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Author Archives: auditingaasc
AASC Alert No. 001 Series of 2021
Auditors' Practice Guidance on SEC Memorandum Circular No. 32, Series of 2020 Description On November 17, 2020, the Securities and Exchange Commission (SEC) issued SEC Memorandum Circular No. 32, Series of 2020 (referred to herein after as “the...
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AASC Alert No. 005 Series of 2020
ISA 540 (Revised) Implementation - Expected Credit Losses Illustrative Examples Description The International Auditing and Assurance Standards Board (IAASB), through its working group, has published ISA 540 (Revised) Implementation - Expected...
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Philippine Framework for Assurance Engagements
Description Philippine Framework for Assurance Engagements Date September 27, 2007 Download...
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AASC Alert No. 003 Series of 2020
Description In response to auditing challenges and circumstances brought about by the COVID-19 pandemic, which continues to disrupt markets, businesses and organizations, the International Auditing and Assurance Standards Board (IAASB) has...
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AASC Alert No. 004 Series of 2020
Description In response to auditing challenges and circumstances brought about by the COVID-19 pandemic, which continues to disrupt markets, businesses and organizations, the International Auditing and Assurance Standard Board (IAASB) has published...
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AASC Alert No. 002 Series of 2020
Description On January 08, 2020, the Monetary Board of the Bangko Sentral ng Pilipinas (BSP) approved amendments to relevant provisions of the: (a) Manual of Regulations for Banks (MORB) and Manual of Regulation on Foreign Exchange Transactions...
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