks were ordered yesterday to replace existing automated teller machine (ATM) cards and machines with new ones between 2015 and 2017 in an effort to curb hacking incidents involving ATMs. The Bangko Sentral…