News and Updates
Proposed Philippine Related Services Practice Note...
Guidance in Dealing with Reports Required by the SEC Relating to Increase in Authorized Capital Stock of a Corporation for Cash Consideration or Conversion of Advances to Equity (Previously Philippine Auditing Practice Statement...
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Conforming and Consequential Amendments to Other...
Description The Auditing and Assurance Standards Council (AASC) has approved on January 31, 2022 the adoption of IAASB’s International Standards, Conforming and Consequential Amendments to the IAASB’s Other Standards as a Result of the New and...
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Celebration of the Centenary Year of...
Description Presidential declaration on the year-long celebration to commemorate the Centenary Year of the Philippine Accountancy Profession from March 18, 2022 to March 17, 2023. Date April 2022 Download...
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Philippine Standards on Quality Management (PSQM)
The following Quality Standards were approved by the Board of Accountancy on July 7, 2021 for adoption in the Philippines: International Standard on Quality Management 1 (Previously International Standard on Quality Control 1), Quality...
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Philippine Standards on Auditing (PSA) 220...
The Auditing and Assurance Standards Council (AASC) has approved on February 1, 2021 the adoption of International Standard on Auditing 220 (Revised), Quality Management for an Audit of Financial Statements, issued by the International Auditing and...
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Philippine Standards on Related Services (PSRS)...
The Auditing and Assurance Standards Council (AASC) has approved the International Standard on Related Services 4400 (Revised), Agreed-upon Procedures Engagements, which has been approved for adoption by the Auditing and Assurance Standards Council...
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